It may be home to the Magic Kingdom, but the 99-year-old global entertainment giant Walt Disney Co. has proven that, come what may, it is once again a modern money-making machine. “In the midst of a global pandemic, fast-changing consumer expectations and a leadership transition,...
Verizon Communications Inc. said that as most of its stores shuttered following the COVID-19 lockdown, more than 500,000 retail postpaid net losses has led the telecommunications company to withdraw its full-year revenue outlook. In its filing with the Securities and Exchange Commission (SEC) on Friday (April...
Call it, in a way, the power of the lockdown. As we’ve detailed in this space in the past, the coronavirus has shifted all manner of commerce and consumption toward online conduits. Nowhere is that more apparent than in the continuing shift to streaming media...
The streaming wars have started in earnest, and with the first Netflix earnings reports since late 2019, dual launches of Disney+ and Apple TV’s streaming services clearly have the digital streaming giant starting to feel the pinch. Netflix reported earnings for the first quarter (Q4...
August 29, 2019
Peloton is coming to market with its IPO. A look at the S-1 filing reveals an embrace of the razor/razor blade model that melds (pricey) exercise hardware with content (classes and music). The recurring revenues may be attractive, but risks and red ink abound.
May 25, 2017
There are few experiences more miserable for both parties than trying to resolve a technical problem with a service over the telephone. The customer, already frustrated that their service is...
October 18, 2022
Netflix added 2.4 million subscribers in its most recent quarter as it surpassed its competitors in user engagement. In a letter to its shareholders Tuesday (Oct. 18), the company said its revenue, operating income and membership slightly exceeded its forecasts in the third quarter of 2022. The streaming giant said the quarter saw it release […]
February 09, 2022
It may be home to the Magic Kingdom, but the 99-year-old global entertainment giant Walt Disney Co. has proven that, come what may, it is once again a modern money-making...
April 24, 2020
Verizon Communications Inc. said that as most of its stores shuttered following the COVID-19 lockdown, more than 500,000 retail postpaid net losses has led the telecommunications company to withdraw its full-year...
December 04, 2019
Silicon Valley startup Robinhood has signed over 10 million subscribers to its free stock-trading service, the company said in a blog post on Wednesday (Dec. 4). The company, which launched...
