AT&T and Discovery to create $150bn media empire to take on Netflix in streaming wars May 17, 2021 AT&T and Discovery near deal to create $150bn media empire to take on Netflix in streaming wars
Screenshot: Is the Super League the biggest PR disaster of all time? April 23, 2021 This week **Media Moment of the Week: Radio loses a legend **Is the Super League the biggest PR disaster of all time? **Is Netflix’s pandemic party finally over? Media Moment of the Week: Radio loses a legend For many Brits, radio has been a much-needed source of entertainment (and company) during the pandemic. But long [...]
Netflix catches a chill while inflation is knocking at the door April 21, 2021 When you see American Airlines fall 8 per cent because it announced a bigger-than-expected loss in the first quarter, you are fine with that information. But when you see Netflix plunge 10 per cent after-market because it missed estimates, that’s a shocker. Netflix surprised to the downside yesterday, according to Ipek Ozkardeskaya, a senior analyst [...]
Production delays weigh on Netflix as firm misses new subscriber forecasts April 20, 2021 Netflix added fewer subscribers that than predicted in the first quarter as its pandemic momentum slowed up due to production difficulties. The tech giant added 3.98m subscribers in the first three months of 2021, below the 6.3m forecast by Refinitiv analysts. The misstep sent shares tumbling 10 per cent in post-market trading. In a statement, [...]
Netflix lookahead: What to expect from the streaming giant’s earnings April 20, 2021 Netflix is leading the charge in a busy schedule of US earnings today, reporting first-quarter figures after the bell. The Silicon Valley streaming giant, which now has more than 200m subscribers, has cashed in on higher demand for at-home entertainment during the pandemic. With most lockdown measures still in place in the first three months [...]
Harry and Meghan score first win with Netflix as Invictus Games doco gets greenlight April 6, 2021 The first show from the Duke and Duchess of Sussex’s Netflix deal will be a docuseries about the Invictus Games, the streaming giant said today.
Pandemic binge-watching drives UK entertainment spend to record high March 3, 2021 UK spending on films, music and gaming increased to a record high last year, driven by increased demand for streaming during Covid-19 lockdowns. Retail entertainment spend increased 18 per cent to a record £9.3bn in 2020, marking the eight successive year of growth in the sector and the fastest growth rate ever recorded. The final [...]
The show must go on: How UK film and TV ploughed through the pandemic February 6, 2021 From Tiger King to The Serpent, hit TV shows have become cultural currency in an era defined by lockdowns. With millions of Brits forced to stay at home, film and TV has been one of the few avenues for entertainment over the last year, providing a much-needed dose of escapism during the pandemic. But for [...]
Netflix pays £3.2m in UK corporation tax as it ramps up British-made shows January 22, 2021 Netflix pays £3.2m in UK corporation tax as it ramps up British-made shows
Netflix beats estimates as lockdown reels in 8.5m new subscribers January 19, 2021 Netflix hurtled past Wall Street estimates for the holiday season, the company announced today, as it reeled in record numbers of new customers stuck at home during lockdowns around the globe. The US firm added more than 8.5m paid subscribers in the four months to 31 December, beating analysts’ expectations of 6.1m. Shares rose 11.4 [...]
