Warner Bros Discovery Inc
Netflix’s message to shareholders: Focus on revenue and profit, not subscriber adds
Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argument with several pointed comments in its quarterly shareholder letter. The world’s largest streamer said it will stop forecasting paid subscriber adds. The […]
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Cramer’s lightning round: Wait for Texas Roadhouse to come down
Warner Bros Discovery Inc: “I can’t. I like profitable companies with good balance sheets. That is the definition of not that.” Veru Inc: “A lot of people bet against it, so it could be a very binary, up big, down big situation.” Texas Roadhouse Inc: “We have to wait for that one to come down, […]
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AMC Entertainment struggles with falling stock, high debt load and light blockbuster schedule
The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment hit a new 52-week low Wednesday as the movie theater company contends with a massive debt load, dilution of its stock and a film release schedule short on […]
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Showtime chief’s departure signals Paramount is moving forward on its plan to merge streaming services
Damian Lewis as Bobby Axelrod in the original series “BILLIONS” airing on Showtime. Jeff Neumann/SHOWTIME Paramount Global executive David Nevins, who has run the premium network Showtime since 2016, is leaving the company at the end of year. Along with his departure, Paramount Global is restructuring Showtime in ways that could give the company flexibility […]
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New York Comic Con tries to get back to normal in a world changed by Covid
Cosplayers dressed in Mandalorian armor and Black Widow pose for a photo during Day 4 of New York Comic Con 2021 at Jacob Javits Center on October 10, 2021 in New York City. ( Bryan Bedder | Getty Images NEW YORK – New York Comic Con isn’t quite what it was before the pandemic. But […]
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Streaming bundles are forming, but really don’t be expecting a cable Tv-like offer any time soon
The Disney+ website on a laptop laptop or computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Photos A contradiction is establishing in the world of streaming media, and it revolves around bundling. There is certainly a consistent drumbeat of expectation that streaming companies […]
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NBCUniversal CEO Jeff Shell says movie business is ‘better economically’ with new release model
CEO of NBC Jeff Shell arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. After a year hiatus due to the COVID-19 pandemic the world’s most wealthy and powerful businesspeople from the media, finance, and technology will converge at the Sun Valley Resort for the exclusive week-long […]
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Paramount’s peak earnings growth is likely in the past, Wells Fargo says in downgrade
Wells Fargo is shifting its perspective on Paramount , believing the entertainment company may have surpassed its peak earnings growth. “The transition to streaming appears to be the right one, but earnings might need another structural reset lower, even after streaming loses abate,” wrote analyst Steven Cahall in a note to clients Tuesday. “We don’t […]
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Stocks earning the most significant moves premarket: Apple, CarMax, Mattress Bath & Over and above and far more
In this write-up AAPL KMX BBBY RAD Adhere to your most loved sharesBuild No cost ACCOUNT check out now Online video1:4001:40 Information Update – Pre-Marketplaces Information Briefing Verify out the firms producing headlines just before the bell: Apple (AAPL) – Apple lost 2.2% in the premarket soon after BofA Securities downgraded it to neutral from […]
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How Netflix lost its edge over the competition
Over the past 25 years, Netflix has changed the film and television landscape. The company has amassed nearly 221 million subscribers across 190 countries, billions of hours watched for popular series like “Stranger Things,” and along the way has racked up 226 awards. Since going public in 2002, the company and its subscription-based business model […]
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