Disney+ needed just a couple months to amass nearly half the number of subscribers that Netflix Inc. NFLX, -0.59% has domestically, but that disclosure didn’t help Walt Disney Co.’s stock Wednesday after the company’s latest earnings report. Shares of Disney DIS, -2.28% were off 1.8% in morning trading afterRead More →
What does it mean to “watch” a show on a streaming service? For Netflix Inc., it now means viewing at least two minutes. The streaming service noted in its first quarterly earnings report of 2020 on Tuesday that it has changed the definition of viewership — while Netflix NFLX, -0.46%Read More →
Netflix for $12.99 a year, Disney+ for $70, Hulu with no ads for $11.99, and then add on HBO for $14.99 … wait, how much is this all costing? Welcome to the next phase of the streaming wars, where some of the biggest companies in tech and media are fightingRead More →
Netflix Inc. is mobilizing ahead of the launch of two big new competitors in November with an armory of 59 new offerings next month, including the arrival of 43 original programs. The company said the line-up changes will include “a lot of Christmas titles” added throughout the month, for bothRead More →
The competitive landscape has weighed heavily on the minds of Netflix Inc. investors. In slashing his price target on Netflix NFLX, +0.87% shares to $300 from $380, Evercore ISI analyst Vijay Jayant on Monday said investors are jittery about Netflix’s business model with “a number of new Internet TV serviceRead More →
The sharks are circling Netflix Inc., and they smell blood in the water. Blood as in hemorrhaging users and a stock in freefall. Its salvation, ironically, may be a gangster epic that looks like a heavy Oscar favorite. The start of the traditional fall TV season in late September hasRead More →
The Emmy Award-winning creators of “Game of Thrones” have landed at Netflix Inc. in a deal reportedly worth $200 million to $300 million to create and develop series and movies exclusively for the streaming giant. David Benioff and D.B. Weiss chose Netflix NFLX, -2.21% after being courted by a handfulRead More →
The Mouse just roared. The Walt Disney Co. DIS, +2.58% on Tuesday fired a formidable first shot in what is likely to be a prolonged streaming war this year and next that parallels Marvel’s “Avengers: Endgame”: Beginning Nov. 12, when Disney’s ambitious streaming service debuts, U.S. consumers will be ableRead More →
When Netflix Inc. reveals its subscriber additions Wednesday afternoon, it should pass a milestone: 150 million paying subscribers. The streaming-video service is expected to cross that threshold when it reports second-quarter earnings, after ending the first quarter with 148.9 million. Netflix NFLX, -0.17% predicted that it would add 5 millionRead More →
In recent years after a typical Golden State Warriors win in Oakland, Andre Iguodala would exchange greetings with the opposing team, as is professional sports custom. Then, he did something few players do: He sought out some of the technorati sitting court-side as fans of Silicon Valley’s NBA team. Iguodala,Read More →
Netflix/Everett Collection Netflix’s ‘Murder Mystery’ featuring Adam Sandler and Jennifer Aniston. After years of declining to get specific about numbers, Netflix NFLX, +1.79% is finally cluing the public in. The streaming behemoth wants you to know its new comedy caper “Murder Mystery” is a big hit. Netflix’s de factoRead More →
Shares of Netflix Inc. surged Monday, on track for the first gain in six sessions, after a Piper Jaffray analyst said he expects the video streaming giant to beat second-quarter U.S. subscriber growth expectations. Analyst Michael Olson said while a preliminary reading of his “Netflix Search Index,” which is basedRead More →
Back in the second quarter of 2017, Bloomberg’s Joe Weisenthal suggested on Twitter TWTR, +0.86% that going long assets that journalists flag as bubbles would make for a great exchange-traded fund. Paul McNamara, who helps oversee $135 billion in assets as investment director at GAM Investments in London, took himRead More →
Slack Technologies Inc. is looking for a better direct-listing fate than Spotify Technology SA. The music-streaming service reminded tech unicorns late last year that companies don’t have to issue new shares or raise money through a traditional offering if they wish to go public, and now Slack is following inRead More →
Uber Technologies Inc. — one of the most hotly anticipated IPOs of 2019 — produced an unusual woeful stock performance on Friday for a company of its magnitude. By at least one measure, the initial public offering was the fifth weakest one-day return of a company with a value ofRead More →
Slack Technologies is going to directly list its shares for public trading on the New York Stock Exchange this summer. In doing so, Slack is following in the footsteps of Spotify Technology, which last year did a successful direct listing on the NYSE. In a direct listing, a private companyRead More →
Top-heavy valuations of the likes of Facebook FB, +0.14% Amazon AMZN, +0.63% Netflix NFLX, -0.22% and Google GOOG, +0.41% — known as FANG stocks — has been a steady theme as the bull market continues to prove resilient. But longtime investor Jesse Felder of the popular Felder Report says there’sRead More →
Love & Money is a MarketWatch series looking at how our relationship with money impacts our relationships with significant others, friends and family. Over the past nine years, New York City-based massage therapist Lorraine has binged on a number of shows on Netflix NFLX, +3.48% from the platform’s original seriesRead More →
Expect a “flat and skinny” kind of year for stocks. That’s according to Peter Oppenheimer, Goldman Sach’s chief global equity strategist, who thinks the big gains that kicked off the year will fade as 2019 progresses. Wall Street broke with a winning streak Tuesday, which has sparked some speculation overRead More →
Where there’s smoke, there’s fire. At least that’s the hope after a WSJ report on Thursday said the U.S. may ease China tariffs to facilitate a trade deal. “Although, the Treasury didn’t confirm this…the market has bought this for now and if this turns out to be a junk, theRead More →
Netflix Inc. added more new subscribers than expected in the holiday season, but shares still declined after the company released its earnings report Thursday afternoon. Netflix NFLX, +0.51% shares fell about 3% in immediate after-hours trading following the report’s release. Netflix produced more profit than expected in addition to theRead More →
Some people hit the bar. Others pass the time with the latest Netflix NFLX, +1.56% show or catch a little shut-eye. Then there’s one woman in Florida, who took a rather unique approach to dealing with her travel frustrations: She climbed the desk, called the agent a “rapist” and saidRead More →
