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Netflix’s Ted Sarandos, Disney’s Dana Walden, NBCUniversal’s Donna Langley and other top Hollywood executives attended French President Emmanuel Macron’s Lumière Summit on cinema’s future amid AI and streaming disruption.
Netflix stock is down 40% from its all-time high after weak Q3 guidance and thin recent hits. Investors now see it as a maturing “value stock,” not a high-growth tech company, per LightShed’s Rich Greenfield.