Former NBC Cable President Tom Rogers is dialing again his bullishness on Netflix. The media trailblazer, who was a self-proclaimed “raging bull” on Netflix, instructed CNBC’s “Quick Cash” this week he is beginning to fear — and listed competitors with free content material on YouTube as a headwind. “[Netflix] nonetheless [has] extra hit reveals than … Read more
[ad_1] Earlier this yr, YouTube turned the most-watched video supplier on televisions within the US, and Nielsen knowledge exhibits its lead has solely grown since then. YouTube’s income final yr was $54.2 billion, making it the second-largest participant within the leisure enterprise, behind solely Disney. In keeping with a Wall Road Journal report, extra folks … Read more
[ad_1] When Netflix reports its second quarter on Thursday afternoon, the Ginny & Georgia streamer will look to keep up a hot streak that began at the end of 2023. Wall Street analysts are expecting earnings per share of $7.08, up from $4.88 last year, and revenue of $11.1 billion, up 16%. After its sales … Read more
