Why Apple Is Entering the Original Programming Business
The online streaming segment is getting more competitive by the day. First, Netflix (NFLX) purchased Millarworld, a comic book publisher, earlier this month, to help develop its own programming. Last week, Amazon…
Tencent Holdings (TCEHY), China’s biggest gaming and social media company by revenue, reported its fiscal 2Q17 results on Wednesday, August 16. The Shenzhen-based company beat forecasts and reported its best-ever quarterly…
The Walking Dead creator, Robert Kirkman, has made a deal with Amazon to create new programming content that will air on Amazon Prime Video.
Snap’s (SNAP) fiscal 2Q17 numbers showed another failure for the social media company, and shares tumbled ~15% in aftermarket trading.
Snap (SNAP) and Blue Apron (APRN)—both of which reported their respective quarterly numbers on Thursday, August 10—have other things in common.
In 2Q17, Snapchat added fewer users than Wall Street expected, and its revenues disappointed.
CBS’s (CBS) stock price closed at $66.71 on August 11. The company’s stock price has risen 4.8% since August 7, the day the company announced its fiscal 2Q17 results.
Disney said earlier that the company isn’t interested in offering its movies on a premium video on demand platform.
The company also indicated that the Disney-branded SVOD service will give subscribers access to Disney’s vast content library.
The Walt Disney Company’s (DIS) announcement regarding a Disney-branded video streaming service could significantly affect Netflix (NFLX).
Netflix’s (NFLX) stock price closed at $171.40 on August 11.
Walt Disney (DIS) stock closed at $101.35 on August 11.
Walt Disney Company (DIS) stock closed at $101.35 on August 11.
Disney said on its fiscal 3Q17 earnings call that ESPN’s direct-to-consumer service would help the company to leverage the strength of its brands and monetize its brands effectively.
CBS stated during its fiscal 2Q17 earnings call that its streaming services like CBS All Access and Showtime are together set to exceed 4 million subscribers by the end of this year.
Disney is increasingly facing competition from Comcast (CMCSA) and 21st Century Fox (FOXA) to secure sports broadcasting rights.
Disney was asked during its fiscal 3Q17 earnings call whether it expected ESPN’s direct-to-consumer service would affect its affiliate fee agreements with pay-TV operators.
Disney’s ESPN is currently going through troubled times.
The highlight of Disney’s fiscal 3Q17 earnings release was the company’s announcement regarding the launch of two streaming services.
In early August, Alphabet’s (GOOG) (GOOGL) Google fired a male engineer as a consequence of his controversial memo denouncing the company’s diversity policies.