- Netflix’s stock has fallen 17% this year and 40% over the past year.
- The streaming giant recently hit its lowest share price in nearly two years.
- Viewers are increasingly abandoning shows after just one season, impacting Netflix’s viewership metrics.
Disney eyes acquisition of Character.ai amid bankruptcy filing
Disney is considering a potential acquisition of Character.ai, a tech startup that has recently filed for Chapter 11 bankruptcy. The move could allow Disney to integrate advanced AI chatbot technology into its offerings. This acquisition could reshape Disney’s approach to digital interactions and character engagement.