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Netflix To Automatically Cancel Unused Subscriptions
Friday, May 22, 2020 - 1:10am | 284Read More...Netflix Inc. (NASDAQ: NFLX) said on Thursday it would automatically cancel subscriptions of users who haven't watched any content on its platform for an entire year. What Happened The streaming video-on-demand service provider said it would send an email to users asking if...
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Analysts React To Joe Rogan's Spotify Deal: 'This Is Undoubtedly A Coup'
Wednesday, May 20, 2020 - 12:23pm | 599Read More...Spotify Technology SA (NYSE: SPOT) shares are up 15.8% this week after Joe Rogan announced he will be taking his popular "Joe Rogan Experience" podcast exclusively to Spotify. On Tuesday afternoon, Rogan announced that his podcast will be available on Spotify starting Sept....
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Netflix Analyst Says Falling Churn, Strong Late April Subscriber Trends Boost Hopes
Wednesday, May 13, 2020 - 10:20am | 517Read More...Netflix Inc (NASDAQ: NFLX) reported strong net subscriber adds for the first quarter, and its subscriber base is only getting better, according to an analyst at BofA Securities. The Netflix Analyst Analyst Nat Schindler maintained a Buy rating on Netflix with a $525 price target. The Netflix...
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YouTube Signs Gamer PewDiePie To Exclusive Streaming Deal
Monday, May 4, 2020 - 9:50pm | 352Read More...Alphabet Inc's (NYSE: GOOGL) (NASDAQ: GOOG) YouTube has signed an exclusive streaming deal with Felix Kjellberg, aka PewDiePie, YouTube head of gaming Ryan Wyatt announced on Monday. “YouTube has been my home for over a decade now and live streaming on the platform feels like a...
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Roku Is Well-Positioned With Or Without A Pandemic, Benchmark Says In Bullish Initiation
Wednesday, April 29, 2020 - 12:12pm | 375Read More...Although shares of Roku Inc (NASDAQ: ROKU) offer less near-term upside, the company is likely to emerge as a winner in the longer term, both during and after the COVID-19 crisis, according to Benchmark. The Roku Analyst Daniel L. Kurnos initiated coverage of Roku with a Buy rating and $153 ...
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AT&T Is Hoping HBO Max Will Turn The Tide
Wednesday, April 29, 2020 - 6:47am | 757Read More...AT&T Inc (NYSE: T) lost another 897,000 premium TV subscribers during the first quarter of 2020. The communications company hasn't done much to stop these subscriber losses as its efforts seem to be focused on raising the average revenue per customer instead of offering deals to appeal to...
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Blue Chip Stocks Resisting COVID-19
Tuesday, April 28, 2020 - 11:13am | 798Read More...Blue chips are the mature companies that are the pillars of their industries. In addition to posting strong results quarter after quarter, these are also the companies that continue doing well even in times of economic downturns. Historically, blue chip stocks include IBM (NYSE: IBM),...
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One Word To Describe Netflix's Q1 Results? 'Temporary,' Says Loup Ventures' Munster
Wednesday, April 22, 2020 - 1:45am | 335Read More...Netflix Inc.'s (NASDAQ: NFLX) first-quarter results are impressive but signal a temporary trend, according to Loup Ventures Managing Partner Gene Munster. What Happened Netflix reported Q1 earnings per share of $1.57, up 106.6% year-on-year, on Tuesday. The video-on-demand service provider...
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3 ETFs For Netflix Earnings
Tuesday, April 21, 2020 - 8:52am | 613Read More...Netflix Inc (NASDAQ: NFLX), one of the prime beneficiaries of the “stay safe at home” theme foisted upon Americans by the COVID-19 pandemic, reports first-quarter results Tuesday after the close. Wall Street is expecting the streaming entertainment giant to post a profit for...
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Ninja's Move To Mixer Could Signal Change In How Streamers Make Money
Wednesday, April 15, 2020 - 4:35pm | 671Read More...In 2019, Tyler "Ninja" Blevins made a shocking announcement: he was leaving Amazon's (NASDAQ: AMZN) Twitch streaming platform to make live content exclusively for Microsoft's (NASDAQ: MSFT) Mixer. The blue-haired gamer became an international celebrity through his "...
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Roku Analysts On Streaming Growth, Early Q1 Data: 'Path To Profitability Is Unclear'
Tuesday, April 14, 2020 - 12:02pm | 659Read More...Roku Inc (NASDAQ: ROKU) estimates that it gained 3 million new accounts in the first quarter and saw streaming hours increase 49% year-over-year — partly thanks to global shelter-at-home orders. “The strength in streaming hours was partially offset by the addition of ‘Are you...
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Chinese Streaming Service iQIYI Has Subscription Revenue Opportunity, Oppenheimer Says In Bullish Initiation
Tuesday, April 14, 2020 - 11:22am | 317Read More...iQIYI Inc (NASDAQ: IQ) is among the largest video streaming service providers in China, and investors seem to be underestimating its ability to lift subscription fees, according to Oppenheimer. The iQIYI Analyst Bo Pei initiated coverage of iQIYI with an Outperform rating and $23 price target...
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Communications Services Sector Earnings: When Staying In Becomes The Trend
Thursday, April 9, 2020 - 3:39pm | 1985Read More...In the topsy-turvy world of coronavirus, the Communication Services sector—a daily lifeline for nearly every American—is the one S&P 500 sector that might come out of the Q1 earnings period looking slightly better than most. That said, “better” is a relative term these...
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PS5 Vs. Xbox Series X: Tech Alone Won't Crown A Winner
Friday, April 3, 2020 - 3:35pm | 1185Read More...Sony Corp (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) are gearing up for the release of the PlayStation 5 and Xbox Series X. Both companies have detailed the tech that powers each respective console. On paper, the Xbox Series X beats the PS5 in nearly everything but speed. It's a...
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HBO Makes Shows Like 'Sopranos,' 'The Wire' Free For 1 Month As Coronavirus Keeps People Indoors
Friday, April 3, 2020 - 11:33am | 599Read More...AT&T Inc. (NYSE: T) subsidiary WarnerMedia's HBO has made some of its content available for free for a month starting Friday, without requiring users to sign up on its platform. 'Sopranos,' 'The Wire' Among Free HBO Offerings The programming will be available on the HBO Go...
