Netflix’s global subscriber rolls crossed 200 million at the end of 2020 and the company projected it will no longer need to borrow billions of dollars to finance its broad slate of TV shows and movies.
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MultiChoice Group has expanded its repertoire with an agreement to buy a 20% stake in Africa-focused sports-betting platform BetKing for as much as R1.8-billion.
Walt Disney Co is pricing a new bundle of streaming services at a surprisingly low $12.99/month, challenging Netflix with a package that includes family programming, live sports and a deep library of television shows.
21st Century Fox has accepted a sweetened, $71.3-billion bid from Walt Disney Co for its entertainment assets, outbidding Comcast in a battle for one of the media industry’s biggest prizes. The $38/share price is about
The number of scripted TV shows released in the US swelled to a new high in 2017, reflecting the growing efforts of Netflix, Amazon and YouTube to steal viewers and advertisers from traditional networks. Streaming services accounted
Walt Disney Co has agreed to a $52.4bn deal to acquire much of the global empire that media baron Rupert Murdoch assembled over three decades, from a fabled Hollywood studio to Europe’s largest satellite-TV provider to
Netflix got a wake-up call from Walt Disney. Disney, the world’s biggest entertainment company, said on Tuesday it will stop supplying new Disney- and Pixar-brand movies to Netflix starting in 2019 and launch
Walt Disney Co is working with a financial adviser to evaluate a possible bid for Twitter, according to people familiar with the matter. After receiving interest in discussing a deal, Twitter has started a process to evaluate a potential