Beware of the big promises of AI – we’ve been here before November 18, 2024 AI hype is everywhere, but we've been here before. Ian Whittaker prescribes a healthy dose of scepticism in today's Notebook.
Investors brace for Netflix third quarter results screening October 13, 2024 Netflix is set to post quarterly earnings on Thursday, with analysts expecting another strong set of results from the king of streaming. An analyst consensus has forecast third quarter sales of around $9.8bn (£7.5bn) up 14 per cent year-on-year, and net income of $2.2bn (£1.7bn), with earnings per share expected at $5.07 (£3.88). In July, [...]
Disney hikes prices of its streaming services as profit booms August 7, 2024 Disney beat expectations in its third quarter revenue and earnings, swinging back from heavy losses as it hiked its streaming services prices. Pre-tax profit soared to $3.1bn (£2.4bn) in the third quarter, up from losses of $134m (£105m) the previous year. The company’s streaming business turned profitable for the first time, buoyed by the success [...]
Disney’s Magical Cruise Company sails ahead as Disneyland parks struggle July 24, 2024 According to recently filed accounts, Disney’s cruise line sailed past the £1.6bn ($2bn) revenue mark in 2023 for the first time in its 25-year history, thanks to a surge in demand as it emerged from the pandemic. Disney’s filings in the United States don’t disclose the results of all of the businesses it owns and [...]
Peacock TV: Revenue plummets by £100m as European streaming services axed July 16, 2024 The European arm of US streaming giant Peacock TV saw its revenue plummet by more than £100m in the year before it was axed from Sky, according to newly-filed documents.
Rupert Murdoch’s Fox to roll out free Tubi streaming service in UK to rival Disney+ and Netflix July 2, 2024 Rupert Murdoch’s Fox Corporation is set to launch its ad-supported free streaming service, Tubi, in the UK.
Disney helps propel Excel London to year of record-breaking success June 19, 2024 Excel London, the UK's largest exhibition centre, has had a record-breaking year as a surge in visitors boosts its revenue to its highest level ever.
Disney+ price rises help UK sales surge towards £4bn on back of The Bear and Welcome to Wrexham June 4, 2024 The popularity of Disney+ in the UK helped the entertainment giant's sales take a giant leap towards the £4bn mark in the country during its latest financial year.
Disney streaming turns profit for first time since launch on back of the Bear May 7, 2024 This comes after Disney's streaming service has lost around $11bn since launching in 2019, including $587m (£467.58m) a year earlier, in the same period.
Super Wings: Maximum Speed review – a colourful distraction May 7, 2024 Super Wings isn’t Pixar and may leave parents a bit detached. However, as a colourful distraction for pre-schoolers, it delivers.