SVOD

Three Netflix Inc (NASDAQ: NFLX) engineers and two others were charged by the U.S. Securities and Exchange Commission with insider trading on Wednesday. What Happened: The SEC said in a statement that the three Netflix engineers and two close associates generated over $3 million in total...

Viu is now Southeast Asia’s second largest streaming video-on-demand service by paid subscribers, just behind the Walt Disney Co’s (NYSE: DIS) Disney+ and ahead of Netflix Inc (NASDAQ: NFLX), Bloomberg News reported on Monday, citing research firm Media Partners Asia....

Ontario Teachers’ Pension Plan has significantly raised its exposure in Netflix Inc (NASDAQ: NFLX), Microsoft Corp (NASDAQ: MSFT) and Walt Disney Co (NYSE: DIS), regulatory filings revealed on Friday. What Happened: The largest Canadian investment management firm with $221.2 billion in...

Walt Disney Co (NYSE: DIS) CEO Bob Chapek touched on the global expansion plans for the company’s subscription video-on-demand business on Thursday. What Happened: At the company’s third-quarter earnings call, Chapek revealed that the launch of Disney+ in Eastern Europe has been delayed...

The Walt Disney Co (NYSE: DIS) CEO Bob Chapek said at the company’s third-quarter earnings call that the entertainment behemoth has “figured out ways to fairly compensate” talent irrespective of the business model. What Happened: Chapek’s comments assume importance in the...

One of Cathie Wood-led Ark Invest's key exchange traded funds on Wednesday nearly trimmed all of its exposure to Netflix Inc (NASDAQ: NFLX) as it sold 1,627 shares, estimated to be worth about $833,674, in the online video streaming service. Netflix shares closed 0.67% lower...

Cathie Wood-led Ark Invest on Tuesday further reduced its exposure in Netflix Inc (NASDAQ: NFLX) by about 71% as it shed 75,109 shares — estimated to be worth about $38.74 million — in the streaming video-on-demand service provider.  Netflix shares closed 0.79% lower at $...

Apple Inc (NASDAQ: AAPL) and Netflix Inc’s (NASDAQ: NFLX) are engaged in a bidding war to grab a deal for an upcoming Oscar-winner project starring Jennifer Lawrence, according to a report by Variety.  What Happened: The streaming service providers are trying to land the deal...

Cathie Wood-led Ark Invest on Monday reduced its exposure in Netflix Inc (NASDAQ: NFLX) by 12.3%, as it shed 14,762 shares — estimated to be worth about $7.68 million — in the online video streaming service. Netflix shares, which have slipped 3.4% so far this year, closed marginally...

Activist investor Dan Loeb noted that the combined strength of Walt Disney Co.’s (NYSE: DIS) various sports, general entertainment, and blockbuster franchises remains “unparalleled” in the global media industry. What Happened: In a letter to investors of his hedge fund Third Point...

Cathie Wood-led Ark Invest on Friday shed another 127,800 shares, estimated to be worth about $35.16 million, in Square Inc (NYSE: SQ), booking more profits as the stock recorded a 10% weekly gain. SQ shares closed 2.38% lower at $275.10 on Friday but surged 11.3% in the week after a solid earnings...

U.S. customers are spending more time and money streaming their favorite shows than they did six months ago, shows the latest J.D. Power survey. What Happened? The survey found monthly customer spending on streaming platforms, such as Netflix Inc (NASDAQ: NFLX), Amazon.com Inc’s (...

Cathie Wood-led Ark Investment Management on Tuesday trimmed its stake in streaming video-on-demand company Netflix Inc. (NASDAQ: NFLX) despite earlier this month spelling out a bull case for its gaming foray and loaded up some shares in pure-play gaming company Roblox Corp. (NYSE: RBLX)...

Comcast Corp (NASDAQ: CMCSA)-owned NBCUniversal drew 16.7 million U.S. viewers for the Tokyo Olympic Games opening ceremony, the lowest in 33 years, Reuters reported, citing preliminary data from the broadcaster.  What Happened: The viewership draw was from across all of NBCUniversal’s...

Netflix Inc.’s (NASDAQ: NFLX) much-anticipated foray into videogames likely puts the streaming giant on a collision course with tech giant Apple Inc. (NASDAQ: AAPL). What Happened: Netflix said Tuesday it will offer video games in its existing subscription plans at no additional cost and will...