|Day's range||20.05 - 20.90|
For years, Netflix (NASDAQ: NFLX) has burned billions in cash to fund its giant appetite for new content. Below are some quotes from Netflix bears. "[Netflix] will probably grow total paid subs 15% in 2020, vs. 20% in 2019.
HBO Max made its official entrance into the streaming wars on Wednesday — and its day-one performance highlights how consumers are embracing the new platform.
Netflix completed its purchase of Hollywood's historic Egyptian Theatre on Friday, helping to confirm the streaming giant's newfound central position in the movie industry. The Los Angeles theater built in 1922 claims to have hosted Hollywood's first ever movie premiere -- "Robin Hood" -- and will be used by Netflix for movie premieres as well as screenings and special events. "The Egyptian Theatre is an incredible part of Hollywood history and has been treasured by the Los Angeles film community for nearly a century," said Netflix film head Scott Stuber in a statement confirming the deal.
Cord-cutting is expected to accelerate through 2021, but some say the financial consequences for U.S. cable providers will be limited.
It was the only part of a lockdown where we were lucky enough to be safe in a quiet, green neighbourhood that was truly disorienting — until an unlikely saviour popped up via online streaming television. Netflix, Hulu, HBO, Amazon Prime and other streaming channels have leaned heavily on book adaptations, but most of these are familiar — either old classics such as LM Montgomery’s Anne of Green Gables or Philip Pullman’s His Dark Materials, or newer bestsellers such as Sally Rooney’s Normal People. This time, straying into the wide and gloriously tempting world of adaptations in languages beyond English, TV serials led me to genres I might never have explored on my own.
How did yesterday's launch of HBO Max go? Sensor Tower estimated that HBO Now and Max have been downloaded by 33 million people since launching in April 2015, compared to 260 million for Netflix, 120 million for Hulu (both Netflix and Hulu were measured starting in January 2014) and 50 million for Disney+.
Try this trade on for size amidst the brewing battle between President Trump and social media companies.
Everybody's streaming, and every media company wants in on the fun. Let's look at three players whose secret weapons provide a leg up on the competition.
For the foreseeable future, at least, many of us have nowhere to go and nothing but time on our hands. With this week’s arrival of HBO Max, an overcrowded streaming market becomes even more competitive, particularly here in the United States. Gone are the days of Netflix’s streaming supremacy (at least from a content perspective).
In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Emily Flippen and Ron Gross about the latest news from Wall Street. They talk about the work-from-home culture and the changes it brings.
HBO’s new streaming service, “HBO Max,” launched on Wednesday – joining the already-crowded streaming industry with the likes of Netflix, Disney, and Amazon. It has 10,000 hours of content and six original titles including this one, a romantic comedy starring Anna Kendrick. For HBO, which is owned by AT&T’s WarnerMedia division, the timing of the launch is critical. Streaming services have a captive audience right now, stuck at home without access to a theater, live music or televised sporting events. That situation helped Netflix add nearly 16 million new paying customers in the first three months of the year, more than double what it expected to attract. But with film and TV productions halted across the globe, HBO has postponed dozens of releases - most notably a “Friends” reunion special that it had originally planned for its launch. And if production doesn't resume by this fall, HBO Max could start to see a shortage of original content as early as January, according to a source familiar with the company. It has a $15 a month pricetag, a bit high compared to competitors, which may discourage some, as rising unemployment has cut disposable incomes. Still, WarnerMedia hopes to hit about 80 million subscribers by 2025.
Is a pandemic the perfect time to launch a new and relatively expensive streaming service? The phone company is investing billions in HBO Max, its first big entertainment venture since it spent $85 billion for Time Warner in 2018. “People are going to look at the price point first,” said Steve Nason, research director at Parks Associates.
AT&T's (NYSE: T) "skinny bundle" live TV streaming service has had a bit of a rough time in recent years. AT&T blamed lapsing promotional subscriptions for the sudden crash, an explanation that turned out to be both true and incomplete: AT&T did indeed lose a lot of promo subscriptions, but part of the problem was that such subscriptions were -- allegedly, at least -- created fraudulently in the first place and assigned to unknowing customers. Now, as first reported by Cord Cutters News, AT&T TV Now is back in action on Roku.
If you want to learn about what it takes to succeed as a retailer, there's no better company to study than Costco Wholesale (NASDAQ: COST). Costco is also beloved by bargain shoppers for its low prices. The profits Costco makes from selling membership plans allow it to sell its wares only slightly above cost.
If you're like me, Netflix (NASDAQ: NFLX) is a go-to choice when there's time to kill. Netflix was the best performing stock of the 2010s, ending the 10-year period on December 31st, 2019 up 41-fold. Netflix has committed to spend $150 million supporting the industry.
Netflix (NASDAQ: NFLX) is on its way to new all-time highs. So says Jefferies analyst Alex Giaimo. Giaimo reiterated his buy rating and $520 target price for Netflix's stock on May 22. His new target implies potential gains of approximately 25% for investors, based on Netflix's current price of $417.
Satellite radio veteran Sirius XM (NASDAQ: SIRI) has made millionaires before. Sirius XM saw its annual revenues rise by 86% over the last five years. Pandora added $1.6 billion to Sirius's sales last year.
Gov. Gavin Newsom was eager to get film studios back in action, but his office respected a more safety-focused attitude from industry insiders.
It’s a grim thought, but imagine for a moment what Donald Trump’s favourite four-star general might look like. Now imagine all that played for laughs, and if what you’ve come up with could only be encompassed by Steve Carell, congratulations, you’ve dreamt up Space Force. In the new Netflix series, the president has impulsively tweeted “Boots on the Moon!” and so a vast military Shangri-La costing billions of dollars is magicked into being in the Colorado Desert.
Facebook, Inc. (FB) Apple (AAPL), Amazon.com, Inc. (AMZN), Netflix, Inc. (NFLX) and Alphabet, Inc.'s (GOOGL) Google have outperformed during the coronavirus pandemic.
Netflix and Microsoft have demonstrated the ability to meet challenges while delivering explosive returns for investors.
As coronavirus restrictions lift, one expert says 'simply opening the doors will not be enough.'