Netflix's CFO, Spence Neumann, stated that the company will continue its efforts with the $2.8 billion breakup fee it received from Paramount Skydance. This comes after Netflix abandoned its bid to buy Warner Bros.’s studios and streaming business after Paramount increased its offer price. Neumann stated that Netflix had a unique view on valuing the WBD assets and that it would have been great stewards of them. The company plans to increase its total cash content spending to around $20 billion in 2026, up 10% from last year.