In its Q2 2026 investor letter, Guinness Global Innovators Fund noted that streaming giant Netflix was one of the fund's weaker holdings during the quarter. The market was disappointed by Netflix's decision to maintain its 2026 guidance, interpreting it as a potential signal of slower growth in the coming quarters. The letter also mentioned that Netflix co-founder and chairman Reed Hastings had stepped down, with long-time board member Jay Hoag succeeding him; concurrently, Netflix abandoned negotiations to acquire Warner Bros. studios and streaming assets.