[ad_1] Daniel Craig returns as Benoit Blanc in “Glass Onion: A Knives Out Story.” Netflix Netflix backtracked on advertisements. Should theatrical releases be next? Some theater owners and industry analysts are wondering whether the streaming giant will rethink its resistance to the traditional Hollywood movie release model as it looks …
Read More »Buy shares of Netflix on the market’s next pullback, Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Wednesday advised investors to pick up shares of Netflix on the next market dip. “You put it on the top of your shopping list, you wait for the next pullback in the averages … and then you pull the trigger,” he said. His comments come …
Read More »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 …
Read More »JPMorgan upgrades Netflix, says shares can rally nearly 40% as streamer focuses on ad tier
[ad_1] Netflix ‘s third-quarter results and upcoming initiatives signal that the streaming giant’s revenue troubles are largely behind it, JPMorgan said. Analyst Doug Anmuth upgraded the streamer stock to overweight from neutral, saying in a note to clients Wednesday that Netflix’s foray into advertising should pay off over time. “Coming …
Read More »Why analysts say Netflix’s third-quarter results signal the start of a ‘narrative defining period’
[ad_1] Netflix ‘s subscriber turnaround in the third quarter signaled to many that the streaming giant’s troubles are behind it. But some analysts warn the company isn’t out of the woods just yet and the stock is entering a defining period. The streaming giant on Tuesday reported subscriber growth of …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »News Corp. stock up, Fox shares down as investors weigh merger
[ad_1] A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City. Alexi Rosenfeld | Getty Images Shares of News Corp. rose while Fox shares fell Monday as investors weighed the possibility of Rupert Murdoch’s media companies recombining nearly decade after …
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