Thursday, March 28

Tag: Walt Disney

Netflix forecast disappoints ahead of Disney+ launch
News

Netflix forecast disappoints ahead of Disney+ launch

Netflix gave a weak forecast that unnerved investors just as Walt Disney and others prepare to escalate Hollywood’s streaming video wars, although the company’s quarterly results beat Wall Street targets. Shares of Netflix traded down about 1 percent at $355.02 in after-the-bell trading. Netflix predicted it would pick up 5 million new streaming subscribers from April through June. That was below the 5.48 million consensus of industry analysts surveyed by FactSet. “What’s making investors nervous is that there are signs of a slowdown in the second-quarter subscriber growth,” said Haris Anwar, senior analyst at Investing.com. “This is made all the more prominent by the looming threat of competition from Disney and Apple.” Netflix added a record number of paid streaming customer...
Walt Disney Acquire 21st Century Fox in $52.4 billion stock deal
News

Walt Disney Acquire 21st Century Fox in $52.4 billion stock deal

BURBANK, Calif. & New York-- The Walt Disney Company to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses, for approximately $52.4 billion in stock (subject to adjustment). Building on Disney’s commitment to deliver the highest quality branded entertainment, the acquisition of these complementary assets would allow Disney to create more appealing content, build more direct relationships with consumers around the world and deliver a more compelling entertainment experience to consumers wherever and however they choose. Immediately prior to the acquisition, 21st Century Fox will separate the Fox Broadcasting network and stations, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten ...
YouTube Steps Up Takedowns As Concerns About Kids’ Videos Grow
Tech

YouTube Steps Up Takedowns As Concerns About Kids’ Videos Grow

YouTube stepped up enforcement of its guidelines for videos aimed at children, the unit of Alphabet Inc’s Google said on Wednesday, responding to criticism that it has failed to protect children from adult content. The streaming video service removed more than 50 user channels in the last week and stopped running ads on over 3.5 million videos since June, YouTube vice president Johanna Wright wrote in a blog post.  “Across the board we have scaled up resources to ensure that thousands of people are working around the clock to monitor, review and make the right decisions across our ads and content policies,” Wright said. “These latest enforcement changes will take shape over the weeks and months ahead as we work to tackle this evolving challenge.” YouTube has become one of Google...
China to go after online retail sales in fight against fakes
CHINA

China to go after online retail sales in fight against fakes

China plans to crack down on the sale of fake goods online by using cloud computing, big data and tighter rules on user identity in its latest moves to quash counterfeiting. China has been trying to reign in its counterfeiters, who have copied everything from Apple iPhones to Louis Vuitton handbags, since it joined the World Trade Organization in 2001 and was required to adhere to global standards on intellectual property rights. The country plans to eradicate intellectual property rights infringement on the internet within 3 years, it said in a posting by China's cabinet on its official website on Saturday. China will promote the use of a "real-name system" on the internet and electronic tags to make it easier to track goods and the identities of offenders, the statement said. ...
Top 5 Ronnie Screwvala Quotes for Entrepreneurs!
Story

Top 5 Ronnie Screwvala Quotes for Entrepreneurs!

For a man who is nothing but a media genius and has dabbled with multiple businesses like Toothbrush manufacturing, Cable TV, UTV Motion Pictures, and off late with ventures like Authoring his own book - Dream with your eyes open: An Entrepreneurial Journey, Lenskart, Zivame, etc. Ronnie Screwvala is nothing short of an inspiration for many Entrepreneurs to be! For a man whose favorite words are "Disruptive" and "Failure", Ronnie seems to have successfully won over the typical Indian mentality that highly thrives on the false sense of security. His latest book has an astounding budget of a never heard of Rs. 5 Crore budget for production and marketing in the Indian Publishing Business and is nothing short of a testimony to his belief in being disruptive and not being intimidated by failur...