Trade Deal
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Netflix Holds Steady Amid Media Strategy Shifts
Netflix’s Q3 earnings missed expectations due to a Brazilian tax dispute, although revenue met forecasts. Despite this, analysts foresee continued streaming dominance, fueled by hits like “KPop Demon Hunters.” Legacy media companies like Warner Bros. Discovery and Comcast’s NBCUniversal are evolving. India may reduce oil purchases from Russia for a trade deal with the U.S., while Japan’s exports show recovery signs. UK conglomerates are declining, contrasting with the U.S. model.
