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Netflix co-CEO Sarandos suggests streamer likely to present a number of ad-supported tiers
Ted Sarandos attends the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Angela Weiss | AFP | Getty Visuals Netflix is probable to offer a number of membership designs with ads in the long run, the firm’s co-Main Govt Ted Sarandos explained on Tuesday, just weeks right after the streaming […]
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David Zaslav’s top priority at Warner Bros. Discovery: Get the cash flowing again
David Zaslav Olivia Michael | CNBC A few months ago, after a lengthy and sobering review of Warner Bros. Discovery‘s business, Chief Executive David Zaslav gave his division heads a cutthroat mission. Pretend your units are family businesses, Zaslav said. Start from scratch and prioritize free cash flow, he added, according to people familiar with […]
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CNBC Pro Talks: Evercore’s Mark Mahaney finds bargains in major tech and solutions your issues
ShareShare Short article through FbShare Post through TwitterShare Post via LinkedInShare Article by using E-mail Evercore ISI analyst Mark Mahaney sat down with CNBC Pro to share the tech names he is looking at heading into 2022. He also breaks down what shares he sights in the journey place that could do effectively, even in […]
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Netflix CEO says he was slow to allow advertising because he was focused on Google and Facebook
Reed Hastings, co-founder, chairman, and co-chief executive officer of Netflix, arrives for the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S. July 6, 2021. Brian Losness | Reuters Netflix founder and co-CEO Reed Hastings said Wednesday he was slow to come around to advertising on the streaming platform because he […]
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‘Glass Onion’ could have made $200 million, but Netflix only let it play in theaters for a week
Netflix probably left hundreds of millions of dollars on the table by not keeping Rian Johnson’s “Glass Onion” in theaters. The sequel to Johnson’s critically acclaimed “Knives Out” opened in nearly 700 theaters, the largest release of any Netflix original film to date, last Wednesday ahead of the Thanksgiving holiday weekend. “Glass Onion” leaves theaters […]
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Disney is the biggest winner — and loser — at the Thanksgiving box office
This year’s Thanksgiving box office was both feast and famine for Walt Disney. While “Black Panther: Wakanda Forever” added $64 million to its domestic tally during the five-day time frame, Disney’s latest animated feature “Strange World” failed to lure in moviegoers, generating just $18.6 million between Wednesday and Sunday and a dismal $11.9 million for […]
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Jim Cramer says these 10 tech and software stocks can make a comeback
CNBC’s Jim Cramer on Tuesday named hammered tech stocks that he believes can make a comeback after the Federal Reserve finishes tightening the economy. Here is his list: Amazon Microsoft Alphabet Tesla Netflix Apple Salesforce ServiceNow Adobe Workday “Nearly all of these, save Apple, are variations on the same story — stocks that were cut […]
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Bob Iger’s return may possibly not increase Disney’s shares as sector sends combined indicators to media shares
This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, shares and current market statistics. A lethargic start out to a commonly upbeat Thanksgiving week for stocks, which are in a prolonged pause when consolidating just underneath the November highs. You can even now check out the motion as […]
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Disney board’s decision to replace Bob Chapek with Bob Iger makes everyone look bad
Bob Iger Stephen Desaulniers | CNBC The Disney board’s decision to swap out Bob Chapek for Bob Iger as the company’s CEO may be the right one for the company’s future. But the process to get to this choice makes everyone involved look less than stellar. No sudden CEO change is easy, but the specifics […]
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Stocks making the biggest moves midday: Walmart, Taiwan Semiconductor, Netflix, Carnival and more
Bing Guan | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall Street’s expectations and raising its forward guidance. The company reported adjusted earnings per share of $1.50 on $152.81 billion in revenue, where […]
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