Tag: Entertainment Content

Netflix shares fell 9% in extended trading on Thursday after the streaming giant released its first-quarter earnings report and announced a key governance change.

 Investors will look for Netflix (NFLX) to emphasize content spending and ad business growth as key ​drivers when it reports quarterly earnings on Thursday, marking ‌the streaming giant’s first results since its failed bid for Warner Bros Discovery.

Walt Disney (DIS) is planning to cut more jobs—but new CEO Josh D’Amaro will need to take bigger swings than that to turn the entertainment giant’s long-suffering stock around.

Bill Ackman’s Pershing Square Capital has offered to buy Universal Music Group in a deal that values the world’s largest music company at about €55bn and would shift its listing from Amsterdam to New York.

Universal Pictures and Nintendo notched the biggest box office weekend of the year with The Super Mario Galaxy Movie, which claimed the top spot with an estimated $372.5 million in global ticket sales through Sunday.

The company’s ad-supported plan is now $8.99 a month, up from $7.99; the standard plan is now $19.99 a month, up from $17.99; and its premium plan is now $26.99, up from $24.99.

H Alter Ego Media και η Motor Oil Hellas κατέληξαν σε συμφωνία για την απόκτηση ποσοστού 33,3% -έκαστη- στην εταιρεία που θα αναλάβει τη διαχείριση και λειτουργία της συνδρομητικής πλατφόρμας ANTI+.

Tencent on Wednesday reported full-year revenue that topped analyst predictions, as the Chinese tech giant continues to ramp up investments in AI.

Tencent Music Entertainment Group (TME) on Tuesday reported fourth quarter results that missed earnings expectations while revenue exceeded analyst estimates, as the company’s online music services continued to drive growth.

Paramount Skydance has triumphed in its months-long campaign to scupper Netflix’s deal to buy Warner Bros Discovery, after its $111bn bid for the Hollywood studio drove the streaming giant to walk away.

Nintendo plans an unwinding of strategic shareholdings that would see companies including MUFG Bank and the Bank of Kyoto selling shares of the “Super Mario” maker, according to three sources familiar with the situation.

Warner Bros. Discovery has logged higher-than-anticipated fourth-quarter income, with the Hollywood stalwart saying it is “well positioned” to deliver long-term success as it considers rival takeover bids from Paramount Skydance and Netflix.

Warner Bros. Discovery on Tuesday said it had received a higher takeover offer from Paramount Skydance and will review the new bid under the terms of its existing deal with Netflix.

Warner Bros. Discovery (WBD) is reopening talks with Paramount Skydance, giving the CBS owner seven days to submit its best and final offer.

ByteDance will take steps to prevent the unauthorised use of intellectual property on its AI video generator Seedance 2.0, the Chinese technology firm said on Monday, following threats of legal action from U.S. studios, including Disney (DIS).

NetEase shares fell more than 4% in U.S. premarket trading Wednesday after the company reported fourth-quarter results that missed expectations on both earnings and revenue.

T-Mobile added fewer wireless subscribers in the fourth quarter than analysts had expected, as rivals extended ⁠aggressive deals and offers to lure customers.

Activist investor Ancora Holdings has built a stake in Warner Bros Discovery (WBD) and plans to oppose the media company’s deal with Netflix for its studios and streaming assets, in the latest twist to the heated Hollywood takeover battle.

Disney has named Josh D’Amaro, chairman of Disney Experiences, as its next CEO, succeeding Bob Iger and clinching a closely watched succession race at the Mouse House.

Walt Disney (DIS) stock was rising early Monday after the company beat expectations for its first-quarter results with strong income from its streaming unit.