Streaming wars: Netflix is using its profitability to their advantage

On the other side of the streaming wars, we have Netflix. Netflix and Disney have been neck and neck as the largest streaming service. Disney took the lead earlier this year before Netflix reclaimed the throne. But Disney’s fast growth had come at a high cost: profits. And at the worst possible time, too. Netflix…

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Bob Iger (The Magic) returns to Disney, replacing Bob Chapek as CEO

Xmas came early for Disney investors. Disney’s beloved Bob Iger is returning as CEO after “retiring” just 33 months ago. How big is the news? One analyst compared this to the return of Steve Jobs at Apple. Chapek wasn’t a crowd-pleaser In 2020, Bob Chapek (handpicked by Iger) replaced Bob Iger as Disney’s CEO. But…

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Warner Bros Discovery’s CEO channeling King Joffrey’s madness

HBO had its biggest first season, new series debut with the release of House of the Dragon — drawing in nearly 10M viewers. Still, the debut was short of the final season premiere of Game of Thrones — which brought in 17.9M viewers. House Warner: It’s a much-needed victory for HBO’s parent company Warner Bros…

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Formula One Group: F1 viewership soars, but its stock poses risks for investors

Interest in Formula 1 — the world’s most popular racing series — has skyrocketed in recent years. Formula One Group (NASDAQ:FWONA) — which oversees development and promotion — is raking in the sponsors. Bringing Formula One back to life F1 viewership had been falling fast since 2008. Then Liberty One Media acquired Formula One in…

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Netflix is dealing with a big unsubscribe problem, but one analyst has a different view

Netflix disrupted TV with a streaming service that offered zero ads and practically invented binging with full-season releases. But desperate times call for desperate measures — even if that means going against your core beliefs and backtracking those decisions. Netflix has a big unsubscribe problem… By the end of April, 23% of new Netflix subscribers…

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World Wide Entertainment stock in question over misconduct scandal

We all knew WWE matches were staged, but they were still entertaining as hell. The real theatrics were behind the scenes, though. Misconduct allegations have emerged on CEO Vince McMahon — and the story got even wilder this week… McMahons keeping WWE in the family WWE has largely stayed a family business since McMahon bought…

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Netflix’s advertising plans could benefit adtech stocks

Netflix plans to launch its ad-supported tier by the end of 2022, and to get there, it’s reportedly looking for an advertising partner that could reduce the investment and time needed. This has led to wild acquisition and partnership rumors in recent weeks. Insider surfaced rumors of a potential Roku (NASDAQ:ROKU) acquisition by Netflix —…

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Rumors: Roku employees manifesting a Netflix acquisition

Rumors are swirling among employees at streaming service provider Roku (NASDAQ:ROKU) about a potential acquisition by Netflix (Insider). The speculation was enough to send Roku’s stock up 9% yesterday. What’s the big deal? Netflix is moving into ads — and Roku has the team and experience to do that. In the first quarter, Roku made…

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What does Warren Buffett see in Paramount Global?

Every media giant’s playbook: grow through mergers and acquisitions (M&A), expand the content library and launch a streaming service. 2022 is proving to be a poor time to enter the industry — with the death of CNN+ and the implosion of Netflix’s stock. Despite the risks, the industry has caught the attention of one well-known…

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Warner Bros Discovery rides tough streaming market

Warner Bros Discovery (NASDAQ:WBD) started its first month as its own publicly-traded company in a highly unfavorable market for streamers. $WBD fell 7.7% after reporting earnings yesterday — lowering its 2022 earnings forecast. What’s the big deal? Warner Bros Discovery is the product of a merger between media giants WarnerMedia and Discovery, Inc. — which…

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