WWE Interested In Bringing Jason Kelce Back After WrestleMania Appearance

Netflix Exceeds Earnings Estimates As Subscribers Increase

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. We’re 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%

Dwayne Johnson Gains Ownership Rights to 25 Names and Catchphrases

Dwayne Johnson Gains Ownership Rights , to 25 Names and Catchphrases. Johnson received intellectual property rights to a slew of names and phrases after joining TKO Group Holdings' board of directors, 'Variety' reports. . It was previously announced that the deal gave Johnson rights to his famous wrestling name, “The Rock,”. but in a Feb. 27 SEC filing, TKO revealed more intellectual property that the WWE has surrendered to Johnson. . According to 'Variety,' the full list includes:. “The Rock,” “Rocky Maivia,” “Team Corporate,” “Rock Nation,” “The Nation,” “Roody Poo,” “Candy Ass,” “Jabroni,” . “If you smell what The Rock is cooking,” “The Samoan Sensation,” “The Blue Chipper,” “The Brahma Bull,” “The People’s Champion,” “The Great One,” . “Know Your Role and Shut Your Mouth,” “Team Bring It,” “The Rock Just Bring It,” “The People’s Elbow,” “Rock Bottom,” “Finally, The Rock has come back to…,” . “It doesn’t matter what…,” “Blue Hell,” “The millions… (and millions),” “Rockpocalypse,” “Project Rock” and “The most electrifying man in sports and entertainment.”. According to the SEC filing, Johnson will receive $30 million in TKO stock through 2025. He was also given WWE royalty payments of $491,000 in 2023... ... and “will continue to receive such annual royalties from WWE and will be entitled to receive royalties in connection with the sale of licensed products”... ... “that utilize the Assigned IP and his name, likeness and other intellectual property rights in accordance with the Services Agreement.”