Media - Page 2

Netflix Tries to Even the Score With Disney

Last week's announcement by Walt Disney Co. (NYSE: DIS) that it would end its distribution agreement with Netflix Inc. (NASDAQ: NFLX) for Disney- and Pixar-branded movies set the streaming video ...
Read Full Story »

‘Dunkirk’ Ticket Sales Top $150 Million

Widely hailed World War II movie "Dunkirk" passed the $150 million domestic ticket sales level over the weekend, according to Box Office Mojo. Several other films posted lackluster performance. According ...
Read Full Story »

GoDaddy Dumps White Supremacy Site

GoDaddy Inc. (NYSE: GDDY) said it would purge a white supremacy site for which it holds the domain. According to a post by the company on Twitter: We informed The Daily ...
Read Full Story »

6 Most Important Things in Business Today

The European Union will tighten the screening process for foreign takeovers of companies, according to the Financial Times. Among the reasons may be a surge in China's mergers and acquisitions, ...
Read Full Story »

Would Snap Merger With Twitter Solve Many Problems?

The two also-rans of social media are in deep trouble. Neither Snap Inc. (NYSE: SNAP) nor Twitter Inc. (NYSE: TWTR) has shown major user growth in recent quarters. Both have ...
Read Full Story »

6 Most Important Things in Business Today

Uber's largest investor, Benchmark Capital, filed suit to push former CEO Travis Kalanick off the company's board. The VC said it had been misled about trouble at the company when ...
Read Full Story »

Snap Just Can’t Get Earnings Right

Snap Inc. (NYSE: SNAP) released its most recent quarterly results after  markets closed Thursday. The company posted a net loss of $0.16 per share and $182 million in revenue versus ...
Read Full Story »

Can Snapchat Turn Itself Around With Earnings?

Snap Inc. (NYSE: SNAP) is scheduled to release its second-quarter financial results after the markets close on Thursday. The consensus estimates from Thomson Reuters call for a net loss of ...
Read Full Story »

How Will Disney Price Its New Streaming Services?

When one of the most recognizable brands in the world makes a strategic shift, an obvious question is how that shift will pay off for the company and its investors. ...
Read Full Story »

Social Media Short Sellers Can’t Make Up Their Minds

Social media has taken the world by storm, building virtual communities for anyone who has internet access and allowing people to connect and share across the globe. Many of these ...
Read Full Story »

Twitter Short Interest Plunges

Shares sold short in Twitter Inc. (NYSE: TWTR) dropped by 8.3 million shares to 51.8 million for the period that ended July 31. The move comes as Twitter's shares have collapsed ...
Read Full Story »

Facebook Wants to Become More Like Google, and Google Wants to Become More Like Facebook

Over the past several years, the two dominant internet companies have moved into one another's businesses. The activity seems to be more pitched recently. Facebook Inc. (NYSE: FB) said it ...
Read Full Story »

6 Most Important Things in Business Today

Tesla Inc. (NASDAQ: TSLA) is developing a self-driving truck, according to an exclusive report by Reuters. It has filed with Nevada to begin to test the vehicle there. Essential Products, ...
Read Full Story »

Will CBS, Viacom and Time Warner Pull Content From Netflix?

Walt Disney Co. (NYSE: DIS) will start its own sports and movie streaming networks and pull content from Netflix Inc. (NASDAQ: NFLX), the streaming industry leader. It is a huge ...
Read Full Story »

6 Most Important Things in Business Today

Several states are at work to land a new Toyota Motor Corp. (NYSE: TM) and Mazda joint plant. According to the Wall Street Journal, these include Alabama, Florida, Kentucky, Illinois, ...
Read Full Story »