Comcast Corp Chief Executive Brian Roberts used the unusually public forum of a Goldman Sachs Communacopia + Technology Conference on Wednesday to signal that the company will seek market value for its minority stake in Hulu.
Suriname will explore legal action against the producers of South Korea's hit Netflix series "Narco-Saints" which fosters negative images of the country by portraying it as a "narco state," its government has said.
What happened
Netflix (NASDAQ: NFLX) saw its stock price climb 2.8% on Wednesday to close at $224 per share. The streaming-service stock jumped as high as 4.6% at around 1:15 p.m. ET before settling in with a modest gain at the closing bell.
Comcast CMCSA recently announced that it is partnering with the City of Tacoma to advance digital equity in the region of South Puget Sound, as part of its Project UP.Project UP is Comcast’s mission of investing $1 billion in various initiatives to reach tens of millions
Netflix Inc expects its upcoming ad-supported subscription plan to reach about 40 million viewers worldwide by the third quarter of 2023, the Wall Street Journal reported on Wednesday, citing a document shared with ad buyers.
Netflix (NASDAQ: NFLX) is gearing up to launch a more economical ad-based version of its popular streaming service in the coming months. Wall Street can't seem to agree if the move will be a success.
Wall Street got routed on Tuesday in its biggest one-day drop since Jun 11, 2020. The market snapped a four-day winning streak and stocks plummeted with the emergence of higher-than-expected inflation numbers. Investors remain apprehensive that the Fed’s monetary policy t
Netflix (NASDAQ: NFLX) has been struggling over the past year. Since the company reported a subscriber loss for the first time in more than 10 years, growth investors have been dumping the streaming stock. Year to date, its shares are now down 63% compared to the S&P 500's de
Netflix (NASDAQ:NFLX) is doubling down on its plans to offer ad-supported plans after two straight quarters of subscriber losses. The success of the new plan will be important for Netflix, as it needs to bolster subscriber additions and monetization in order to fund its mas
Stocks were crushed Tuesday as the latest inflation update showed consumer prices remained elevated in August – dashing hopes that price pressures had peaked.
What happened
Shares of Peloton Interactive (NASDAQ: PTON) were down 9.6% as of 1:20 p.m. ET on Tuesday. There was a lot of news from Peloton today, in addition to more bad news on the economy that sent just about everything down today. For context, the S&P 500 index was down
What happened
Shares of Adobe (NASDAQ: ADBE), Meta Platforms (NASDAQ: META), and Netflix (NASDAQ: NFLX) were all tumbling today after the latest U.S. Bureau of Labor Statistics report showed that inflation increased faster than expected in August.
Apple’s AAPL shares increased 3.85% to close at $163.43 on Sep 12, following strong pre-order data for its latest iPhone 14 devices, particularly the iPhone Pro Max. Per Bloomberg data, this was Apple’s biggest one-day gain since May 27.Apple unveiled four new iPhone mode
Three months ago, rumor had it that Netflix (NASDAQ: NFLX) was about to launch a buyout bid for Roku (NASDAQ: ROKU). Fueled by this chatter, Roku's stock price rose nearly 18% in three days. When the buyout talk faded out, Roku shares lost that gain and much more over the next th
Prosiebensat 1 Media SE has revised lower its 2022 core earnings outlook after acquiring the remaining 50% of shares in streaming service Joyn from Warner Bros. Discovery, the German media company said on Tuesday.
The dysfunctional dynasty of "Succession," the teen drama "Euphoria" and a comedy series set in the fictional White Lotus resort helped propel HBO to the top of the Emmy Awards heap Monday, surpassing streaming rival Netflix Inc.
Hollywood stars gathered on Monday to toast the best of television at the annual Emmy awards, where back-stabbing drama "Succession" will battle South Korean sensation "Squid Game" for the top prize.
Peloton Interactive Inc said on Monday co-founder John Foley would step down from his role as the fitness equipment maker's executive chair "to start a new professional chapter", effective Sept. 12.
Peloton Interactive Inc said on Monday co-founder John Foley would step down from his role as the fitness equipment maker's executive chair "to start a new professional chapter", effective Sept. 12.
Netflix NFLX recently announced that it has inked a partnership with Ubisoft, under which, three mobile games will be developed exclusively for its users. The games based on the Valiant Hearts, Mighty Quest and Assassin's Creed franchises will be available beginning in 20