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Netflix Hires Former EA, Facebook Exec As It's Said To Plan Expansion To Video Games
Thursday, July 15, 2021 - 12:27am | 565Netflix Inc. (NASDAQ: NFLX) has hired Mike Verdu, a former Electronic Arts Inc. (NASDAQ: EA) and Facebook Inc. (NASDAQ: FB) gaming executive, to lead the streaming giant’s expansion into video games, the company confirmed to Bloomberg on Wednesday. What Happened: Mike Verdu will join...
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Is Now The Time To Buy Into Virgin Galactic, Disney, Or Creatd Stock?
Tuesday, July 13, 2021 - 4:06am | 688The following three stocks are on the radar of retail investors and day traders early Monday: Virgin Galactic Holdings Inc (NYSE: SPCE): The Sir Richard Branson-founded space tourism company was the most discussed name on r/WallStreetBets or WSB early Tuesday. On Sunday, Branson shot off to...
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'Black Widow' Grosses Nearly 40% Of Its Total Debut Weekend Revenue From Disney+ At $60M
Monday, July 12, 2021 - 4:00am | 478Marvel movie "Black Widow" collected $60 million on its debut weekend on the Walt Disney Co's (NYSE: DIS) subscription video-on-demand service Disney+. What Happened: Black Widow made a debut of sorts as it became the first Marvel movie to be made available online via Disney...
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Apple Podcasts Executive Moves Over To Netflix
Friday, July 9, 2021 - 3:23am | 556Former Apple Inc. (NASDAQ: AAPL) Podcasts executive N’Jeri Eaton announced she is moving over to streaming giant Netflix Inc. (NASDAQ: NFLX). What Happened: N’Jeri Eaton said on Twitter that she is joining Netflix to lead its podcast operations. Eaton had announced last week that she...
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Universal Pictures Strikes Pay-One Deal With Peacock In A Blow To HBO
Wednesday, July 7, 2021 - 3:30am | 521Comcast Corp.’s (NASDAQ: CMCSA) movie studio Universal Pictures has entered into a multi-year deal with sister streaming service Peacock to exclusively stream its new films within four months of their theatrical debut, the Verge reported Tuesday. What Happened: Beginning next year, theatrical...
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Cathie Wood Boosts Disney, Netflix Stakes, With $19M Buy In Each
Tuesday, July 6, 2021 - 10:06pm | 450Cathie Wood-led Ark Investment Management on Tuesday snapped up 108,653 shares, estimated to be worth about $18.87 million, in the media and entertainment company Walt Disney Co (NYSE: DIS) on the dip. Disney shares fell 1.93% to $173.69 on Tuesday. Ark deployed the Ark Next Generation...
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Cathie Wood Sells $11M In Roku
Friday, July 2, 2021 - 12:04am | 390Cathie Wood-led Ark Investment Management on Thursday shed 25,300 shares, estimated to be worth about $11 million, in Roku Inc (NASDAQ: ROKU). Shares of the San Jose, California-based company that makes a host of digital media players for video streaming, closed 5.13% lower at $435.67 on Thursday....
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Apple Lands 25 Daytime Emmy Award Nominations For SVOD Service But It Still Doesn't Match Up To Netflix
Tuesday, June 29, 2021 - 2:35am | 501Apple Inc.’s (NASDAQ: AAPL) subscription-video-on-demand (SVOD) service received a total of 25 nominations for the 48th annual Daytime Emmy Awards, but it still lagged far behind streaming giant Netflix Inc.’s (NASDAQ: NFLX) 65 nominations. What Happened: Apple said that Apple TV+...
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Apple Faces Moment Of Truth With Video Streaming Service As Elongated Free Trials End
Monday, June 28, 2021 - 6:23am | 492Apple Inc (NASDAQ: AAPL) is set to face the stickiness factor for its streaming service as it weans off subscribers off the free plan beginning July, according to a CNBC report. What Happened: The Cupertino, California-based tech giant will cut down the duration of its free promotional streaming...
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What's Up With Roku, ViacomCBS Stocks
Wednesday, June 23, 2021 - 10:41pm | 509Roku Inc (NASDAQ: ROKU) shares shot up over 4.5% and ViacomCBS Inc (NASDAQ: VIAC) shares were up over 2.6% at the end of the regular session on Wednesday. What Happened: The movement in the stock prices was fueled by a report from The Wall Street Journal that Comcast Corporation (NASDAQ: CMCSA) CEO...
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Cathie Wood Buys Another $6.3M In Alibaba Rival JD And Sells $17M In Netflix
Saturday, June 19, 2021 - 10:30am | 622Cathie Wood-led Ark Investment Management on Friday snapped up 87,900 shares, worth about $6.29 million, in JD.com Inc (NASDAQ: JD) on the dip. Shares of the company, a key rival to Alibaba Group Holding (NYSE: BABA) in the e-commerce space in China, closed 2.56% lower at $71.62 on Friday. The New...
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Netflix Is Making A Limited Series On Spotify And CEO Daniel Ek
Tuesday, June 15, 2021 - 12:11am | 276Netflix Inc (NASDAQ: NFLX) has started production for a fictionalized series on Sweden-based digital music streaming app Spotify Technology SA (NYSE: SPOT), according to a Variety report. What Happened: The unnamed limited series is inspired by the book “Spotify Untold” and...
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Amazon In Talks To Acquire MGM Studios: What You Need To Know
Tuesday, May 18, 2021 - 2:47am | 392Amazon.com, Inc (NASDAQ: AMZN) is in talks to acquire MGM movie studio, which could give a significant boost to the latter’s entertainment portfolio, as per reports. What Happened: The discussions were reported by The Information on Monday (via AppleInsider). The status of the talks can...
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Cathie Wood Buys $26M Disney Shares And Sells $13M In Netflix: What You Need To Know
Sunday, May 16, 2021 - 11:33pm | 1326Cathie Wood-led Ark Investment Management on Friday bought 150,556 shares, worth about $26.15 million, in Walt Disney Co (NYSE: DIS), marking its debut in the media and entertainment company as analysts pointed to benefits from the reopening of theme parks in 2021. DIS shares fell 2.58% at $...
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How Apple Went To Extremes To Persuade Netflix Against Abandoning In-App Purchases
Thursday, May 6, 2021 - 4:12am | 641Apple Inc’s (NASDAQ: AAPL) internal email correspondence sheds a light on efforts it made to prevent Netflix Inc (NASDAQ: NFLX) from abandoning in-app purchases offered to its viewers, The Verge reported Wednesday. What Happened: The emails were revealed as a part of the ongoing lawsuit...