Netflix shares hit record as subscriber growth defies odds once again
Shares of Netflix soared 13% to an all-time high after the streaming giant’s big bet on sports helped add a record 18.9 million subscribers in the holiday quarter.
Shares of Netflix soared 13% to an all-time high after the streaming giant’s big bet on sports helped add a record 18.9 million subscribers in the holiday quarter.
The billionaire owner of the Los Angeles Times announced that he will be overhauling his “very left” editorial board after deciding to refrain from publicly endorsing Vice President Kamala Harris via the progressive outlet.
Over 250,000 Washington Post subscribers, or 10% of the newspaper’s customers, have canceled their subscriptions after owner Jeff Bezos blocked its editorial board from publishing an endorsement of Vice President Kamala Harris, according to a report.
DirecTV has announced that they will be buying Dish Network for $1, with the U.S. multichannel video programming distributor agreeing to take care of Dish Network’s accumulated debts.
Next month, Spotify subscribers can expect an increase in membership fees as the audio streaming service is planning to boost its rates for the second time in less than a year.
The music streaming platform Spotify has announced a third round of layoffs in 2023.
Walt Disney CEO Bob Iger told employees he faced a “myriad of challenges” upon returning to the company.