Disney reports earnings Tuesday. Here's what Wall Street is watching
Walt Disney will puts its top-tier streaming dominance to the test when it reports results before the bell Tuesday.
Source: cnbc.com
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Netflix Subscribers Exceed Fourth-Quarter Estimates
On Tuesday, Netflix exceeded Wall Street expectations for fourth-quarter subscriber growth.
Source: techreport.com
Netflix adds record 13.1M subscribers in Q4, pushing shares up
Streaming service giant Netflix announced Tuesday its subscription data for the last quarter of 2023, posting the largest-ever-fourth-quarter subscriber...
Source: dailysabah.com
netflix subscriber: Netflix hits fourth-quarter subscriber record, fueled by 'The Crown' and 'The Killer'
Netflix exceeds subscriber estimates, adding 13.1 million subscribers in Q4 2023, driven by shows like The Crown and David Fincher's film. The total number of subscribers is now 260 million. The stock gained 65% in 2023. Bank of America media analyst Jessica Reif Ehrlich said Netflix has won the 'streaming wars'. Revenue rose to $8.8 billion in the quarter. Netflix expects double-digit revenue growth in 2024 and plans to invest in advertising and games. It also secured a $5 billion deal with WWE for exclusive programming.
Source: indiatimes.com
'Funflation' is here to stay as live events fuel economy: Bank of America
"Funflation" is in full force as live events boom amid a turbulent time in the entertainment industry.
Source: aol.com