Instant Reaction: Netflix Says Tax Dispute Hurt Solid Quarter

Instant Reaction: Netflix Says Tax Dispute Hurt Solid Quarter

Netflix said a tax dispute with Brazil cut into third-quarter earnings, marring results that otherwise fell in line with Wall Street estimates.


The world’s most valuable entertainment company posted quarterly operating income of $3.24 billion, according to a statement Tuesday, about $400 million below its own forecast and analysts’ estimates. The company’s outlook for the current quarter is largely in line with Wall Street projections.

Netflix had to pay about $619 million to settle a multiyear tax dispute with Brazilian authorities going back to 2022. The company had identified the potential risk in previous filings – but not in its earnings guidance — and said it would have beaten forecasts if not for the expense. Future payments will be smaller.“We don’t expect this matter to have a material impact on future results,” the company said.
For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with:

  • Bloomberg News Media and Entertainment Editor Felix Gillette
  • Mark Douglas, President & CEO of MNTN
  • Bloomberg Intelligence Senior Media Analyst Geetha Ranganathan

See omnystudio.com/listener for privacy information.

Episoder(4302)

Bloomberg Surveillance TV: January 20th, 2026

Bloomberg Surveillance TV: January 20th, 2026

Featuring: Gary Cohn, IBM Vice Chairman Paul Ryan, Teneo Vice Chairman and former Speaker of the US House of Representatives Alexander Stubb, President of Finland See omnystudio.com/listener for priv...

20 Jan 28min

Investors Look to Safe Havens as Davos Kicks Off

Investors Look to Safe Havens as Davos Kicks Off

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyTuesday, January 20th, 2026Featuring:1) Michael Purves, Founder and CEO at ...

20 Jan 32min

Single Best Idea with Tom Keene: Avery Sheffield & Alexis Crow

Single Best Idea with Tom Keene: Avery Sheffield & Alexis Crow

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Rockefeller Asset Management’s Avery Sheffield & Dr....

16 Jan 2min

Bloomberg Surveillance TV: January 16th, 2026

Bloomberg Surveillance TV: January 16th, 2026

Featuring: Mona Mahajan, Principal and Head of Investment Strategy at Edward Jones Jon Lieber, US Managing Director and Head of Research at Eurasia Group Stephen Stanley, Chief US Economist at Santan...

16 Jan 19min

Trump’s Pursuit of Powell Threatens to Muddle Fed Tea Leaves

Trump’s Pursuit of Powell Threatens to Muddle Fed Tea Leaves

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Alexis ChristoforousFriday, January 16th, 2026Featuring:1) Stephen Parker, Co-Head of G...

16 Jan 34min

Single Best Idea with Tom Keene: Dominic Konstam & Anna Wong

Single Best Idea with Tom Keene: Dominic Konstam & Anna Wong

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.In this episode, we feature conversations with Mizuho's Dominic Konstam & Anna Wong of Bloomberg Econ...

15 Jan 3min

Bloomberg Surveillance TV: January 15th, 2026

Bloomberg Surveillance TV: January 15th, 2026

Featuring: Nela Richardson, Chief Economist for ADP French Hill, Republican Congressman for Arkansas Terry Haines, Founder of Pangaea Policy See omnystudio.com/listener for privacy information.

15 Jan 21min

Dollar-Yen in Focus

Dollar-Yen in Focus

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Alexis ChristoforousThursday, January 15th, 2026Featuring:1) Dominic Konstam, Head of M...

15 Jan 29min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
finansredaksjonen
utbytte
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
livet-pa-veien-med-jan-erik-larssen
pengepodden-2
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
okonomiamatorene
rss-sunn-okonomi
lederpodden
rss-markedspuls-2
flypodden
rss-fa-makro