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
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
~PR.274~ED.155~
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
~PR.274~GR.123~HT.318~ED.194~
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
~HT.99~PR.274~GR.124~ED.102~
May 20th is the scheduled date of the Fifth Phase of the Lok Sabha Elections. And one of the seats in this crucial contest where voting will take place is the Raebareli Constituency. The Congress, on May 3, announced Rahul as a candidate from Raebareli and loyalist KL Sharma from Amethi, keeping Priyanka as well as Vadra out of the electoral contest. Rahul Gandhi is a sitting MP in Kerala's Wayanad, where he is seeking a fresh term alongside Rae Bareli. Rahul represented Amethi from 2004 until 2019. Priyanka Gandhi held a mega roadshow in Rae Bareli ahead of the fifth phase of voting. Oneindia News brings to you an exclusive update on the political pulse of Rae Bareli.
#LSPolls2024 #RaebareliBattle #RahulGandhi #PriyankaGandhiRaebareli #PriyankaGandhiRaebareliRoadshow #LocalsSpeakOut #RahulGandhi #PriyankaGandhi #PMModi #Congress #BJP #INDIAlliance #ElectoralBattle #IndianPolitics #RaebareliElections
~HT.178~ED.194~ED.155~GR.124~
In the United States, the presidential election campaign is in full swing. Young voters are often considered difficult to reach. And with both Democrats and Republicans fielding candidates born in the 1940s, the parties are worried about how to get the youth vote out.
#USPolitics #ElectionCampaign #YouthVote #VoterEngagement #PoliticalParties #GenerationZ #MillennialVoters #GetOutTheVote #YouthEngagement #USPresidentialElection #OIDW #DWVideos
~HT.178~PR.152~ED.103~GR.124~
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..
![Netflix Exceeds Earnings Estimates As Subscribers Increase [Video]](https://video.newsserve.net/300/v/20240419/1373185500-Netflix-Exceeds-Earnings-Estimates-As-Subscribers-Increase.jpg)
![Gaza War: PM Modi's Secret Diplomatic Mission: What Did He Say to Israeli Counterpart? Oneindia News [Video]](https://video.newsserve.net/300/v/20240518/1375772904-Gaza-War-PM-Modi-Secret-Diplomatic-Mission.jpg)
![Putin's Army Thwarts 100 Drones Fired In Biggest Overnight Assault By Ukraine | Oneindia News [Video]](https://video.newsserve.net/300/v/20240517/1375710758-Putin-Army-Thwarts-100-Drones-Fired-In.jpg)
![Latest Chapter in West & Russia Tensions: American Soldier Detained in Vladivostok | Oneindia News [Video]](https://video.newsserve.net/300/v/20240517/1375686812-Latest-Chapter-in-West-Russia-Tensions-American.jpg)
![LS Polls 2024: Priyanka Gandhi Holds a Mega Roadshow In Rae Bareli Ahead Of The Voting | Watch here [Video]](https://video.newsserve.net/300/v/20240516/1375647102-LS-Polls-2024-Priyanka-Gandhi-Holds-Mega.jpg)
![Youth Vote: Challenges and Strategies in the US Presidential Election Campaign | Oneindia News [Video]](https://video.newsserve.net/300/v/20240516/1375643744-Youth-Vote-Challenges-and-Strategies-in-the-US.jpg)
![BREAKING NEWS! | This story about VINCE MCMAHON may DISTURB you! [Video]](https://video.newsserve.net/300/v/20240128/1706457158-BREAKING-NEWS!-This-story-about-VINCE-MCMAHON.jpg)
![Vince McMahon Sued - Lawsuit Review [Video]](https://video.newsserve.net/300/v/20240127/1706329850-Vince-McMahon-Sued-Lawsuit-Review.jpg)
![NO CHANCE IN HELL...A NEW VINCE McMAHON LAWSUIT! [Video]](https://video.newsserve.net/300/v/20240126/1706268809-NO-CHANCE-IN-HELL-NEW-VINCE.jpg)
