Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Instant Reaction: Netflix Says Tax Dispute Hurt Solid Quarter | Bloomberg Surveillance
Posted
October 21, 2025
Views
200
October 21, 2025
200
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
23:10Now PlayingNetflix 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.
Tom Keene, Paul Sweeney, Lisa Mateo and Michael Barr have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.
Watch Surveillance TV LIVE each mornings
Watch Surveillance Radio LIVE weekday mornings
Subscribe to Bloomberg Podcasts
Listen to more Bloomberg Surveillance
#Bloomberg #Podcast #Surveillance #News #Markets
Follow Bloomberg Podcasts on Twitter
Visit our other YouTube channels:
Bloomberg Television
Bloomberg Originals
For coverage on news, markets and more
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
