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Netflix Inc. (NFLX) shares climbed +2.09%, trading at $720.14 as of 12:43 PM ET on September 24, 2024. The uptick follows excitement surrounding Netflix’s upcoming release of the highly anticipated docuseries, “Mr. McMahon,” set to premiere on September 25. The series will delve into Vince McMahon’s leadership of WWE, offering a deep exploration of his career and influence on the wrestling entertainment industry.
This release is part of a broader $5 billion WWE deal, which is set to officially begin in 2025, strengthening Netflix’s portfolio with exclusive WWE content. Investors are optimistic that the WWE partnership will drive additional growth for the streaming giant as it looks to expand its content offerings.
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