In a shocking turn of events, wrestling icon Vince McMahon has resigned from his position at WWE's parent company, TKO Group Holdings.
The announcement comes amidst a federal lawsuit filed by former WWE employee Janel Grant, who has accused McMahon and another former executive of serious Sexual misconduct.
Netflix Exceeds Earnings Estimates , As Subscribers Increase.
Netflix Exceeds Earnings Estimates , As Subscribers Increase.
Netflix released a Q1 earnings report on April 18, indicating that its number of subscribers jumped 16% year-over-year to reach 269.6 million.
Analysts only expected the streamer to have about 264.2 million subscribers, CNBC reports. .
The company also brought in $9.37 billion in revenue versus analysts' expectations of $9.28 billion. .
However, Netflix said that its membership numbers are no longer the main factor contributing to the company's growth.
As a result, the company will stop providing "quarterly membership numbers or average revenue per user" beginning in 2025, CNBC reports. .
Instead, it will divulge "major subscriber milestones as we cross them.".
Price hikes, terminating password sharing
and offering an ad-supported tier are all tactics that have boosted revenue.
Netflix is also seeking to gain traction within the video game space and recently partnered with TKO Group Holdings to offer WWE on the platform.
Weβre in the very early days of
developing our live programming and
I would look at this as an expansion of
the types of content we offer, the way
we expanded to film and unscripted and
animation and most recently games, Ted Sarandos, co-CEO of Netflix, via earnings call.
We believe that these kind of event cultural
moments like the Jake Paul and Mike Tyson
fight are just that kind of television, and we
want to be part of winning over those
moments with our members as well, so that
for me is the excitement part of this, Ted Sarandos, co-CEO of Netflix, via earnings call.
As of the morning of April 18,
Netflix's stock was up 27%
Credit: Wibbitz Top Stories Duration: 01:30Published
Join us as we pay tribute to First Sergeants Nachman Meir Haim Vaknin and Noam Bittan, who lost their lives in combat in the southern Gaza Strip. Their dedication and sacrifice remind us of the ongoing challenges faced by IDF troops as they defend Israel's security against terrorist threats.
#IDF #IsraeliDefenceForces #IDFSoldiers #Gaza #GazaWar #GivatiBrigade #GivatiBrigadeSoldiers #GazaStrip #IsraelHamasWar #IsraelPalestine #Oneindia
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On Saturday evening, a mysterious blue meteorite blazed through the skies over Spain and Portugal, leaving citizens stunned and the internet buzzing. Traveling at an incredible 61,000 km/h, the meteorite was first seen over Foros de Vale Figueira and eventually disintegrated over Sousel, creating a spectacular display of light. Social media exploded with viral videos capturing this rare celestial event. Dive into the phenomenon that has everyone talking, with speculations running wild and no fragments yet found. Witness the event that has captivated Europe and the online world!
#Europe #ViralVideos #Meteor #Portugal #Spain #ForosdeVale #EuropeNews #EuropeSky #Sousel #SpaceandScience #SpaceNews #Oneindia
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Indian Prime Minister Narendra Modi's revelation about India's diplomatic intervention in the Gaza conflict has sparked intrigue. In an exclusive interview with Aaj Tak, PM Modi disclosed sending a special envoy to Israel during Ramadan, urging them to cease airstrikes in Gaza. Despite facing criticism and navigating domestic political campaigns, PM Modi's diplomatic stance adds complexity to India's foreign policy. Explore the implications of PM Modi's actions and their impact on global relations in this insightful discussion.
#PMModi #Gaza #GazaWar #IsraelIndiaRelations #IsraelPalestine #BenjaminNetanyahu #NarendraModi #Ramazan #IndiaIsrael #Oneindia
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In a dramatic overnight operation, Russia claims to have intercepted more than 100 Ukrainian drones across the southern part of the country, over annexed Crimea, and across the Black Sea. This marks one of the largest overnight drone attacks by Ukraine to date. As Russian forces advance along the front lines, achieving significant territorial gains, Ukraine's drone strategy faces intense defensive measures. Join us as we delve into the details of this major development in the ongoing Russia-Ukraine conflict.
#RussiaUkraineWar #RussiaUkraine #RussiaAttacksUkraine #UkrainettacksRussia #RussianDrones #UkrainianDrones #VladimirPutin #VolodymyrZelenskyy #RussianWeapons #UkrainianWeapons #Oneindia
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In a surprising turn of events, US soldier Gordon Black, detained in Vladivostok, Russia, pleads guilty to theft charges. Get the latest updates on this developing story from Russia's RIA state news agencies. Stay tuned for more details.
#USSoldierinRussia #USSoldier #Russia #WestRussiaTensions #RussiaUSRelations #RussiaUSTensions #VladimirPutin #JoeBiden #Oneindia
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World Wrestling Entertainment founder Vince McMahon stepped down from his role with the company and its parent company Friday. McMahon tendered his resignation from his positions at TKO Holdings and..
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