Netflix appoints Spencer Neumann as its CFO just two days after Activision announced it had terminated him for cause.
The streaming giant's strong Q3 “serves as a comeback after it failed to meet its own performance predictions in Q2."
Lee Enterprises, Brookdale Senior Living, Alorica, Alliance Data Systems, Stifel Financial, Startek, Agilent Technologies, Ambarella, Stage Stores, Netflix
Wells headed finance for eight years, but intends his "next chapter to focus more on philanthropy."
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.
The streaming giant goes back to the high-yield market to help fund its massive content needs.
Performance-based incentive pay programs may be significantly affected by the Tax Cuts and Jobs Act.
The deal will add to "the stable of must-watch content [Disney] can offer directly to consumers — and that streaming competitors can not.”
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.
The company announces a major shift to streaming content as operating income from media networks, including ESPN, takes another dive.
New seasons of such shows as “Orange is the New Black” and “House of Cards” helped boost subscriber growth in a historically weak quarter.
