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Netflix Testing Theatrical Model With 'Army Of The Dead'
Friday, May 14, 2021 - 1:14pm | 509Read More...In a tale of the times for the post-pandemic world, movie theaters are welcoming back customers. The shift to streaming platforms by many of the largest entertainment companies has left theaters without their normal slate of blockbusters. Enter Netflix Inc (NASDAQ: NFLX). What Happened: “Army...
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Walt Disney's Stock Falls On Revenue Miss, Slower Disney+ Subscriber Growth
Thursday, May 13, 2021 - 4:39pm | 327Read More...Walt Disney Co (NYSE: DIS) reported second-quarter earnings after market close Thursday. What Happened: Disney's revenue in the quarter was $15.6 billion, a year-over-year decline of 13%. The revenue figure came in lower than estimates of $15.9 billion. The company reported adjusted...
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Wakanda Forever: New Marvel Movies, Titles And Dates Announced For Phase 4
Monday, May 3, 2021 - 6:56pm | 669Read More...A movie trailer released by Walt Disney Co (NYSE: DIS) and Marvel on Monday highlighted the upcoming slate of titles in Phase 4 of the Marvel Cinematic Universe. What Happened: The trailer featured footage from old Marvel movies with a voiceover by Marvel visionary Stan Lee. “I love...
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'Captain America 4' Could Be In Works: What Investors Should Know
Sunday, April 25, 2021 - 9:28am | 602Read More...One of the most well-known comic book characters and highest-grossing box office movie franchises looks to be getting a new film. What Happened: "Captain America" could be returning to the big screen soon, with The Hollywood Reporter revealing that a fourth film is in the works. The...
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Why Did Netflix, Disney Apps Download Rates Take A Big Hit In March?
Monday, April 5, 2021 - 4:20pm | 557Read More...Over-the-top streaming stocks have been huge in the past year as a social distancing and shelter-in-home environment drove a sharp rise in subscriber growth and engagement. But, the latest batch of monthly app download data highlights just how difficult year-over-year comps will be for popular...
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Disney's Stock Hits All-Time High Amid Vaccine Rollout, Star Debut
Wednesday, February 24, 2021 - 3:34pm | 467Read More...Walt Disney Co's (NYSE: DIS) stock reached an all-time high of $200.60 Wednesday morning behind encouraging news of the global vaccine rollout and a new streaming channel hitting Europe. What's Going On With Parks: Pfizer Inc. (NYSE: PFE) Moderna Inc. (NASDAQ: MRNA) and Johnson &...
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What We Know About Star, Disney's Adult-Oriented Streaming Channel
Friday, February 19, 2021 - 9:00am | 604Read More...Disney+ has been one of the top streaming services in terms of subscriber growth. The platform may have another trick up its sleeve to gain more subscribers with adult-oriented content coming to the platform soon. What To Know: Walt Disney Co (NYSE: DIS) is planning to launch Star, a...
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Disney+ Has 100M Subscribers In Close Sight As Company Beats Q1 Estimates
Thursday, February 11, 2021 - 5:20pm | 231Read More...Walt Disney Co (NYSE: DIS) reported quarterly earnings of 32 cents per share, which may not compare to the analyst consensus estimate of a 41-cent loss. This is a 79.08% decrease over earnings of $1.53 per share from the same period last year. The company reported quarterly sales of $16.25 billion...
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Magnite Set To Acquire SpotX In $1.17B Deal To Create Largest Independent Video Advertising Platform
Friday, February 5, 2021 - 10:02am | 325Read More...Magnite Inc (NASDAQ: MGNI) is acquiring global video ad serving platform SpotX from RTL Group for a $1.17 billion purchase price to become a powerful CTV and video advertising platform. The purchase price includes $560 million in cash, 14 million shares, and debt financing...
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Disney+ Hits 86.8M Subs, Stock Hits New 52-Week Highs: Key Takeaways Of Investor Presentation
Thursday, December 10, 2020 - 8:44pm | 610Read More...Walt Disney Co (NYSE: DIS) hosted its Investor Day 2020 on Thursday. Disney+ Update: Disney’s streaming platform Disney+ hit 86.8 million subscribers. The streaming platform will add something new every week with dozens of branded series heading to the streaming platform. “Over the...
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Discovery+ Streaming Platform Could Win Big With Strong Brand, Content Library
Wednesday, December 2, 2020 - 4:54pm | 640Read More...Discovery Communications (NASDAQ: DISCA) unveiled a direct-to-consumer streaming offering Wednesday. What Happened: The streaming platform from Discovery will launch in the U.S. on Jan. 4, with price points of $4.99 per month or $6.99 per month for an ad-free version....
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2 Catalysts That Could Boost Disney+ Subscribers
Tuesday, November 24, 2020 - 6:02pm | 567Read More...Walt Disney Co (NYSE: DIS) ended the last fiscal year with 73.7 million paid subscribers for its Disney+ streaming platform. Growth could continue with two upcoming catalysts. What Happened: CEO Bob Chapek announced plans earlier this year to offer more adult content to Disney streaming customers...
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Walt Disney Analysts Bullish As Disney+ Gains Ground On Netflix
Friday, November 13, 2020 - 1:50pm | 653Read More...Walt Disney Co (NYSE: DIS) shares gained 2.4% on Friday after the company reported a better-than-expected earnings loss in the third quarter and said its Disney+ streaming service now has more than 73 million paid subscribers. Disney reported an adjusted third-quarter EPS loss of 20 cents, beating...
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Disney CEO Bob Chapek On Reorganization Shift: 'Catalyze Growth Even Further'
Friday, November 13, 2020 - 10:58am | 376Read More...Walt Disney Co (NYSE: DIS) designed a strategic organization to accelerate its transition to a "real direct-to-consumer priority company, CEO Bob Chapek said Thursday afternoon on CNBC's "Closing Bell." Strategic Reorganization: Disney announced a strategic reorganization of its...
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Disney's Stock Rips On Q4 Sales Beat, 73.7M Streaming Subscribers
Thursday, November 12, 2020 - 5:36pm | 464Read More...Walt Disney Co (NYSE: DIS) reported fourth-quarter earnings, which saw a continued impact from the COVID-19 pandemic hitting several lines of the business. Earnings: Revenue for Disney was $14.71 billion in the fourth quarter, which beat the street consensus of $14.2 billion. The company...
