Netflix, the dominant player in streaming, is expected to announce its first-quarter results on Thursday after enjoying months as a Wall Street darling. But much of the company’s past growth and success, analysts say, has come from its old, well-established business model. In recent months, Netflix has made moves to expand and even radically reinvent that business. While streaming competitors like Disney+, Hulu, Max (owned by CNN’s parent company Warner Bros. Discovery) and Peacock work to draw...
Netflix, the dominant player in streaming, is expected to announce its first-quarter results on Thursday after enjoying months as a Wall Street darling.
Netflix's financial report highlights that 9.33 million subscribers have joined the streaming service. Today, Netflix reported its first-quarter earnings report, and there is a lot for the content giant to
Netflix announced it had added 9.33 million subscribers to its streaming service worldwide in the first quarter of 2024, as it brought in $9.37 billion in revenue for that time period.
A new report claims Disney+ will add a selection of 24/7 streaming channels to its on-demand video service, similar to other streaming services that have the same kind of interface.
It's a big week for Netflix, with first quarter earnings due. Continued paid membership growth should have a big effect on the stock performance.
Company says ‘we’re off to a good start in 2024’ as net income jumps 79% to $2.3bn, beating analysts’ expectations Profits at Netflix have surged as the world’s largest streaming service added millions of new paying subscribers.The entertainment giant added 9.3 million subscribers in the latest quarter – more than expected by analysts on Wall Street – leaving it with a record 269.6 million worldwide. Continue reading
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Rep. Jerry Nadler (D-NY) and Rep. Joaquin Castro (D-TX) have fired off a letter to Disney CEO Robert Iger, Fox CEO Lachlan Murdoch and Warner Bros. Discovery CEO David Zaslav, raising many (19, to be exact) questions about their upcoming joint sports streaming service. Announced in February and on track for a fall debut, the […]
The impending sports-centric streaming joint venture from Disney/ESPN, Fox, and Warner Bros. Discovery, affectionately known as “Spulu,” has gotten the attention of Congress. On Wednesday, Rep. Jerrold Nadler (D.-NY) and Rep. Joaquin Castro (D.-Texas) sent a letter to the CEOs of those companies requesting answers about concerns over the competitive implications of the service. Nadler is the ranking
Communications services companies rose as traders hedged their bets ahead of Netflix earnings. Shares of the streaming giant fell about 1% ahead of its
Feeling bombarded with streaming service choices? This list is here to make your decision-making easier!