Netflix expanding New York presence, months after Amazon departure

Is Netflix a buy for investors? CFRA research analyst Tuna Amobi breaks down Netflix’s first-quarter results and outlook. Netflix plans to open a new production hub in New York City that it said will bring $100 million in investments and result in hundreds of new jobs, according to New York Gov. Andrew Cuomo. Continue Reading Below The expanded office in […]

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Netflix Earnings Feature Record Subscriber Growth

Netflix's (NASDAQ: NFLX) strong growth persisted in Q1, with revenue, net income, and members rising by double-digit year-over-year percentages. Growth in paid members was particularly impressive, as the company added nearly 10 million subscribers in a single quarter. "For 20 years, we've had the same strategy: when we please our members, they watch more and we grow more," the company […]

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Stocks making the biggest moves: Johnson & Johnson, Western Digital, Bank of America & more

Check out the companies making headlines midday Thursday: Johnson & Johnson — Johnson & Johnson rose 1.81% after the company reported quarterly results that beat analyst estimates. The company posted earnings of $2.10 per share, 7 cents higher than expected amid strong prescription drug sales. Johnson & Johnson’s revenue also topped expectations. The multinational also narrowed their 2019 fiscal year […]

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From Disney to Netflix, the big takeaways from CinemaCon

Characters from Disney and Fox movies are displayed behind Cathleen Taff, president of distribution, franchise management, business and audience insight for Walt Disney Studios during the Walt Disney Studios Motion Pictures presentation at CinemaCon 2019, the official convention of the National Association of Theatre Owners (NATO) at Caesars Palace, Wednesday, April 3, 2019, in Las Vegas. (Photo by Chris Pizzello/Invision/AP) […]

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Netflix Has 71% Of Global SVOD Market, But New Services Gain Ground – Report

Netflix controls 71% of the global SVOD market, but newer services like DC Universe have started to gain a bit of traction, according to Parrot Analytics’ 2018 Global Television Demand Report. The research firm compiled data by analyzing what it calls “demand expression platforms,” a range of video streaming, social media, photo sharing, blogging, web and peer-to-peer platforms across 10 […]

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Maria Kondo’s Netflix series ‘Tidying Up’ sparks spike in Goodwill Donations

How Amazon, Netflix are changing the entertainment industry Entertainment Media Ventures President Sanford Climan on the latest trends in the entertainment industry. Declutter queen Maria Kondo’s new series ‘Tidying Up’ on Netflix has not only gained popularity since debuting in January but its helping nonprofits like Goodwill see a boost in donations. Continue Reading Below Lauren Lawson-Zilai, senior director of […]

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Apple Needs Netflix and HBO More Than They Need It

Apple (NASDAQ: AAPL) is preparing to launch a couple of new services next month, according to reports. The company is expected to introduce a subscription news aggregation service based on its acquisition of Texture last year. It's also going to launch a service for aggregating streaming video, anchored by its $1 billion investment in original content. But Apple has butted […]

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