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Investing.com and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investing.com — The streaming wars have shifted from a battle over subscriber counts to a brutal fight over free cash flow. Legacy conglomerates like Walt Disney (NYSE:DIS) are funding costly platform overhauls as their linear television revenues shrink, while Warner Bros. Discovery was forced into the arms of Paramount Skydance in a massive $110 billion consolidation closed in October. Yet in a market obsessed with tech volatility, sharp share price pullbacks can make a company look broken even when its underlying fundamentals are accelerating. Netflix (NASDAQ:NFLX) posted an elite 34.
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