Netflix Co-Chief Executive Ted Sarandos says on a call with analysts that the wildfires in Southern California won’t cause any meaningful disruptions to the streaming giant’s Los Angeles-based productions or cash-content spending in 2025. He says the company’s goal is to keep productions on schedule, while aiding relief efforts and being mindful of those who need time to work through the challenges of the fires. “This industry has been through a really tough couple of years, starting with Covid, going into the strikes and now this,” he says. “So it’s really important that we try not to delay anything and try to make sure that these jobs stay safe.” Shares jump 14% on surging demand and sharp subscriber gains in 4Q.