Media news

On Monday, Netflix Inc. (NASDAQ:NFLX) shares edged slightly lower despite reports the company could receive a $900 million windfall from ‘Squid Game’. The video streaming giant measures the success of its shows by impact value, calculated based on how new and existing…

On Friday Walt Disney Co. (NYSE:DIS) shares edged higher 1.33% after news emerged suggesting the company is exploring options to spin off its world-leading sports network ESPN. According to a report published by Dylan Byers on Pluck, Disney CEO, Bob Chapek has…

The U.S. stock market is likely to be eventful in the upcoming weeks as companies continue to report their quarterly results. Ahead of earnings, Mark Mahaney said Netflix Inc (NASDAQ: NFLX) and Uber Technologies Inc (NYSE: UBER) are set to “outperform” in the fourth quarter. Mahaney confirms his…

On Friday, AMC Entertainment Holdings Inc. (NYSE:AMC) shares edged slightly lower ahead of Friday’s US and Canada opening for the latest instalment of the James Bond film series.  James Bond: No Time to Die opens in North America on Friday and based on the positive reviews…

Investors have been putting Walt Disney Co (NYSE: DIS) against Netflix Inc since the start of the year. But Mad Money host Jim Cramer dropped a humble reminder this morning that Disney was much more than its two-year-old streaming service only. Disney to benefit once the global economy reopens…

Netflix Inc (NASDAQ: NFLX) climbed to a record $640 on Wednesday, but New Street Advisors’ Delano Saporu says it could continue the rally until it reports its quarterly results in late October. Saporu’s remarks on CNBC’s “Trading Nation” Despite seeing upside, however, Saporu suggests investors wait until earnings to…

Shares of Meredith Corp (NYSE: MDP) jumped 30% on Friday morning as the Wall Street Journal said Barry Diller’s Interactive Corp (NASDAQ: IAC) was in advanced talks to acquire the Iowa-based media conglomerate. As per the WSJ report, the deal could value Meredith Corp at more…

The BT Group (LON: BT.A) share price rose by more than 3% as London stocks rebounded and after a company made an offer for its sporting franchise. The stock rose to 162p, making it one of the best performing FTSE 100 stocks on Tuesday. DAZN makes a bid for…

On Friday, CuriosityStream Inc. (NASDAQ:CURI) shares surged more than 10% after JPMorgan analysts initiated coverage with an overweight rating. Moreover, the analysts issued a price target of $15.00 per share, implying a 35% upside potential from Thursday’s closing price of $11.07. JPM…

Virtus Investment Partners’ Joe Terranova said last week Netflix Inc (NASDAQ: NFLX) stock was on the verge of breaking above its critical $593 resistance, and it looks like he was right. Shares of the company jumped 4.0% this morning to $613 after Atlantic Equities reiterated its “overweight” rating…

Netflix Inc. (NASDAQ: NFLX) has gained about 20% in the stock market since May 12th. Based on technical analysis, however, Virtus Investment Partners’ Joe Terranova expects a further move up. Terranova’s remarks on CNBC’s “Halftime Report” Terranova says Netflix is on the verge of finally breaking above the critical…

The Walt Disney Co (NYSE: DIS) has not been exciting for its shareholders in 2021, with the stock roughly flat year-to-date. But Deutsche Bank still has high hopes for the mass media and entertainment conglomerate. On Friday, Deutsche Bank’s Bryan Kraft reiterated his ‘buy’ rating on the stock, although…

Forbes Global Media Holdings Inc. and special purpose acquisition company Magnum Opus Acquisition Limited (NYSE: OPA) have entered a definitive agreement to combine their businesses. The companies anticipate closing the dealing in Q4 2021 or at the beginning of Q1 2022. This will enable Forbes to leverage its…

Netflix Inc (NASDAQ: NFLX) has big plans for the fall season. The streaming giant announced it will release 42 original movies by the end of 2021. According to CNBC senior media and tech reporter Julia Boorstin, this marks an increase of more than double compared to what movie lovers…

Morgan Stanley picked the Walt Disney Co (NYSE: DIS) and Netflix Inc (NASDAQ: NFLX) as its top media plays on Thursday, despite people now spending less time indoors as the COVID-19 restrictions continue to ease. The past two quarters have been rough for both companies from the stock…

On Wednesday, ViacomCBS Inc. (NASDAQ:VIAC) shares surged more than 6% after Wells Fargo analysts upgraded the stock to an overweight (buy) rating. Analyst Steven Cahall cited the company’s premium subscriber growth and its user base as potential catalysts that could drive revenue to $8 billion within…

ViacomCBS Inc (NASDAQ: VIAC) started the year at a strongly bullish note rallying about 175% to hit the $100 mark in March. In the subsequent months, however, the mass media and entertainment conglomerate gave up the entire gain to trade at $41 a share at the time of writing.

On Friday, the Walt Disney Co (NYSE:DIS) stock price edged higher 2% after announcing its most recent quarterly results. The company reported its fiscal Q3 revenue and earnings Thursday after markets closed, beating analyst expectations. Disney posted non-GAAP earnings per share of $0.80, beating the consensus…

The Walt Disney Company (NYSE: DIS) reported its strongest quarter since the start of the pandemic last night, but the numbers weren’t enough for Michael Nathanson. Reiterating his ‘neutral’ rating on Disney with a price target of $185, the MoffettNathanson senior research analyst said on CNBC’s “Squawk Box”:…

The Disney (NYSE: DIS) stock price jumped by more than 5% in extended hours after the company published strong quarterly results. The shares rose to $189 after it closed at $179, bringing its total market capitalization to more than $325 billion. Disney strong earnings Walt Disney had a…

The Walt Disney Co (NYSE: DIS) said on Thursday its profit and sales in the fiscal third quarter came in the strongest since the start of the pandemic. Shares of the company were about 6.0% up in after-hours trading. Third-quarter financial performance Disney reported $918 million of net…

The Walt Disney Company (NYSE: DIS) is scheduled to report its second-quarter financial results on Thursday, after the bell. With the stock down more than 10% from its year-to-date high, what the mass media company reports for Q2 and guides for Q3 later tonight will determine if the…