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Federal Judge Blocks Disney, Fox, Warner Bros. Sports Venture After FuboTV Antitrust Lawsuit
Friday, August 16, 2024 - 4:23pm | 520Read More...A federal judge has halted a joint venture by media giants Walt Disney Co. (NYSE:DIS), Fox Corp. (NASDAQ:FOXA), and Warner Bros. Discovery Inc. (NASDAQ:WBD) to consolidate their sports licensing rights into a new streaming service. The decision came after a lawsuit filed by competitor Fubotv Inc (...
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Netflix Ad-Price Hike, Live Sports Seen As Keys For Growth, Says Analyst
Tuesday, August 13, 2024 - 12:34pm | 476Read More...Streaming giant Netflix Inc (NASDAQ:NFLX) has multiple drivers to help push revenue growth in 2024 and 2025, an analyst says a month after second-quarter financial results. The Netflix Analyst: JPMorgan analyst Doug Anmuth reiterated an Overweight rating and a $750 price target. The Analyst...
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Most Subscribers Will Drop Streaming Service Over 5% Price Increase, Poll Reveals
Monday, August 12, 2024 - 10:36am | 563Read More...It apparently doesn’t take much of a price hike for viewers to cancel streaming subscriptions, according to a poll taken by Benzinga. According to the survey, 54% of the 90 respondents said they would cancel a service if its price increased by 5% to 10%. About a quarter, or 24%, would say...
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Streaming Profitability And Box Office Success Tell The Tale Of A Disney Renaissance
Monday, August 12, 2024 - 9:59am | 680Read More...This week, The Walt Disney Corporation (NYSE: DIS) and Warner Bros. Discovery Inc (NASDAQ: WBD) issued their quarterly earnings and they told entirely different tales. Although quite small compared to Disney’s standards, the Mouse House reported its first ever streaming profit and a few...
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Warner Bros. Discovery's $9.1B Impairment Reflects 'State Of The Industry': CFO
Thursday, August 8, 2024 - 5:00pm | 526Read More...Warner Bros. Discovery Inc.’s (NASDAQ:WBD) colossal $9.1 billion writedown of CNN, HBO, TNT and other TV networks during the second quarter is simply a sign of the times, the company’s CFO says. What Happened: Consumers continue to abandon traditional TV for online streaming services,...
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Paramount Global Q2 Earnings Highlights: Studio Posts Revenue Miss, DTC Segment Up 13%, Closing Date For Skydance Merger
Thursday, August 8, 2024 - 4:32pm | 618Read More...Media company Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) reported second-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Paramount reported second-quarter revenue of $6.81 billion, down 11% year-over-year. The revenue total missed a Street...
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Amazon Q2 Earnings Highlights: Revenue Miss, EPS Beat, Q3 Guidance And More
Thursday, August 1, 2024 - 4:18pm | 450Read More...E-commerce giant Amazon.com Inc (NASDAQ:AMZN) reported second-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Amazon reported second-quarter net sales of $148 billion, up 10% year-over-year. The net sales missed a Street consensus estimate of $...
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Apple To Follow Netflix, Disney? Ad-Supported AppleTV+ Streaming Plan Could Launch Soon
Monday, July 29, 2024 - 10:37am | 634Read More...The battle for streaming dominance has shifted to balancing ad-free plans with ad-supported plans as companies fight to win over and keep subscribers. Apple Inc (NASDAQ:AAPL) is one of the newer companies in the streaming space and could soon be launching an ad-supported plan. What Happened: Since...
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Spotify's Q2 Results Sound Good Although It Still Does Not Have The Quality Sound Of Amazon And Apple
Wednesday, July 24, 2024 - 10:11am | 533Read More...Spotify Technologies S.A. (NYSE: SPOT) reported its second quarter results that show its turnaround efforts, including cost savings, are already bearing fruit. But with a high-resolution audio tier still in the works, Spotify is still behind Apple Inc (NASDAQ: AAPL) and Amazon.com Inc (NASDAQ: AMZN...
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Netflix's Q2 Results Showcase The Strength Of Its Leadership In Streaming
Tuesday, July 23, 2024 - 7:33am | 576Read More...Last Thursday, Netflix Inc (NASDAQ: NFLX) reported its second quarter financials, reflecting strong growth in advertising and increase in global subscribers. While the Walt Disney Company (NYSE: DIS) and Warner Bros Discovery Inc (NASDAQ: WBD) are about to launch their streaming bundle, Netflix is...
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Netflix Analysts Praise Q2 Earnings, But Are Cautious On Advertising Growth: 'Slower Than NFLX Planned'
Friday, July 19, 2024 - 1:55pm | 711Read More...Streaming giant Netflix Inc (NASDAQ:NFLX) beat revenue and earnings estimates in the second quarter, but analysts have questions over long-term subscriber growth and slower than expected advertising revenue growth seen in Thursday’s report. The Netflix Analysts: Macquarie analyst Tim Nollen...
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Netflix Q2 Earnings Highlights: Revenue Beat, EPS Beat, Advertising Revenue 'More Meaningful,' 'Squid Game' Multiplayer Game Coming
Thursday, July 18, 2024 - 4:27pm | 566Read More...Streaming giant Netflix Inc (NASDAQ:NFLX) reported second-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Netflix reported second-quarter revenue of $9.56 billion, up 16.8% year-over-year. The revenue total beat a Street consensus estimate of $...
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'Stranger Things' Creators Have New Show Coming To Netflix: What Fans Should Know
Wednesday, July 17, 2024 - 3:44pm | 516Read More...While "Stranger Things" fans eagerly await a fifth and final season on Netflix (NASDAQ:NFLX), the show’s creators have more content coming to the streaming platform. What Happened: Matt Duffer and Ross Duffer, known as the Duffer Brothers, have more content coming to Netflix, but it's not a...
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Netflix 'Continues To Enhance Monetization': Analysts Highlight Ad-Supported Growth, Future Revenue Opportunity
Tuesday, July 16, 2024 - 4:06pm | 606Read More...A second-quarter earnings update from Netflix Inc (NASDAQ:NFLX) could be all about ad-supported plan growth and future monetization, analysts say ahead of the company's July 17 report. The Netflix Analysts: Benchmark analyst Matthew Harrigan maintained a Sell rating on Netflix and raised the price...
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'Squid Game' To Get An English Remake? Netflix, Award-Winning Director Could Make It Happen: Report
Thursday, June 27, 2024 - 5:29pm | 899Read More...Streaming giant Netflix Inc (NASDAQ:NFLX) enjoyed success with the release of "Squid Game" in 2021, a hit Korean dystopian sci-fi series. The company launched a reality series of "Squid Game," has a sequel in the works and could have an English-language version coming as well. What Happened: There...
















