Netflix is expected to report a 15.5% increase in revenue to $12.18 billion in the first quarter
Investors will look for Netflix to emphasise content spending and ad business growth as key drivers when it reports quarterly earnings on Thursday, marking the streaming giant’s first results since its failed bid for Warner Bros Discovery.
Buying Warner Bros would have handed Netflix a clutch of prized franchises including “Game of Thrones” and “Friends” without the costly effort of building out its own.