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Netflix stock jumps 10% as it boasts ad-tier growth
Business

Netflix stock jumps 10% as it boasts ad-tier growth

Sopa Images | Lightrocket | Getty Images Netflix saw its stock rise nearly 10% on Thursday after the streaming service unveiled details about its new ad-supported tier this week. The streaming service said it had 5 million monthly active users for its cheaper, ad-supported option and that 25% of its new subscribers were signing up […]

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Stocks making the biggest moves midday: Walmart, Netflix, Alibaba, Nvidia & more
Finance

Stocks making the biggest moves midday: Walmart, Netflix, Alibaba, Nvidia & more

In this article BABA NVDA TTWO CINF PACW FDX Follow your favorite stocksCREATE FREE ACCOUNT A Walmart in Atlanta, Georgia, US, on Sunday, Feb. 19, 2023. Walmart Inc.’s profit forecast for this year fell short of analyst estimates, signaling more struggles for the worlds largest retailer after it was hammered by a surge in inventory. […]

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Tiger Cub hedge fund Coatue greatly raises Significant Tech holdings, doubles down on chip stocks
World

Tiger Cub hedge fund Coatue greatly raises Significant Tech holdings, doubles down on chip stocks

Coatue Management’s Philippe Laffont substantially hiked his bets on Significant Tech in the initially quarter though doubling down on a slew of chipmakers, according to a new regulatory filing. Laffont, a person of the so-identified as Tiger Cubs who previously worked less than the late Julian Robertson at Tiger Management, disclosed in a filing on […]

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Here’s what media giants face as they try to charm advertisers this week
Business

Here’s what media giants face as they try to charm advertisers this week

Los Angeles, CA – May 02: WGA members take a selfie before heading to the picket line on the first day of their strike in front of Paramount Studios in Hollywood on May 2, 2023. The union were unable to reach a last minute-accord with the major studios on a new three-year contract to replace […]

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Netflix’s .5 billion financial commitment in Korean articles appeals to audiences around the world
World

Netflix’s $2.5 billion financial commitment in Korean articles appeals to audiences around the world

Younghee, the giant robot doll from Netflix thriller “Squid Game,” exhibited at the Olympic Park in Seoul, South Korea. “Squid Game” was a world achievement and stays Netflix’s most-watched clearly show of all time. Chung Sung-jun | Getty Pictures Netflix is shelling out $2.5 billion on Korean information and sees chances beyond the Asian region, […]

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Disney shares sink after the company reports streaming subscriber losses
Business

Disney shares sink after the company reports streaming subscriber losses

In this photo illustration, the Disney + logo is displayed on the screen of a TV on December 26, 2019 in Paris, France. Chesnot | Getty Images Disney shares are down about 9% Thursday after the company reported subscriber losses at Disney+ during the most recent quarter. The company, which posted profit and revenue for […]

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The streaming wars are above, and it is time for media to determine out what is actually next
Technology

The streaming wars are above, and it is time for media to determine out what is actually next

Robyn Beck | Afp | Getty Photos I am calling it. The Streaming Wars are around. 2019-2023. RIP. The race involving the greatest media and enjoyment providers to incorporate streaming subscribers, knowing buyers will only shell out for a restricted range of them, is finished. Certain, the contributors are even now jogging. They are just […]

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Hollywood writers’ strike halts production of ‘Stranger Things,’ ‘Severance,’ Marvel’s ‘Blade’
Business

Hollywood writers’ strike halts production of ‘Stranger Things,’ ‘Severance,’ Marvel’s ‘Blade’

Members of the Writers Guild of America (WGA) East hold signs as they walk on the picket-line outside of the Peacock NewFront on May 02, 2023 in New York City.  Michael M. Santiago | Getty Images The Writers Guild of America dropped their pencils and headed for the picket lines a week ago, and their […]

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Hollywood writers to strike, triggering Television set shutdowns amid streaming disruption
World

Hollywood writers to strike, triggering Television set shutdowns amid streaming disruption

The Writers Guild of America West offices are found in Los Angeles as Hollywood film and Television writers, who voted overwhelmingly in favour of providing union negotiators the power to get in touch with a strike if contract talks with studios break down, can purchase a perform stoppage after May perhaps 1, in Los Angeles, […]

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Microsoft is betting its foreseeable future on cloud gaming — but that’s what tripped up the Activision deal
Technology

Microsoft is betting its foreseeable future on cloud gaming — but that’s what tripped up the Activision deal

Microsoft has invested enormous quantities of cash and time into building cloud gaming a core element of its gaming providing. Peter Summers | Getty Pictures When Microsoft announced its provide to get Activision Blizzard for $68.7 billion, it marked a person of the most important acquisitions in movie recreation historical past — and the major-ever […]

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