After a topsy-turvy week, the thought occurred to me during AT&T’s investor call on Thursday: What if John Stankey wound up on the winning side of the streaming wars? Netflix took a nosedive on…
’s investor call on Thursday: What if John Stankey wound up on the winning side of the streaming wars?
The jolt that the news of six-figure losses in Q1 and a projected seven-figure loss for Q2 packed a wallop on Netflix stock price. It also dealt a blow to the Hollywood psyche about the long-term promise of streaming, reminiscent of how the earth quaked in August 2015 when then-Disney CEO Bob Iger acknowledged that even the mighty ESPN had faced “some subscriber losses.”
The sense of relief in the AT&T CEO’s voice came in crystal clear even through the tinny webcast audio. The telco giant is glad to be seeing WarnerMedia in the rear-view mirror after closing the spinoff transaction with Discovery on April 8.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Netflix Stock Crash: Chickens Coming Home To RoostNetflix now finds itself as just one of several streaming platforms, meaning it will be judged on the same scale as its competitors.
Leer más »
Vox says Disney's the victim: ‘Found itself’ caught in the ‘middle of a culture war’, ‘hates being there’A Vox reporter claims that Disney, a company marked by its 'inoffensiveness,' is an 'appetizing target' for Florida Gov. Ron DeSantis' culture war 'posturing.'
Leer más »
A’s Stephen Piscotty off COVID-19 list, will start vs. RangersA’s outfielder Stephen Piscotty goes back into starting lineup on first day back after contracting COVID-19.
Leer más »
Nine things we’ve learned about the Oakland A’s so farFrom catcher Sean Murphy and center fielder Cristian Pache to infielders Sheldon Neuse and Tony Kemp, the A’s have exceeded early expectations.
Leer más »
San Mateo’s Mickey McDonald makes A’s debut; Stephen Vogt placed on injured listSan Mateo’s Mickey McDonald, from Serra High and University of Illinois-Chicago, made his big league debut for the A’s.
Leer más »
BMW Z8 Roadster | SpottedTwenty years ago, the 400hp Z8 made a fairly mediocre case for itself - what about now?
Leer más »