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Bloomberg29d agobullish
Disney Exiting Streaming Could Spur 40% Rally, Wells Fargo Says

(Bloomberg) -- Walt Disney Co. shares have been in a slump for years, but Wells Fargo Securities said there’s one possible move that could reverse the trend: ditching its streaming-video business.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Bot

Media Deals: Great for Bankers, Usually Not for You
The Wall Street Journal29d agoneutral
Media Deals: Great for Bankers, Usually Not for You

​📈 Follow our live markets data and coverage. Only slightly less known is that you really shouldn’t invest alongside media deals. News organizations devote way less space to mergers, acquisitions or spinoffs involving toilet paper, paint or breakfast cereal.

Investing.com32d agoneutral
Netflix report flags concerns over subscriber engagement

Investing.com -- Netflix is exploring live TV channels and streaming bundles as internal discussions about declining subscriber engagement have become a recurring focus for senior management, according to the Wall Street Journal on Friday.

Netflix Is Exploring Live TV and Bundles as It Struggles to Keep Viewers Hooked
The Wall Street Journal33d agoneutral
Netflix Is Exploring Live TV and Bundles as It Struggles to Keep Viewers Hooked

Top Netflix executives who gathered for its annual business review this spring had a lot to be cheerful about. At the time, it was a small part of a conversation about the company’s goals, but it has since become a frequent topic of discussion at meetings, people familiar with the matter said. Engagement, which measures how long people spend watching content and how frequently they finish a movie or series, is the holy grail in modern Hollywood.

Netflix heads into Q2 earnings as Jefferies sees limited upside catalyst
Proactive33d agoneutral
Netflix heads into Q2 earnings as Jefferies sees limited upside catalyst

Netflix Inc (NASDAQ:NFLX, XETRA:NFC) heads into its second quarter earnings report with Jefferies reiterating its ‘Buy’ rating and $110 price target, while writing that it sees limited scope for a sustained near-term re-rating despite maintaining a positive long-term outlook on the streaming...

Netflix adding lifestyle content to win viewers' attention
TheStreet34d agoneutral
Netflix adding lifestyle content to win viewers' attention

Netflix used to be the easy app. One password covered a whole family, and the hardest decision most nights was what to watch. That version of the service began disappearing in 2023, when Netflix started charging extra for accounts shared outside a single household. The password crackdown was never ...

iHeartMedia sees growing Netflix ties ahead of Q2 earnings
Proactive35d agoneutral
iHeartMedia sees growing Netflix ties ahead of Q2 earnings

iHeartMedia (NASDAQ:IHRT)'s second-quarter results are expected to come in largely in line with company guidance, Bank of America said in a note that highlighted an expanding partnership with Netflix as a bright spot for the audio company. BofA maintained its second-quarter revenue estimate...

Bloomberg35d agobearish
Behind Xbox’s Big Layoffs, a Streaming Strategy That Failed

(Bloomberg) -- Microsoft Corp.’s Xbox spent nearly $80 billion in the last decade on deals that would give it popular video game titles like Call of Duty and Skyrim, betting that gamers would flock to its Netflix-like subscription service offering hundreds of options for endless play.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaTwo Millennium Trading Pods Made About $3.7 Billion Last MonthNasdaq 100 Falls 2% in Chip-Led Rout as Oil Climbs: Markets WrapM

Hollywood director jailed for betting Netflix money on crypto
TheStreet41d agoneutral
Hollywood director jailed for betting Netflix money on crypto

A Hollywood director who took $11 million from Netflix for a science fiction series but quietly moved the money into crypto markets instead, has been sentenced to 30 months in federal prison. According to the court filing, Carl Erik Rinsch, best known for directing Keanu Reeves in the 2013 film "47 ...