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NFLX Jan 2024 340.000 put
| Previous close | 16.31 |
| Open | 15.34 |
| Bid | 14.70 |
| Ask | 15.05 |
| Strike | 340.00 |
| Expiry date | 2024-01-19 |
| Day's range | 14.95 - 15.35 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.4k |
- Yahoo Finance Video
Why there may be less content coming to your streaming service
After 146 days, WGA has reached a tentative deal with Hollywood studios, which is one of the steps need to get film and television production going again. Needham & Co. Senior Analyst Laura Martin explains how strikes could impact the volume of content that streaming services produce. “Wall Street is demanding they.. move to profitability faster,” Martin says. For streamers, this could mean cutting down seasons by filming fewer episodes—“less content spending”, as Martin notes. Martin expects consolidation in the industry, which will help “get rid of duplicative costs.” In regards to smaller streamers, Martin states that due to large competitors such as Amazon (AMZN) and Netflix (NFLX) “there’s no advantage to being small.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Yahoo FinanceHollywood writers reach tentative deal with studios to end historic strike
A deal would put an end to some of the uncertainty media stocks have been facing amid Hollywood's double strike.
- Investing.com
Netflix ordered to halt patent infringement by German court in ongoing Broadcom dispute
In a significant development in the tech and entertainment industry, a ruling by the District Court of Munich on Monday has found Netflix (NASDAQ:NFLX) guilty of infringing on a patent held by global technology company Broadcom (NASDAQ:NASDAQ:AVGO). This ruling marks a notable milestone in an ongoing patent dispute between the two corporations that began in 2018.
