Netflix has suspended its service in Russia, less than a week after it temporarily stopped all future projects and acquisitions in the country.
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Business software giant Oracle has suspended all operations in Russia, while rival SAP has announced it will pause all sales in the country following Moscow’s invasion of Ukraine.
The strong subscriber additions by Disney+ in the latest quarter helped Walt Disney Co’s flagship streaming service close the gap with market leader Netflix.
Walt Disney Co’s Disney+ subscriber growth has restored faith in the future of streaming video, lifting shares 8% after hours on Wednesday.
A whopping $600-billion of cash stashed at mega-cap technology companies could drive a wave of deal-making in the sector.
Walt Disney Co has confirmed one of the worst-kept secrets in the South African streaming space: Disney+ will launch locally “this winter”.
The Huawei nova 8i is a great phone. But it doesn’t have access to Google Mobile Services. How much of a problem is that in reality? By Lungile Msomi.
By the end of Netflix’s 45-minute earnings interview on Thursday, its stock was down more than 20% and a pall had been cast over the entertainment industry.
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20%.
A Cape Town animation studio is making waves internationally with a newly released, fully animated movie on Netflix called Seal Team.