Netflix in the news: Reed Hastings exits the board, sparking stock dip as the streamer reshapes leadership. Co-founder still shaping global strategy.
Floyd Mayweather and Manny Pacquiao will face off again on September 19 at the Las Vegas Sphere, streamed on Netflix. This marks their second fight, 11 years after their first, and the first boxing event at the Sphere. Both nearing 50, they recently returned from retirement, with Mayweather ending a nine-year hiatus and Pacquiao returning last year.
Since US and Israeli strikes on Iran over the weekend, Iran has launched missile and drone attacks across the Middle East, targeting Saudi Arabia, Qatar, and Dubai. Oil prices have risen, and global markets are volatile. The conflict enters its fourth day, with ongoing threats to energy supplies and regional stability. Today is Tue, 03 Mar 2026.
Paramount Skydance plans to merge HBO Max into a new service, creating a platform with around 200 million subscribers. The move aims to compete with Netflix and Disney, but the deal faces regulatory scrutiny and industry challenges amid a shifting media landscape.
Paramount Skydance has outbid Netflix to acquire Warner Bros. Discovery for $111 billion, pending regulatory approval. The deal aims to combine major studios and streaming platforms, with ongoing concerns over market dominance, regulatory scrutiny, and potential impacts on the entertainment industry. The process faces delays and political considerations, but the deal is expected to close within 6 to 18 months.
On March 20, 2026, BTS released 'Arirang,' their first full album since completing South Korea's mandatory military service. The album sold nearly 4 million copies on its first day and topped charts in the UK, Australia, and Germany. On March 21, BTS performed a historic comeback concert in Seoul's Gwanghwamun Square, streamed live on Netflix to 18.4 million viewers worldwide.
Filming for the third season of the period drama 'Debutante' (working title for 'The Buccaneers') took place in Edinburgh, causing road closures and attracting crowds. The series stars Kristine Froseth, Christina Hendricks, and others, recreating 1800s street scenes with period costumes and props.
Al Jazeera has established a secret backup studio in Doha amid fears of Israeli cyberattacks and missile threats. The network is also preparing contingency plans to shift coverage to London and Washington if its main facilities are compromised, as tensions escalate in the Middle East.
The box office features the release of 'Lee Cronin’s The Mummy,' which opens in 3,404 locations earning $13.5 million, and the ongoing success of the 'Mario' sequel, which has now grossed over $747 million worldwide. Meanwhile, streaming platforms debut new series and movies, including 'Dust Bunny' on HBO Max and the return of 'Beef' on Netflix.
Private credit funds have seen significant redemption requests in Q1 2026: Blackstone reported nearly 8% of investors asking for cash, while Apollo, Ares and Blue Owl have seen double-digit outflows. Managers are blaming news "noise," but withdrawals are resembling a slow-motion run that will increase liquidity stress on funds.
CBS News has been undergoing significant changes as new leadership attempts to shift the network's editorial and operational strategies. Bari Weiss and Tom Cibrowski are reportedly working with differing visions, leading to internal frustrations and ratings challenges. Meanwhile, other media outlets are adjusting their staffing and programming to adapt to industry shifts.
Broadway productions and new releases are reporting recouped capitalization costs across multiple shows, including a Rogers-influenced revival and a Darin-led musical. Box office trends show strong performance for the latest revivals and upcoming wide releases, with touring plans for next year.
A roll of notable birthdays highlights actors, musicians and media personalities across late May, with commemorations and milestones noted for a large group of performers and public figures.
Ronda Rousey has defeated Gina Carano in 17 seconds at MVP's Netflix card in Inglewood, marking a swift finish and signaling the culmination of Rousey's comeback. The bout drew global attention and payouts have been disclosed by regulators.