With corners of the media industry in upheaval, Netflix makes clear it's staying out of the fray
NFLXNetflix(NFLX) CNBC·2024-07-19 04:54

A couple sits in front of a television with the Netflix logo on it.Netflix's second-quarter earnings report contained no bombshells, and that's just fine for the company and its investors.In recent weeks, Paramount Global has agreed to merge with Skydance Media. Warner Bros. Discovery is considering all options for its future and may lose broadcast rights to the NBA.While the media and entertainment landscape around Netflix is in a state of change, the world's largest streamer is fine with the status quo."I ...