Netflix Inc
Netflix is preparing investors and users for more price hikes in 2024
The Netflix logo displayed on a phone screen and its website on a laptop screen are seen in this photo taken in Krakow, Poland, June 8, 2023. Jakub Porzycki | Nurphoto | Getty Images Get ready to pay more money for Netflix. You had to read down to page six of Netflix’s shareholder letter to […]
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Netflix is set to report earnings – here's what Wall Street expects
The Netflix logo is shown on one of the streaming giant’s Hollywood buildings in Los Angeles on July 12, 2023. Mike Blake | Reuters LOS ANGELES — Netflix is due to report fourth-quarter earnings after the closing bell Tuesday. The company’s performance has been an anomaly in the streaming realm. While competitors struggle to turn […]
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Dow slips 150 factors right after a batch of disappointing earnings: Live updates
A trader will work on the flooring at the New York Inventory Exchange on Dec. 4, 2023. Brendan Mcdermid | Reuters The Dow Jones Industrial Normal fell Tuesday, pulling again from history-breaking highs as traders poured by way of the latest batch of corporate earnings. The blue-chip Dow missing 160 details, or .4%, retreating under […]
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Netflix to stream WWE's Raw starting up upcoming yr in its major soar into reside enjoyment
Netflix and TKO Group Holdings explained Tuesday that the streaming platform will air WWE’s flagship software “Uncooked” starting up next yr, in Netflix’s initial significant foray into reside sports. The 10-yr deal is valued at more than $5 billion, in accordance to a firm submitting. Netflix will have the option to exit the deal after […]
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Japan's Sony terminates $10 billion merger with India's Zee
The offer, announced extra than two decades back, was perceived as essential for the survival of the corporations in a extremely aggressive market. Bloomberg | Bloomberg | Getty Pictures Japan’s Sony Group said on Monday it has sent a termination notice to Zee Leisure to call off a $10 billion merger of their Indian operations, subsequent an […]
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Here's what Wall Street wants to see from Hollywood this year
Picture Alliance | Picture Alliance | Getty Images It’s the third act of the streaming wars. That’s the time a hero, seemingly beaten and broken, rises up and saves the day. But Wall Street is worried that hero may never come for Hollywood. Legacy media companies including Disney, Warner Bros. Discovery, Comcast and Paramount Global […]
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Radio shows surprising resilience even in a rapidly changing media world
Airline passengers between flights patronize the iHeartRadio facility at Denver International Airport in Denver on Jan. 19, 2014. Robert Alexander | Archive Photos | Getty Images It’s a familiar refrain: “Legacy media is dead” — unless you’re talking about radio. Despite being one of the oldest media formats, dating back to the 1890s, radio has […]
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Startup bubble fueled by Fed's cheap money policy finally burst in 2023
Scooters take over SXSW in Austin, TX As the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride it to a nearby WeWork office, home to the hottest new crypto startup. Then came Covid. Electric scooters and coworking spaces were no longer important, […]
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Warner Bros. Discovery merger talks with Paramount Global may draw out NBCUniversal
Let’s say you have a crush on two people and you find out one of them may like you back. Do you just start dating that person, or do you find out what the other person thinks, too? That’s where Warner Bros. Discovery finds itself today. The company has held preliminary merger talks with Paramount […]
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Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
NYT Columnist Andrew Ross Sorkin and C.E.O. of The Walt Disney Company Bob Iger speak during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images It’s the most wonderful time of the year! It’s the third annual anonymous media and entertainment executive predictions […]
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