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Dharma Productions’ Good News postponed yet again

One of the leading moviemaking banners Dharma Productions, headed by filmmaker Karan Johar, has decided to defer the release of their upcoming film Good News from 6th September to 27th December.

Well, this is not the first time when the release date of the hotly anticipated movie has been reshuffled. Good News, which marks the directorial debut of Raj Mehta, was earlier scheduled to hit the marquee in the second quarter of 2019. However, its release was later pushed to September.


The movie is headlined by Akshay Kumar, Kareena Kapoor Khan, Diljit Dosanjh and Kiara Advani. The film reunites Akshay with Kareena after a huge gap of a decade. They were last seen together in Kambakkht Ishq, which released in 2009.

Diljit Dosanjh, who is doing his first movie with Dharma Productions, took to Instagram to share the new release date. His caption read: “Bringing in the New Year with ‘Good News’ for you. Delivery date: 27th December 2019”.

Now Good News will roll into theatres one week after superstar Salman Khan’s much-awaited Dabangg 3.

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Netflix buyback

The company ended Q1 with $12.3 billion in cash, partly because buybacks were paused during the Warner Bros process

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Netflix approves $25 billion buyback after scrapping Warner Bros bid

Highlights

  • Netflix board approved a $25bn share repurchase on 22 April, with no expiry date.
  • The move follows Netflix abandoning its $83bn bid for Warner Bros' streaming and studio assets.
  • Netflix stock has fallen more than 10 per cent since weak Q2 guidance, closing at $93.24 on 22 April.
Netflix has approved a $25 billion share buyback programme, using capital it had kept aside for its failed bid to buy Warner Bros.
The board gave the green light on 22 April, with the decision disclosed in an SEC filing the next day.
There is no expiry date on the programme. It comes on top of an existing December 2024 buyback that still had $6.8 billion left as of 31 March.

Earlier this year, Netflix pulled out of an $83 billion deal to acquire Warner Bros' streaming and studio assets after Paramount Skydance made a rival bid for Warner Bros. Discovery. Paramount then paid Netflix a $2.8 billion exit fee.

Co-CEOs Ted Sarandos and Greg Peters had already said the company would restart share buybacks once the deal was off.

Netflix shares have had a rough ride. They hit an all-time high of $134.12 in June 2025, then fell more than 40 per cent when the Warner Bros deal was announced.

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