Netflix shares jumped about 3% in premarket trading Monday. The streaming giant’s positive annual revenue outlook reassured investors that it could handle an economic downturn amid…
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In the third quarter, Netflix added 5.1 million streaming members, more than one million more than Wall Street had predicted. The company also stated that it…
On Wednesday, Walt Disney (DIS.N) CEO Bob Iger responded to activist investors with a series of announcements. These included a sizable investment in “Fortnite” creator Epic…
On Tuesday, Fox Corp, Walt Disney’s ESPN, and Warner Bros Discovery jointly announced that they will launch a sports streaming service later this autumn. The aim…