Ex-Activision CFO Neumann Moves to Netflix
Netflix appoints Spencer Neumann as its CFO just two days after Activision announced it had terminated him for cause.
Netflix Posts Big Rebound in Subscriber Growth
The streaming giant's strong Q3 “serves as a comeback after it failed to meet its own performance predictions in Q2."
CFOs on the Move: Week Ending Aug. 17
Lee Enterprises, Brookdale Senior Living, Alorica, Alliance Data Systems, Stifel Financial, Startek, Agilent Technologies, Ambarella, Stage Stores, Netflix
Netflix CFO David Wells to Depart
Wells headed finance for eight years, but intends his "next chapter to focus more on philanthropy."
Netflix Shares Dive as Subscriber Adds Miss
The company suggests the lower-than-expected subscriber growth in Q2 was a temporary blip but analysts fear the quality of its programming has declined.
Netflix Tapping Junk Bond Market for $1.5B
The streaming giant goes back to the high-yield market to help fund its massive content needs.
New Tax Law Raises Exec Comp Questions
Performance-based incentive pay programs may be significantly affected by the Tax Cuts and Jobs Act.
Disney to Buy Fox in $52B Media Mega-Merger
The deal will add to "the stable of must-watch content [Disney] can offer directly to consumers — and that streaming competitors can not.”
Netflix Posts Record Q3 Subscriber Growth
With Netflix hiking prices for the first time since 2015, the addition of 5.3 million subscribers in Q3 is "an encouraging sign for investors."
Using cost discipline, astute capital investments, and operational know-how, these 20 CFOs aim to guide their companies to a growth-filled future.
Disney Shares Tumble on Weak Q3 Results
The company announces a major shift to streaming content as operating income from media networks, including ESPN, takes another dive.