Celine Dion Reveals Rare Neurological Disorder, Cancels Shows

Singer Celine Dion arrives to attend the Haute Couture Fall/Winter 2019/20 collection show by designer Alexandre Vauthier in Paris, France, July 2, 2019. REUTERS/Regis Duvignau
Singer Celine Dion arrives to attend the Haute Couture Fall/Winter 2019/20 collection show by designer Alexandre Vauthier in Paris, France, July 2, 2019. REUTERS/Regis Duvignau
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Celine Dion Reveals Rare Neurological Disorder, Cancels Shows

Singer Celine Dion arrives to attend the Haute Couture Fall/Winter 2019/20 collection show by designer Alexandre Vauthier in Paris, France, July 2, 2019. REUTERS/Regis Duvignau
Singer Celine Dion arrives to attend the Haute Couture Fall/Winter 2019/20 collection show by designer Alexandre Vauthier in Paris, France, July 2, 2019. REUTERS/Regis Duvignau

Pop diva Celine Dion on Thursday tearfully revealed that she is suffering from Stiff-Person Syndrome, a rare neurological disorder that is affecting her singing, and said she would have to cancel or postpone a series of European shows.

In a five-minute video posted on Instagram in French and English, a clearly emotional Dion said she had been dealing with the health problems "for a long time."

"Recently I have been diagnosed with a very rare neurological disorder called Stiff-Person Syndrome which affects something like one in a million people," the Canadian hitmaker said.

It has been causing spasms that "affect every aspect of my daily life, sometimes causing difficulties when I walk and not allowing me to use my vocal cords to sing the way I'm used to," she said.

"It hurts me to tell you today this means I won't be ready to restart my tour in Europe in February."

Dion, who is 54, said she was supported by her children and a team of doctors working every day to improve her condition, but added: "I have to admit, it's been a struggle."

"All I know is singing, it's what I've done all my life and it's what I love to do the most," said Dion, breaking into tears.

"I miss seeing all of you, being on the stage, performing for you."

Her spring dates in Europe, which were due to begin in the Czech Republic in February, have been postponed to 2024, while eight of her summer shows have been cancelled entirely.



Netflix Shares Rise as Rosy Outlook Calms Investors’ Nerves amid Tariff Fears

In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
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Netflix Shares Rise as Rosy Outlook Calms Investors’ Nerves amid Tariff Fears

In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)

Netflix shares rose about 3% in premarket trading on Monday as the streaming giant's upbeat annual revenue outlook reassured investors that it could withstand any economic downturn amid a tariff laden economic climate.

The company's co-CEO Greg Peters noted that the entertainment sector, and Netflix specifically, had proven resilient during previous downturns.

Peters said they had not seen any significant shifts in customer behavior, after the company reported first-quarter earnings above analysts' expectations on Thursday.

Netflix also reaffirmed its 2025 revenue forecast of between $43.5 billion and $44.5 billion.

These remarks offered some respite to investors who were worried that President Donald Trump's tariff policies could likely lead to a recession, forcing consumers to rein in spending on streaming services.

"Even in a global recession scenario, Netflix is likely to be highly resilient given the price-to-value of the service remains very attractive," said Jeffrey Wlodarczak, an analyst at Pivotal Research Group, who is five-star rated for both estimate accuracy and recommendation performance, as per LSEG data.

"Their advertising business should demonstrate strong growth in any scenario given its nascent state," Wlodarczak said.

The lower-priced, ad-supported tier accounted for 55% of new sign-ups in countries where it is available, Netflix said.

"While advertising is a small portion of the business today, the longer-term prospects are notably robust...while investments in ad-tech capabilities should drive healthy growth for years to come," BofA Global Research analysts said.

Earlier this month, the Wall Street Journal reported that Netflix aims to double revenue from $39 billion in 2024 and earn about $9 billion in global ad sales by 2030.

The company has upped the ante on delivering steady revenue growth as it ceased reporting subscriber data from this year, leaving Wall Street with fewer metrics to gauge its health.

Peers Walt Disney and Warner Bros Discovery shares were down under 1% each in premarket trading.

At least seven brokerages raised price target for Netflix following its results, bringing the median target to $1,147.50, according to data compiled by LSEG.