Netflix Inc
Netflix’s ‘KPop Demon Hunters’ seemingly smashed the box office. Here’s why it’s likely a one-off
And that’s “How It’s Done.” Netflix capitalized on its chart-topping “KPop Demon Hunters” over the weekend with a two-day theatrical release of its new sing-along version. Box office analysts spent much of Sunday trying to determine exactly how well the animated feature performed, relying on anonymous executives from rival studios and scraped data from ticket […]
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‘KPop Demon Hunters’ gives Netflix its first box-office win
Netflix appears to have its first No. 1 box-office title in the streaming company’s 18-year history thanks to the sensation of “KPop Demon Hunters.” Rival studios on Sunday estimated “KPop Demon Hunters” led all films over the weekend with $16-18 million in ticket sales. Distribution executives from three studios shared their estimates for the Netflix […]
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Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]
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Apple TV+ hikes subscription for third time in three years
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Apple is taking a cue from some of its competitors. The technology giant’s Apple TV+ monthly subscription is now $12.99, starting Thursday in the U.S. and other countries. Apple said the new price will hit current subscribers 30 days after their next renewal date. The […]
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‘Stranger Things’ creators, the Duffer Brothers, ink 4-year deal with Paramount Skydance
Matt Duffer and Ross Duffer attend “Stranger Things” and Award Presentation To The Duffer Brothers (Variety Showrunner Award) during Day 1 of the 13th SCAD TVfest on February 05, 2025 in Atlanta, Georgia. Paras Griffin | Getty Images Entertainment | Getty Images The masterminds behind the hit Netflix series “Stranger Things” have inked a new […]
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Netflix wanted to beat Disney in family animation. ‘KPop Demon Hunters’ is its best chance
“We want to beat Disney in family animation,” then Netflix CEO Reed Hastings said in an interview in September 2020. At the time, anyone would say that was a tall order. Disney has almost a century of experience of producing animated films, dating back to 1937’s “Snow White.” Since then, the studio has produced hits […]
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Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Alphabet CEO Sundar Pichai speaks at a Google I/O event in Mountain View, Calif., Tuesday, May 20, 2025. Jeff Chiu | AP Perplexity AI’s bid on Tuesday to buy Google’s Chrome browser for $34.5 billion represents a dramatic moment for the internet search giant, a week before it celebrates the 20th anniversary of its IPO. […]
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We’re upgrading our rating on Disney thanks to a misguided market reaction to earnings
Disney shares are under pressure Wednesday after the entertainment giant reported mixed quarterly results. We think it’s an opportunity. Revenue in the three months ended June 28 increased 2% year over year to $23.65 billion, missing expectations of $23.73 billion, according to LSEG. Adjusted earnings per share (EPS) in the fiscal 2025 third quarter totaled […]
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ESPN inks five-year deal for WWE’s live premium events including WrestleMania, Royal Rumble
Triple H looks on during WrestleMania 41 Saturday at Allegiant Stadium on April 19, 2025 in Las Vegas, Nevada. Georgiana Dallas | WWE | Getty Images The WWE is coming to ESPN. The Disney-controlled sports and entertainment business will pay an average of $325 million per year for five years of U.S. rights to the […]
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Media trailblazer Tom Rogers changes ‘raging bull’ stance on Netflix, sees worrisome signs
Former NBC Cable President Tom Rogers is dialing back his bullishness on Netflix. The media trailblazer, who was a self-proclaimed “raging bull” on Netflix, told CNBC’s “Fast Money” this week he’s starting to worry — and listed competition with free content on YouTube as a headwind. “[Netflix] still [has] more hit shows than all the […]
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