[ad_1] Peloton reported its results Wednesday for a quarter its CEO warned would be among its most challenging. The connected fitness company posted a wider-than-expected loss but beat sales expectations.…
Tag: Netflix Inc
Hollywood producers take heated negotiations with writers union public, revealing latest offer
[ad_1] Members of the Writers Guild of America (WGA) and the Screen Actors Guild walk the picket line outside of Netflix in Hollywood, California, on August 9, 2023. Frederic J.…
Broadcast and cable make up less than half of TV usage for the first time ever
[ad_1] Simpson33 | Istock | Getty Images The decline of traditional TV continues, even as the prices of streaming services rise. Total traditional TV usage, comprised of broadcast and pay…
Disney says it will crack down on password sharing, following Netflix’s lead
[ad_1] The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney is…
No more freebies: Companies crack down on customer perks and rewards
[ad_1] Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting…
Hollywood producers seek sit-down with striking writers, the first sign of stalemate break
[ad_1] Picketers walk outside the Walt Disney Studios in Burbank, CA on Tuesday, June 6, 2023 as the Writers Guild of America strike enters the sixth week. Myung J. Chun…
Legacy media companies enter dark times as failures mount and Netflix rises again
[ad_1] Bob Iger, CEO of The Walt Disney Company, left; David Zaslav, CEO and president of Warner Bros. Discovery, center; and Bob Bakish, president and CEO of Paramount Global. Getty…
Check out this $110 million tech campus being built in Lithuania — the largest in Europe
[ad_1] The development, from Lithuanian infrastructure firm Tech Zity, is inspired by British renovation projects like the Battersea Power Station and Tate Modern art gallery. Tech Zity Lithuania is building…
Disney continues its ruin of streaming in pursuit of the almighty dollar
[ad_1] Walt Disney Co. Chief Executive Bob Iger wants the company’s streaming business to be more like Netflix, but he may further ruin it in his pursuit. The company announced…