Tag: Entertainment Content

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

Comcast down pointing triangle reported a lower profit in the second quarter, but narrowed subscriber losses in its domestic residential-broadband business for the second quarter in a row.

Theater chain AMC Entertainment, posted a surprise second-quarter adjusted profit and record ​revenue that beat Wall Street expectations, ‌as blockbuster titles like “The Super Mario Galaxy Movie” and “Obsession” boosted ticket sales.

Η Alter Ego Media ανακοίνωσε την κάλυψη της αύξησης του μετοχικού κεφαλαίου της, η οποία πραγματοποιήθηκε μέσω του προγράμματος επανεπένδυσης του μερίσματος της οικονομικής χρήσης 2025.

Netflix reported second-quarter revenue and earnings that were roughly in line with analyst estimates on Thursday as Wall Street is keeping a close eye on the company’s advertising and engagement metrics.

Η Pantelakis Securities αναβαθμίζει την τιμή-στόχο για τη μετοχή της Alter Ego Media στα 7,50 ευρώ, από 6,90 ευρώ προηγουμένως, διατηρώντας τη σύσταση «overweight», καθώς βλέπει σημαντικά περιθώρια ανάπτυξης, με βασικό μοχλό την επέκταση στον κλάδο του live entertainment.