Paramount Global
S&P 500, Nasdaq futures fall as Netflix shares tank on disappointing results, outlook
Stock futures dipped in overnight trading as investors digested disappointing Netflix earnings and looked ahead to a new batch of companies set to report Wednesday. Futures on the Dow Jones Industrial Average fell 40 points. or 0.12%. S&P 500 futures dipped 0.4% and Nasdaq 100 futures sank 0.9%. Shares of Netflix plummeted 25% in extended […]
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Stocks making the biggest moves after hours: Netflix, IBM, Disney and more
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Check out the companies making headlines after the bell: Netflix — Shares of the streaming giant plummeted 25% after reporting a loss of 200,000 subscribers in the first quarter. It marked the first time Netflix reported a loss in subscribers in […]
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Netflix estimates 100 million households are sharing passwords and suggests a global crackdown is coming
Reed Hastings, CEO of Netflix, attends a press conference in Mexico City, Mexico. Hector Vivas | Getty Images Today could be a dark day for your ex-boyfriend’s brother. Netflix, the world’s largest streaming video company, warned a global crackdown on password sharing is coming. It seems like a serious warning this time, and it could […]
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Amazon has a new name for its free streaming TV service
Smith Collection/Gado | Archive Photos | Getty Images Amazon jumped into the ad-supported video streaming market three years ago with IMDb TV. Later this month, that product will have a new name. On April 27, IMDb TV will become Amazon Freevee, a name the company said better reflects the free nature of the service. The […]
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All eyes are on ‘Sonic 2’ as movie theater owners hope families will finally return to cinemas
Hollywood is keeping its eyes on a speedy blue hedgehog this weekend. Paramount’s “Sonic the Hedgehog 2” is the first major family-friendly film released in theaters this year and is expected to signal if this highly sought after demographic is finally ready to return to multiplexes en masse. The movie’s early box office returns are […]
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UFC, Formula 1 and WWE could be the next acquisition targets for streaming giants
(L-R) Conor McGregor of Ireland punches Dustin Poirier in a lightweight fight during the UFC 257 event inside Etihad Arena on UFC Fight Island on January 23, 2021 in Abu Dhabi, United Arab Emirates. Chris Unger | UFC | Getty Images In 2016, before Ultimate Fighting Championship sold for $4 billion to the company that […]
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Disney’s networks among outlets that will air new PSA featuring trans teen
Disney employee Nicholas Maldonado holds a sign while protesting outside of Walt Disney World on March 22, 2022 in Orlando, Florida. Employees are staging a company-wide walkout today to protest Walt Disney Co.’s response to controversial legislation passed in Florida known as the “Don’t Say Gay” bill. Octavio Jones | Getty Images News | Getty […]
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