You will be redirected back to your article in seconds

Netflix Stock Up Despite ‘Orange Is the New Black’ Leak; Hackers Threaten Further Action

Netflix’s investors apparently weren’t too bothered by this weekend’s “Orange Is the New Black” leak, and sent the company’s stock up more than 3 percent Monday. The hackers behind the leak meanwhile threatened further action as well.

Netflix’s stock broke new records Monday morning, shooting up as high as $157.38, and gaining more than 3 percent compared to Friday’s closing price. That’s despite the fact that a hacker or group of hackers going by the name of TheDarkOverlord leaked 10 episodes of the still-unreleased 5th season of “Orange Is the New Black” early Saturday morning following a security breach at a third-party vendor.

The show was apparently released after Netflix failed to respond to a blackmail attempt, with TheDarkOverlord demanding payments via the crypto-currency Bitcoin to not release the content. Investors may like the fact that Netflix apparently didn’t give in to the hackers’ ransom demands, and there may be a sense that the leak of these ten episodes won’t materially impact the company.

Then again, TheDarkOverlord doesn’t seem to be done. “It’s nearly time to play another round,” it tweeted on Monday morning, suggesting that we may see additional leaks in the coming days.

https://twitter.com/tdohack3r/status/858893194297315328

The group told DataBreaches.net that it got its hands on 3 dozen additional movies and TV shows as part of the same hack, with titles including ABC’s “The Catch,” NBC’s “Celebrity Apprentice,” CBS’ “NCIS Los Angeles,” and Fox’s “New Girl.”

 

More Digital

  • Unilever Presses Digital Influencers to Drop

    Unilever Presses Digital Influencers to Drop Bots, Fake Followers

    Netflix’s investors apparently weren’t too bothered by this weekend’s “Orange Is the New Black” leak, and sent the company’s stock up more than 3 percent Monday. The hackers behind the leak meanwhile threatened further action as well. Netflix’s stock broke new records Monday morning, shooting up as high as $157.38, and gaining more than 3 percent […]

  • HoloLens

    Microsoft to Launch Second-Gen Hololens AR Headset in Early 2019 (Report)

    Netflix’s investors apparently weren’t too bothered by this weekend’s “Orange Is the New Black” leak, and sent the company’s stock up more than 3 percent Monday. The hackers behind the leak meanwhile threatened further action as well. Netflix’s stock broke new records Monday morning, shooting up as high as $157.38, and gaining more than 3 percent […]

  • From 'This Is Us' to Funny

    Digital Short Form Is a Key Growth Area for Content Creators

    Netflix’s investors apparently weren’t too bothered by this weekend’s “Orange Is the New Black” leak, and sent the company’s stock up more than 3 percent Monday. The hackers behind the leak meanwhile threatened further action as well. Netflix’s stock broke new records Monday morning, shooting up as high as $157.38, and gaining more than 3 percent […]

  • iPhone X

    Cheaper iPhones Expected to Outsell High-End Models for Foreseeable Future (Report)

    Netflix’s investors apparently weren’t too bothered by this weekend’s “Orange Is the New Black” leak, and sent the company’s stock up more than 3 percent Monday. The hackers behind the leak meanwhile threatened further action as well. Netflix’s stock broke new records Monday morning, shooting up as high as $157.38, and gaining more than 3 percent […]

  • UTA

    UTA Buys Marketing Firm Blue Group Entertainment (EXCLUSIVE)

    Netflix’s investors apparently weren’t too bothered by this weekend’s “Orange Is the New Black” leak, and sent the company’s stock up more than 3 percent Monday. The hackers behind the leak meanwhile threatened further action as well. Netflix’s stock broke new records Monday morning, shooting up as high as $157.38, and gaining more than 3 percent […]

  • Chen Kaige to Shoot Series for

    Chen Kaige to Shoot Series for iQIYI

    Netflix’s investors apparently weren’t too bothered by this weekend’s “Orange Is the New Black” leak, and sent the company’s stock up more than 3 percent Monday. The hackers behind the leak meanwhile threatened further action as well. Netflix’s stock broke new records Monday morning, shooting up as high as $157.38, and gaining more than 3 percent […]

More From Our Brands

Access exclusive content