Tag Archives: streaming

Disney stock drops after reporting wider streaming loss, earnings miss

Disney stock drops after reporting wider streaming loss, earnings miss

Disney (DIS) reported fiscal fourth-quarter earnings on Tuesday after the bell, missing on both the top and bottom lines. Macroeconomic challenges, including the global advertising slowdown, weighed on earnings as the company also battled higher-than-expected streaming losses. Disney stock moved lower on the heels of the report, with losses accelerating as investors digested the results — down as much as 10% in after-hours trading. Here are Disney’s fourth-quarter results compared to Wall… Source link

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‘Streaming pricing is going to go up’

‘Streaming pricing is going to go up’

Streaming prices are going to keep increasing, according to one prominent media executive. “Streaming pricing is going to go up,” Paramount (PARA) CEO Bob Bakish warned during Yahoo Finance’s All Markets Summit, adding that consumers will likely absorb the cost increases since “streaming represents an extraordinary value in general for the consumer.” Bakish highlighted the recent price hikes of competitors like Netflix (NFLX), which last boosted monthly prices in January, as well as Disney ( Source link

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Why 2 analysts think the streaming giant is still a screaming Sell

Why 2 analysts think the streaming giant is still a screaming Sell

Not everyone on Wall Street is on board for the bullish ride Netflix (NFLX) stock has been on in recent months. Shares of the streaming beast are up 18% in the past three months, blowing away the Nasdaq Composite’s 9% drop amid optimism surrounding Netflix’s upcoming ad-tier service. Analyst Doug Anmuth estimated in a new note this week that Netflix could drive 7.5 million subscribers to its ad-supported tier in its US and Canada segment in 2023, which could drive $600 million in advertising… Source link

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Google to Shut Down Stadia Video Game Streaming Service

Google to Shut Down Stadia Video Game Streaming Service

Google said it would shutter the video game streaming service Stadia, its answer to Microsoft’s Xbox and Sony’s PlayStation video game consoles, in another sign of Google’s drive to be leaner amid fears of an economic slowdown. Stadia, which has streamed games over the internet rather than requiring expensive consoles, will shut down on Jan. 18, Phil Harrison, Stadia’s vice president and general manager, wrote on Thursday in a blog post. The product debuted nearly three years ago,… Source link

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How Amazon’s foray into NFL streaming impacts the viewer — and the business

How Amazon’s foray into NFL streaming impacts the viewer — and the business

Amazon is about to change how you watch — or don’t watch — the NFL. After lucrative rights negotiations and months of high-profile talent acquisition, “Thursday Night Football” will makes its Amazon Prime debut on Sept. 15. Up first: an AFC West showdown between the Kansas City Chiefs and Los Angeles Chargers, featuring rivals with Super Bowl aspirations and two of the game’s most electric young quarterbacks. It’s a fine way to kick things off. Take note — that’s a Week 2 matchup. The… Source link

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Analyst details Walmart’s path to streaming success

Analyst details Walmart’s path to streaming success

Walmart (WMT) is weighing bundling a streaming service into its Walmart+ membership program. According to The New York Times, the big box retailer met with executives from Paramount (Paramount+, Showtime), Disney (Disney+, Hulu and ESPN+), and Comcast (Peacock) to discuss potential partnerships. In a statement provided to Yahoo Finance, Walmart said it would “not be commenting on speculation.” Nevertheless, the move would be a strategic shift as the company looks to forge ahead in the retail… Source link

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The streaming wars will end ‘with 3 or 4 winners,’ analyst predicts

The streaming wars will end ‘with 3 or 4 winners,’ analyst predicts

Competition in the streaming space is increasingly getting fierce, with more providers vying for subscribers at a time when signs of saturation in the market are starting to emerge. With the streaming market expected to “significantly cool” over the next five years, according to PwC’s annual Global Entertainment & Media Outlook, streamers are being forced to adapt to a rapidly changing landscape. “As the streaming wars continue, we will end up with three or four winners,” Needham Analyst… Source link

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NFL launches streaming service to air live games, radio broadcasts, on-demand programming

NFL launches streaming service to air live games, radio broadcasts, on-demand programming

The NFL announced its exclusive streaming service on Monday, two months after reports surfaced it would introduce one for the 2022 season. NFL+ is “building upon what the league developed with NFL Game Pass” and will be offered at basic and premium levels, the league said in its announcement It will offer live local and primetime games on mobile and tablet devices as well as live game audio from every game. NFL library programming is also available on-demand, amongst other perks. The starting… Source link

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What to expect as Morgan Stanley warns of ‘streaming recession’

What to expect as Morgan Stanley warns of ‘streaming recession’

Netflix (NFLX) is set to report its fiscal second quarter earnings on Tuesday after market close as the company battles ongoing inflationary pressures, increased competition, and an uptick in subscriber churn. Here’s what Wall Street expects, according to Bloomberg consensus estimates: Revenue: $8.05 billion expected Adj. earnings per share (EPS): $2.99 expected Subscribers: Loss of 2 million users expected The streaming giant’s anticipated loss of 2 million paying users for the second quarter… Source link

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