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A Huge Pension Fund Bought Netflix, Disney, Microsoft And Sold This Gaming Stock In Q2
Monday, August 16, 2021 - 7:14am | 444Ontario Teachers’ Pension Plan has significantly raised its exposure in Netflix Inc (NASDAQ: NFLX), Microsoft Corp (NASDAQ: MSFT) and Walt Disney Co (NYSE: DIS), regulatory filings revealed on Friday. What Happened: The largest Canadian investment management firm with $221.2 billion in...
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Disney CEO Lays Out Global Expansion Plans For SVOD Service Disney+: What You Need To Know
Friday, August 13, 2021 - 5:49am | 545Walt Disney Co (NYSE: DIS) CEO Bob Chapek touched on the global expansion plans for the company’s subscription video-on-demand business on Thursday. What Happened: At the company’s third-quarter earnings call, Chapek revealed that the launch of Disney+ in Eastern Europe has been delayed...
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Disney Has 'Figured Out Ways To Fairly Compensate Talent' No Matter What Business Model, CEO Says In Wake Of Scarlett Johansson Lawsuit
Thursday, August 12, 2021 - 10:45pm | 449The Walt Disney Co (NYSE: DIS) CEO Bob Chapek said at the company’s third-quarter earnings call that the entertainment behemoth has “figured out ways to fairly compensate” talent irrespective of the business model. What Happened: Chapek’s comments assume importance in the...
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Netflix, Draftkings, Docusign, Twitter, Etsy — Stocks Cathie Wood's Ark Bought Or Sold Wednesday
Thursday, August 12, 2021 - 5:31am | 731One of Cathie Wood-led Ark Invest's key exchange traded funds on Wednesday nearly trimmed all of its exposure to Netflix Inc (NASDAQ: NFLX) as it sold 1,627 shares, estimated to be worth about $833,674, in the online video streaming service. Netflix shares closed 0.67% lower...
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Apple, Netflix Engage In Bidding War For Jennifer Lawrence Film About Sue Mengers: Report
Tuesday, August 10, 2021 - 5:56am | 572Apple Inc (NASDAQ: AAPL) and Netflix Inc’s (NASDAQ: NFLX) are engaged in a bidding war to grab a deal for an upcoming Oscar-winner project starring Jennifer Lawrence, according to a report by Variety. What Happened: The streaming service providers are trying to land the deal...
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Cathie Wood Sells $7.7M In Netflix, $3M In Nvidia
Tuesday, August 10, 2021 - 5:12am | 462Cathie Wood-led Ark Invest on Monday reduced its exposure in Netflix Inc (NASDAQ: NFLX) by 12.3%, as it shed 14,762 shares — estimated to be worth about $7.68 million — in the online video streaming service. Netflix shares, which have slipped 3.4% so far this year, closed marginally...
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Disney's Combined Strength Across Sectors Remains 'Unparalleled' In Global Media Industry, Says Dan Loeb
Monday, August 9, 2021 - 5:57am | 391Activist investor Dan Loeb noted that the combined strength of Walt Disney Co.’s (NYSE: DIS) various sports, general entertainment, and blockbuster franchises remains “unparalleled” in the global media industry. What Happened: In a letter to investors of his hedge fund Third Point...
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Cathie Wood's Ark Invest Sheds Another $35M In Square, Snaps $19M in Roku
Sunday, August 8, 2021 - 9:30pm | 541Cathie Wood-led Ark Invest on Friday shed another 127,800 shares, estimated to be worth about $35.16 million, in Square Inc (NYSE: SQ), booking more profits as the stock recorded a 10% weekly gain. SQ shares closed 2.38% lower at $275.10 on Friday but surged 11.3% in the week after a solid earnings...
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Netflix, Disney+, Amazon Prime Video, Other SVOD Services Are Seeing Customers Spend More Now Than During Pandemic: Survey
Friday, August 6, 2021 - 5:57am | 542U.S. customers are spending more time and money streaming their favorite shows than they did six months ago, shows the latest J.D. Power survey. What Happened? The survey found monthly customer spending on streaming platforms, such as Netflix Inc (NASDAQ: NFLX), Amazon.com Inc’s (...
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Cathie Wood Trims Netflix Stake Despite Being Bullish On Gaming Foray, Buys $11.5M In Roblox Instead
Wednesday, July 28, 2021 - 12:33am | 459Cathie Wood-led Ark Investment Management on Tuesday trimmed its stake in streaming video-on-demand company Netflix Inc. (NASDAQ: NFLX) despite earlier this month spelling out a bull case for its gaming foray and loaded up some shares in pure-play gaming company Roblox Corp. (NYSE: RBLX)...
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Tokyo Olympics Opening Ceremony Drew 16.7M US Visitors For NBC, A 33-Year Low
Monday, July 26, 2021 - 12:55am | 592Comcast Corp (NASDAQ: CMCSA)-owned NBCUniversal drew 16.7 million U.S. viewers for the Tokyo Olympic Games opening ceremony, the lowest in 33 years, Reuters reported, citing preliminary data from the broadcaster. What Happened: The viewership draw was from across all of NBCUniversal’s...
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Netflix's Video-Gaming Foray Could Put It At Odds With Apple
Thursday, July 22, 2021 - 6:21am | 541Netflix Inc.’s (NASDAQ: NFLX) much-anticipated foray into videogames likely puts the streaming giant on a collision course with tech giant Apple Inc. (NASDAQ: AAPL). What Happened: Netflix said Tuesday it will offer video games in its existing subscription plans at no additional cost and will...
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Netflix To Begin Video-Gaming Foray With Free Mobile Offerings For Subscribers: What You Need To Know
Wednesday, July 21, 2021 - 1:37am | 436Streaming giant Netflix Inc. (NASDAQ: NFLX) has confirmed its much-anticipated move into video games, even as it reported slowing subscriber growth in the second quarter. What Happened: Netflix said Tuesday in its quarterly letter to shareholders that it sees gaming as another "new content...
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Netflix, Disney, Amazon Battle It Out As Bollywood Films Opt For 'Digital Premieres' Over Theater Releases
Tuesday, July 20, 2021 - 5:31am | 395Subscription video-on-demand (SVOD) services from Netflix Inc. (NASDAQ: NFLX), Amazon.com. Inc. (NASDAQ: AMZN) and Walt Disney Company (NYSE: DIS) are engaged in a battle royal in India as Bollywood films increasingly opt for “digital premieres” instead of theatrical releases. What...
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Netflix Will See 'Meaningful Increment' In Revenue Even If It Grabs A 'Fraction Of The Video Game Market,' Says Analyst
Tuesday, July 20, 2021 - 12:53am | 520Cathie Wood-led Ark Investment Management believes Netflix Inc (NASDAQ: NFLX) could add a meaningful topline from video gaming if the streaming giant gets the execution right and manages to secure even a fraction of the pie in the highly-sought-after category. What Happened: Compared to the 3...