Time Warner Shares Fall On Reports That the DOJ Might Block AT&T’s $85B Acquisition
Remember when everyone thought the Time Warner and AT&T deal was a sure thing? Turns out, not everyone was on board. On Thursday, Time Warner (NYSE:$TWX) shares fell after a newspaper reported that the Department ... [Read]
Netflix Cancels “House of Cards”; Says it Has Nothing to Do With The Allegations Against Spacey
Whether you are thinking about investing in the Netflix stock, or are simply just a fan of binge-watching shows on their platform, today’s news might have an effect on you. Are you ready for it? ... [Read]
Think Twice Before You Jump On the Bearish Bandwagon Against Netflix
The bearish outlook against Netflix (NASDAQ:$NFLX) seems to be becoming a popular trend on Wall Street. So, what exactly are the bears’ arguments? Despite strong subscriber growth numbers, Netflix’s current model is unsustainable, driven by ... [Read]
Netflix Cleans House With String of Cancellations
In the last few months, Netflix Inc (NASDAQ:$NFLX) has moved to clean out some of its original content. However, it’s not just the flops like “Girlboss” or “Gypsy” that are getting the ax. High profile ... [Read]
Colony Capital In Talks To Buy Weinstein Co. Following Scandal
On Monday, a private equity firm called Colony Capital, run by Thomas Barrack, released a statement saying that the firm is currently in negotiations with the Weinstein Company (privately traded) for a ‘potential sale of ... [Read]
Netflix Looks To Expand Content Budget By $7 Billion For 2018
Following its 3rd quarter budget announcement Monday, Netflix Inc. (NASDAQ:$NFLX) revealed that it plans to spend between $7 billion and $8 billion on content in 2018. This is an increase from the $6 million dollar ... [Read]
Harvey Weinstein Fired From The Weinstein Company
Have you heard the news? The board of The Weinstein Co. – which is owned by Weinstein Company Holdings LLC (privately traded) – made the decision to terminate Harvey Weinstein from his position as co-chairman ... [Read]
Netflix to Create Stand-Alone Studio in Canada
Netflix Inc. (NASDAQ:$NFLX) has reportedly committed to spending a considerable amount of money to create a stand-alone studio in Canada that will produce and distribute content. Why? Many speculate the move comes as part of ... [Read]
AMC Announces Partnership with Dreamscape Immersive
If you’re interested in the entertainment sector, you’re going to get a kick out of today’s news. AMC Entertainment, Inc. (NYSE:$AMC), a widely popular movie theater chain, announced on Tuesday that it has entered into ... [Read]
Netflix On Route for Worst Day Since November 2016
Are you interested in the entertainment market? More specifically, are you interested in Netflix stock? If so, you might want to pay close attention to the following: On Monday, September 25, Netflix, Inc. (NASDAQ:$NFLX) shares ... [Read]