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Disney comes close to making money off its combined streaming business

Craman Countdown panelists Robbie Whelan and Kenneth Leung explain Disney’s battle against Trian Partners. Disney’s combined streaming business of Disney+, Hulu, and ESPN+ came close to profitability in the second quarter. The entertainment giant on Tuesday reported second-quarter revenue of $6.19 billion, including its streaming business, and an operating loss of just $18 million. This […]

Disney CEO succession, ABC turmoil and streaming key for investors

Craman Countdown panelists Robbie Whelan and Kenneth Leung explain Disney’s battle against Trian Partners. All eyes will be on Disney late Tuesday morning as the entertainment giant releases its long-awaited second-quarter results to investors. Bob Iger’s company said it plans to release results before the morning stock market opens. This marks a change from the […]

Liberty star Sabrina Ionescu says WNBA ‘dropped the ball’ with streaming issues

The WNBA has an opportunity to capitalize on a shift in momentum in women’s basketball thanks to an interesting and record-breaking draft class that includes Kaitlyn Clark, Camila Cardoso, Angel Reese and Cameron Brink. Liberty is excited to be part of this new frenzy as the season begins while holding the league in check. On […]

Max streaming service to crack down on password sharing after move boosts Netflix: report

Warner Bros. Discovery will reportedly introduce paid sharing on Max later this year as subscribers become stricter about letting others use their accounts. bloomberg reported this week Warner Bros. Discovery will roll out option to pay ‘additional member’ streaming fees with Max subscriptions to allow members to use their own usernames and passwords as part […]

Kroger, Walt Disney Explore Joining Forces in Retail Streaming

Kroger and Walt Disney are reportedly considering partnering on a retail streaming deal that would include bringing Disney+ to the food retailer’s grocery delivery program. The companies are in talks to offer a streaming service called Kroger Boost as a free perk, according to people familiar with the matter. report From Bloomberg News. If the […]

Comcast revenue boosted by streaming growth at Peacock — but shares plunge 5%

Comcast on Thursday beat quarterly revenue estimates, driven by better-than-expected subscriber growth for its Peacock streaming service and strong attendance at its theme parks. However, the company’s stock price fell more than 5%. Peacock added 3 million subscribers in the first quarter, bringing its total to 34 million, beating Visible Alpha’s estimate of 2.32 million. […]

Peacock Streaming Service Lost $639 Million in Q1

Comcast/NBC/Universal’s streaming service Peacock lost a whopping $639 million in the first three months of 2024. “Peacock narrowed streaming losses to $639 million in Q1 2024, with paid subscribers up 55% year over year to 34 million.” report Leftmost lap. “However, the media conglomerate’s stock price fell more than 6% as it continued to lose […]

‘Serial Churners’ Emerge as Latest Hollywood Streaming Profit Nightmare

A new phenomenon known as “serial churners” is causing problems for streaming services, where people only temporarily sign up to watch a particular show and then cancel. new report from new york times It revealed that Americans are “increasingly tempted to hit the cancel button on streaming services.” “According to subscription research firm Antenna, more […]

Zurich Classic: How to watch, streaming, format, preview, tee times, and more

The PGA Tour heads to the Big Easy for the annual Zurich Classic at TPC Louisiana, the tour’s only official team event. 80 teams will compete in match play formats such as Best Ball and Alternative Shot. A popular event among PGA Tour players, it’s a great opportunity to earn FedEx Cup points while playing […]