CNBC Daily Open: Netflix holds its own even as other media companies rethink their strategy
1. Netflix's third-quarter earnings fell short due to a tax dispute in Brazil. 2. Shares dropped approximately 6% in after-hours trading following the earnings miss. 3. Netflix continues to dominate streaming despite mixed results and legacy media's struggles. 4. The hit film 'KPop Demon Hunters' significantly boosted ad sales this quarter. 5. Warner Bros. Discovery's potential sale indicates continued shifts in the media landscape.