Can Plunking Down $70 Million on This Aging Comedian Save Netflix?

2019-7-21 19:00

Netflix shocked investors earlier this week when it reported a 126,000 decrease in domestic subscriptions, disappointing analysts who expected an increase of 350,000. While Netflix offered all sorts of lame excuses for the decline, it’s impossible to deny that its recent price increases and increasing competition are having an impact on its business.

To that […]

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Disney’s Streaming Service Hasn’t Even Launched and it’s Already Hemorrhaging Money

Disney says it’s likely to take a massive $150 million hit to its bottom line as it works to beef up its array of streaming services, including the yet-to-launch Disney+. However, concerns remain that the company may be turning a blind eye to the impact of these losses over the long run as it seeks to supplant Netflix as the digital content king.

2019-2-7 23:29