|Bid||509.08 x 1000|
|Ask||509.52 x 1000|
|Day's range||508.25 - 516.63|
|52-week range||432.14 - 593.29|
|Beta (5Y monthly)||0.75|
|PE ratio (TTM)||61.81|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Julie Hyman breaks down Monday’s business headlines, including: The EU opening an antitrust probe into Google, The U.S. Supreme Court siding with college athletes over allowing benefits that include cash or cash-equivalent awards, Steven Spielberg signing a deal with Netflix to produce multiple films, and the U.S. housing market reaching record-high prices.
Government plans to privatise Channel 4 will threaten the TV and film industry's recovery from the pandemic and deliver a blow to small producers, industry chiefs have warned. Pact, the trade body for Britain’s TV and film producers, said a sale of the Bake Off broadcaster would inflict financial harm on small production companies that rely on Channel 4's £500m programming budget. The UK's production industry had been booming prior to the pandemic following deals with streaming giants like Netfl
Netflix (NASDAQ: NFLX) has seen a massive increase in competition for consumer's couch time over the last couple of years. Media giants like Walt Disney (NYSE: DIS) have invested billions in direct-to-consumer streaming services new and old, while longtime-rival Amazon (NASDAQ: AMZN) also made a step-up in its streaming-content investment in 2020.