Tag Archives: Media

What Netflix’s earnings beat tells us about Club holding Disney

[ad_1] Investors in Club holding Disney (DIS) appear to have been encouraged by streaming competitor Netflix ‘s (NFLX) better-than-expected third-quarter results Wednesday — a sentiment that’s not misguided, but requires some context. Disney shares were outperforming the broader market Wednesday, rising about 0.7%, to roughly $99 per share, while the …

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Fanatics hires finance chief for sports-betting division before launch

[ad_1] Andrea Ellis has been appointed CFO of Fanatics Betting & Gaming. Source: Fanatics Fanatics is getting one step closer to launching its highly anticipated sports-gambling division, nearly five years after the Supreme Court overturned the rule preventing states from legalizing bets on sporting events. The sports platform and e-commerce …

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Focus on revenue, profit, not subscriber adds

[ad_1] Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argument with several pointed comments in its quarterly shareholder letter. The world’s largest streamer said it will …

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NFL Black Friday game coming to Amazon in 2023

[ad_1] Kansas City Chiefs tight end Travis Kelce (87) runs the ball in for a touchdown against the Tampa Bay Buccaneers during the first quarter at Raymond James Stadium, Oct. 2, 2022. Kim Klement | USA Today Sports | Reuters Amazon will stream the first ever Black Friday NFL game …

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Semafor debuts in tough media environment

[ad_1] Ben Smith, left, and Justin Smith Source: Semafor Semafor, a new digital media company with a focus on global news for college educated readers, debuted Tuesday with intentions to bring transparency and clarity to a news business its co-founders believe has become too polarized. Semafor has been preparing for …

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