Tag Archives: nflx

Disney’s ‘Bad Dinosaur’: ESPN Loses 7 Mil Subscribers

Walt Disney (DIS) disclosed late Wednesday that ESPN has lost 7 million customers in two years as cord-cutting ramps up and people switch to streaming services such as Netflix (NFLX), Amazon (AMZN) and Hulu. ESPN had 92 million subscribers as of Oct. 3, according to a Walt Disney SEC filing. That’s down from 95 million a year earlier and 99 million in 2013. Most other Disney cable channels lost ground, including ABC Family, Disney Channel and

FANG Gets Sharp As Two Member Stocks Hit New Highs

Two members of Internet foursome FANG — i.e. Facebook (FB), Amazon (AMZN), Netflix (NFLX) and the stock formerly known as Google, Alphabet (GOOGL) — hit new highs Monday, with the other two hovering near new peaks themselves. Amazon shares finished the regular session up 1.6% at a new closing peak of 678.99 in the stock market today, after climbing as high as 682.77 intraday. The e-commerce heavyweight is the go-to destination for over half of all

Apple To Buy Box; Netflix Also In 2016 Predictions

Apple (AAPL) will acquire an online data storage firm such as Box or Dropbox, while video streamer Netflix (NFLX) will offer movie downloads in the U.S., predicts research firm CCS Insight in its 2016 outlook. Both Apple and Box (BOX) have partnered with IBM (IBM) to target the enterprise market — large companies, government agencies and educational institutions. An acquisition would enable Apple to extend iCloud technology into the enterprise