-
Cathie Wood's Ark Invest Purchases Nearly $17M Worth Of Roku Shares, Sells Coinbase, Robinhood Stock
Tuesday, January 2, 2024 - 10:54pm | 636On Tuesday, Cathie Wood-led Ark Invest made a significant purchase of Roku Inc (NASDAQ:ROKU) shares. This decision comes amidst a period of market volatility and recent bearish sentiments from analysts toward Roku’s revenue growth prospects. The Roku TradeArk Invest’s acquisition of...
-
'Complete And Utter Panic:' Netflix Rivals Disney, Warner, Comcast, Paramount Reportedly Ponder Possible Mergers, Cost-Cuts Over $5B Losses
Friday, December 29, 2023 - 2:33am | 843Leading American entertainment corporations such as Walt Disney Co. (NYSE:DIS), Warner Bros Discovery Inc. (NASDAQ:WBD), Comcast Corporation (NASDAQ:CMCSA), and Paramount Global (NASDAQ:PARA) are reportedly battling enormous losses from their streaming services in the face of stiff competition from...
-
Amazon's Prime Video Plans Aggressive Content Production Phase In India For 2024
Friday, December 22, 2023 - 2:30am | 460This story was first published on the Benzinga India portal. Prime Video India is preparing for a content-rich 2024, with a strong emphasis on a wide variety of fresh content. The company's country director, Sushant Sreeram, discloses that the forthcoming year will witness their most...
-
Former Fox News Host Tucker Carlson Takes On Legacy Media — And Disney, Apple, HBO — With His Own Streaming Service
Tuesday, December 12, 2023 - 5:07am | 634In a bold move, former Fox News presenter, Tucker Carlson, has branched out into the streaming landscape, launching his subscription-based streaming service. This ambitious endeavor has Carlson locking horns with industry titans including Disney, Apple, and HBO. What Happened: As Fortune ...
-
Disney In Talks With Mukesh Ambani's Reliance For Mega Indian Media Merger
Tuesday, December 12, 2023 - 3:00am | 443This story was first published on the Benzinga India portal. Walt Disney Co. (NYSE: DIS) and India's Reliance Industries Ltd are reportedly in advanced negotiations to merge their Indian media and entertainment divisions. A successful merger, spearheaded by Reliance's ...
-
Obamas-Produced 'Leave The World Behind' Tops Netflix Charts Globally, But Elon Musk Isn't Entirely Impressed
Tuesday, December 12, 2023 - 2:43am | 674Former U.S. President Barack Obama and ex-First Lady Michelle Obama have achieved a new milestone with their first hit film, “Leave the World Behind,” which was released on Dec. 8 on streaming giant Netflix Inc. (NASDAQ:NFLX). What Happened...
-
Disney CEO Bob Iger Reveals 4 Building Blocks For Reviving Mouse House: 'Move Beyond This Period Of Fixing'
Thursday, November 9, 2023 - 2:40am | 695Walt Disney Co.’s (NYSE:DIS) shares have been languishing at depressed levels as the entertainment giant grapples with economic and industry-specific challenges. Following the release of fourth-quarter results, Disney veteran Bob Iger, who was brought back to helm the company amid trying...
-
Disney's India Streaming Arm Continues To Bleed Subscribers, Spurring Talk Of Sale To Mukesh Ambani Or Gautam Adani
Thursday, November 9, 2023 - 1:43am | 389This story was first published on the Benzinga India portal. On Tuesday, Walt Disney Co (NYSE: DIS), the managing firm of Disney+ Hotstar, published its Q3 earnings report. According to the company's financial disclosures, Disney+ Hotstar, the popular streaming service in India,...
-
Disney's Crown Jewels Off-Limits: CEO Bob Iger Declares Marvel, Star Wars Won't Go to Netflix
Thursday, November 9, 2023 - 1:17am | 664After the markets closed on Wednesday, Walt Disney Company (NYSE:DIS) reported its fourth-quarter results, during which the company’s CEO, Robert Iger, made it clear that some things are just off limits for them to license competitors like Netflix Inc. (NASDAQ:...
-
AMC, Disney, Affirm Holdings, Twilio, Tesla: Why These Five Stocks Are On Investors' Radars Today
Wednesday, November 8, 2023 - 11:15pm | 757U.S. stocks saw mixed results toward the end of trading, with the Dow Jones dropping slightly by 0.12% to 34,112.27. The NASDAQ and S&P 500 both experienced marginal rises, with the NASDAQ rising by 0.08% to 13,650.41 and the S&P 500 gaining by an almost similar margin of 0.1 to 4,382.78....
-
Tim Cook Hobnobs With Martin Scorsese At Special 'Killers Of The Flower Moon' Screening As Apple Expands Into Cinematic Limelight
Friday, October 20, 2023 - 2:20am | 841Renowned filmmaker Martin Scorsese attended a special screening of his latest film, “Killers of the Flower Moon” alongside Apple Inc. (NASDAQ:AAPL) CEO Tim Cook. The highly anticipated movie, based on a true story, is set to premiere in theaters this Friday,...
-
Is Netflix A Rare Recession-Proof Stock? Analyst Says Steaming Giant Entering 2024 As 'A Cleaner Story' After Q3 Results
Thursday, October 19, 2023 - 4:45am | 461Netflix, Inc. (NASDAQ:NFLX) shares surged following the streaming giant’s robust third-quarter results, prompting analyst Justin Patterson at KeyBanc Capital Markets to jump on the bullish bandwagon after staying on the sidelines since January 2022. Ratings Upgrade Patterson upgraded...
-
Netflix Price Hike Shocks US, UK, France: How Rival Streaming Giants Are Faring
Thursday, October 19, 2023 - 1:39am | 620Netflix Inc. (NASDAQ:NFLX) has raised subscription prices for certain streaming plans in the U.S., U.K., and France, coinciding with a surge in new customer sign-ups. In the U.S., the premium ad-free plan increased by $3 per month to $22.99. U.K. subscribers also saw an increase of 2...
-
Tesla, Netflix, American Airlines, Nvidia, Roku: Why These 5 Stocks Are Trending Today?
Wednesday, October 18, 2023 - 9:07pm | 692U.S. stocks traded lower toward the end of trading, with the S&P 500 falling more than 1.3% on Wednesday to 4,314.60. The Dow traded down 0.98% to 33,665.08 while the NASDAQ fell 1.62% to 13,314.30. These are the top stocks that gained the attention of retail traders and investors throughout...
-
Is YouTube Now King Of Content? Munster Thinks Google's Video Platform Leaves Netflix In The Dust: 'That Ship Has Sailed'
Wednesday, October 11, 2023 - 3:00am | 611Deepwater Asset Management co-founder Gene Munster weighed in on whether Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG)-owned YouTube is currently the king of content amid a proliferation of online streaming. Users flocking to YouTube have put Hollywood and...