Bloomberg Money Minute: Netflix Tax Settlement, Streaming Deals, NHL Predictions, and Lyft Cash Back

Netflix's Financial and Content Landscape

• 📉 Netflix shares are tumbling due to a significant tax dispute settlement with Brazil, costing hundreds of millions of dollars.
• 💡 Despite this financial setback, Netflix boasts popular content like "K-Pop Demon Hunters," "Wednesday," and a "Happy Gilmore" sequel.
• 🤝 Both Netflix and Comcast are reportedly interested in acquiring assets from Warner Brothers Discovery.

Sports and Prediction Markets

• 🏒 The National Hockey League (NHL) has entered a multi-year partnership with Kelsey and Polly Market, marking a first for a major U.S. sports league.
• 📈 This deal grants prediction market platforms the right to use NHL logos and trademarks, offering them prominent onscreen exposure during broadcasts.

Lyft's New Customer Incentive

• 💰 Lyft is piloting a new program that offers customers cash back on future rides.
• 💸 Participants can earn up to 5% cash back by opting to reload funds into their account for upcoming rides.