Media
ESPN held talks with NBA, NFL in search for strategic partner, sources say
LeBron James of the Los Angeles Lakers at a game against the LA Clippers at ESPN Wide World Of Sports Complex on July 30, 2020 in Lake Buena Vista, Florida. Mike Ehrmann | Getty Images As Disney considers a strategic partner for ESPN, Chief Executive Officer Bob Iger and ESPN head Jimmy Pitaro have held […]
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Trump Media merger spouse DWAC settles with SEC more than fraud rates
Former U.S. President and Republican presidential prospect Donald Trump speaks at a campaign function in Council Bluffs, Iowa, July 7, 2023. Scott Morgan | Reuters WASHINGTON — The Securities and Exchange Fee announced Thursday that it experienced settled fraud rates with Electronic Planet Acquisition Corp., the corporation that is seeking to choose previous President Donald […]
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AMC drops plan to charge more for better seats at the movies
AMC Movie theatre in New York. Scott Mlyn | CNBC AMC Entertainment dropped its plans to charge customers variable prices for movie theater seats. The company announced its “Sightline” pricing strategy in February and tested it out at select locations in three U.S. markets. The program charged moviegoers more for the best theater seats, or […]
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Netflix stock sinks as Wall Street looks for clarity on revenue growth
Nurphoto | Nurphoto | Getty Images Netflix stock sank more than 9% Thursday after a quarterly earnings report that was largely positive, but left Wall Street underwhelmed and uncertain about key revenue drivers. The selloff in Netflix shares follows a 60% year-to-date rally, spurred by the roll out its cheaper, ad-supported plan and a crackdown […]
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Netflix earnings showcase toughness as the relaxation of the media business struggles
LOS ANGELES, CALIFORNIA – JUNE 12: CEO of Netflix Ted Sarandos attends Netflix’s FYSEE celebration for “Squid Activity” at Raleigh Studios Hollywood on June 12, 2022 in Los Angeles, California. (Image by Charley Gallay/Getty Photos for Netflix) Charley Gallay | Getty Illustrations or photos Entertainment | Getty Photos The main takeaway from Netflix‘s next quarter […]
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Netflix is about to report earnings — here’s what to count on
Sopa Pictures | Lightrocket | Getty Images Netflix studies 2nd-quarter earnings on Wednesday and investors will spend near attention to the streaming giant’s crackdown on password sharing, as well as the lately launched ad-supported tier. Analysts are predicting — and some data sources have proven — that Netflix’s subscriber base will get a increase from […]
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Netflix receives rid of most inexpensive fundamental advert-cost-free alternative in the U.S., U.K.
The Netflix emblem displayed on a cellular phone display and its web page on a laptop monitor are noticed in this photograph taken in Krakow, Poland, June 8, 2023. Jakub Porzycki | Nurphoto | Getty Pictures Netflix has gotten rid of its least expensive business-free approach in the U.S. and the U.K., in a force […]
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TikTok exams music-streaming assistance in Australia, Mexico and Singapore
TikTok Music has introduced on Wednesday in Australia, Singapore and Mexico to a compact group of customers. Jaap Arriens | Nurphoto | Getty Images TikTok is launching its membership-based tunes streaming support in Australia, Mexico and Singapore to a smaller team of test buyers on Wednesday. The expansion will come immediately after the well-known brief […]
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Most outsourced coders in India will be gone in 2 yrs because of to A.I., Security AI manager predicts
OpenAI Dall E 2 on a cell phone with an AI brain illustration viewed on the screen driving. Jonathan Raa | Nurphoto | Getty Illustrations or photos Most outsourced programmers in India will see their careers wiped out in the up coming calendar year or two, Security AI CEO Emad Mostaque claimed. Mostaque, on a […]
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The media industry is in turmoil, and that’s not changing any time soon
Striking Writers Guild of America (WGA) members walk the picket line in front of Netflix offices as SAG-AFTRA union announced it had agreed to a ‘last-minute request’ by the Alliance of Motion Picture and Television Producers for federal mediation, but it refused to again extend its existing labor contract past the 11:59 p.m. Wednesday negotiating […]
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