(FILES) The Netflix logo is pictured at the company's Hollywood studio offices at Sunset Bronson Studios in Los Angeles, California on December 5, 2025. Netflix shares plummeted more than nine percent on April 16, 2026 as the TV streaming titan's quarterly earnings failed to impress investors and co-founder Reed Hastings announced he is leaving. (Photo by Patrick T. Fallon / AFP via Getty Images)

(FILES) This aerial picture taken on December 5, 2025, shows the Netflix logo across from Hollywood studio offices in Los Angeles, California. Netflix shares plummeted more than nine percent on April 16, 2026 as the TV streaming titan's quarterly earnings failed to impress investors and co-founder Reed Hastings announced he is leaving. (Photo by Patrick T. Fallon / AFP via Getty Images)

WASHINGTON, DC - APRIL 16: (L-R) Ben Lamm (Co-Founder & CEO - Colossal Biosciences), Raj Ganguly (Co-Founder & Co-CEO - B Capital) and Reed Albergotti (Technology Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

TOPSHOT - Visitors watch from behind a barrier as penguins are led during a walk inside the Scientific Center in Kuwait City on April 16, 2026. The Scientific Center, one of the centers of the Kuwait Foundation for the Advancement of Sciences, presents a unique Penguin Walk experience, allowing visitors to get up close in an engaging educational setting. (Photo by YASSER AL-ZAYYAT / AFP via Getty Images) *** BESTPIX ***

WASHINGTON, DC - APRIL 16: (L-R) Reed Albergotti (Technology Editor - Semafor) and Dave Mosley (Chairman and CEO - Seagate Technology) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Dave Mosley (Chairman and CEO - Seagate Technology) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Dave Mosley (Chairman and CEO - Seagate Technology) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Dave Mosley (Chairman and CEO - Seagate Technology) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)