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The $25B programme has no expiration date and sits on top of a December 2024 authorisation that still had $6.8B remaining. Netflix’s board approved it on 22 April. Shares rose 1.5% in premarket trading on the news, after falling as much as 10.8% following the Q1 report on 16 April. Netflix’s board authorised an additional […]
Austin Hargrave
Netflix shares plunge after weak guidance and news that cofounder Reed Hastings will leave the board
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Ben King/Netflix

In short: Netflix has launched Netflix Playground, a dedicated standalone gaming app for children aged eight and under, bundled into existing memberships with no ads or in-app purchases and full offline support, positioning it squarely against Apple Arcade in the family market. Netflix has quietly extended its gaming ambitions into the family market with the launch […]