Netflix has authorized an additional $25 billion share repurchase program, adding to its December 2024 plan and bringing its total potential buybacks to about $32 billion. The move follows the company’s withdrawal from a $72 billion Warner Bros Discovery ...

Netflix Inc. is facing growing online backlash over rising subscription prices and cancellation calls, even as the streaming giant reportedly benefits from a nearly $3 billion breakup windfall tied to its failed Warner Bros.

The streaming giant dropped out of the bidding for Warner Bros. Discovery Inc., but it may now get another, smaller studio lot for a lot less money.

Netflix's board of directors has authorized a stock buyback of an additional $25 billion. The move comes as the company looks to boost its share price following a major hit driven by its $83 billion deal for Warner Bros.

Once Netflix ( NFLX) executives lick their wounds after failing to close the big deal with Warner Bros. Discovery ( WBD) and delivering subpar first quarter results, they will return with a new pitch to investors: vertical video as a growth strategy and value unlock.