Tag: Entertainment Content

Roblox Corp. reported third-quarter users that missed analysts’ expectations amid questions about whether a new hit game could reverse a recent slowdown in user engagement triggered by more robust child-safety measures.

Netflix’s cut to ​its advertising sales forecast is fuelling concerns that its growth engine is losing steam, threatening the ‌edge that made it a model for the media industry.

Comcast beat Wall Street’s expectations for third-quarter earnings — despite headwinds in its theme parks business — thanks to continued strength in its media unit. 

ByteDance, Alibaba and Tencent have ordered more than 3 million of Nvidia’s new RTX PRO 5500 graphics cards with a collective sticker price of over $35 billion, two people familiar with the matter said, in a ​rush for a less powerful but export-compliant chip amid US restrictions on trade with China.

Shares of Hybe, the company behind K-pop supergroup BTS, surged 10% on Friday as investors weighed an upbeat third-quarter earnings outlook fueled by its artistes’ global concerts.

Netflix is planning to cut about 5% of ​its workforce, with an announcement ‌expected as early as next week, Puck News reported on Friday, ​citing people familiar with ​the matter.

Tencent Holdings may sell offshore bonds worth up to $5 billion, Bloomberg reported, citing people with knowledge of the plans. The bonds would likely be issued in U.S. dollars and offshore yuan, and a transaction could arrive within weeks, Bloomberg said.

Chinese AI startup DeepSeek is set to raise more than 80 billion yuan ($11.93 billion) in its latest funding round, said ​one person with knowledge of the matter, as the firm ‌builds up a war chest of capital ahead of a domestic IPO.

The $110 billion merger of Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) closed on Tuesday after Supreme Court Justice Elena Kagan denied a last-minute effort to halt the deal.

Oracle’s stock has been on the decline this year, but its new reported deal with China’s Tencent could come as a positive signal for investors.

Μεγάλη αύξηση της κερδοφορίας, σε συνδυασμό με ισχυρή ανάπτυξη των εσόδων, κατέγραψε η Alter Ego Media στο πρώτο εξάμηνο του 2026, καθώς αρχίζει να αποτυπώνεται στα οικονομικά μεγέθη του Ομίλου η σταδιακή ωρίμανση των επενδύσεων.

Shares of Paramount Skydance Corp and Warner Bros. Discovery climbed after the Wall Street Journal reported Sunday that Paramount and California’s attorney general have made progress in settlement talks over the company’s proposed $81 billion merger with Warner Bros. 

The stock dropped 4.9% to $71.64 on Friday. It was already down about 20% for the year through Thursday’s close. The catalyst for the selloff was a downgrade. Wells Fargo analyst Steven Cahall lowered his rating for Netflix to Underweight and slashed his price target to $57 from $80.

Nintendo shares closed 7% higher in Japan on Friday after it revealed sales of “Pokémon Pokopia” surpassed 5 million units on its flagship Switch 2 console.

Tencent on Wednesday posted a surge in spending in the second quarter, with executives touting the potential of “superior” returns on the company’s investment in China’s cut-throat AI market.

Take-Two Interactive Software delivered a solid start to its fiscal year, but a cautious outlook for upcoming quarters caused investors to pump the brakes.

Warner Bros. Discovery on Thursday said it saw record-breaking revenue growth in its streaming segment, anchored by HBO Max, ahead of increased scrutiny over its proposed merger with Paramount Skydance

Walt Disney stock was rising on Wednesday after Toy Story 5 and a surge in theme-park footfall helped the entertainment company to beat analysts’ third-quarter earnings target.

Shares of Roblox tumbled Friday as Wall Street responded harshly to the videogame company’s quarterly guidance that forecasts declining bookings and slowing revenue growth.

Potential impact of AI-generated songs also weighs on the world’s largest music group