Streamer turned gamer: Netflix snaps up Walking Dead publisher Next Games in £54m deal March 2, 2022 Netflix becomes the latest tech firm to pivot into the world of gaming, with the streaming giant announcing its acquisition of Finnish firm Next Games in a €65m (£54m) deal.
Telecom chiefs call on EU lawmakers to make Big Tech ‘share the burden’ of investment February 14, 2022 Chiefs at Deutsche Telekom, Orange, Telefónica and Vodafone have called on European lawmakers to push Big Tech to contribute to expanding internet infrastructure.
Ofcom boss bids to regulate Netflix following Jimmy Carr row February 7, 2022 Ofcom chief boss Dame Melanie Dawes has said there would be “real value” in the media and telecoms watchdog regulating Netflix. In an exclusive interview with Channel 4 News, Dawes discusses the controversy surrounding the screening of a Jimmy Carr special in which the comedian made a joke about the Holocaust. In response to whether Ofcom should [...]
Ackman snaps up $1bn Netflix stake to go “all-in” on streaming January 27, 2022 Billionaire activist investor Bill Ackman has revealed he has built a stake in Netflix worth more than $1bn dollars, as the streaming giant battles a spiralling share price and investor exodus. Ackman announced on Twitter yesterday that his firm Pershing Square Capital Management started buying up Netflix shares on Friday and was now a top-20 [...]
“Stay at home” stocks tumble as global covid restrictions ease January 24, 2022 “Stay at home” stocks that boomed during the pandemic have slumped since the start of the year in a sign that investors and economies are beginning to shake off habits picked up through covid lockdowns. Shares in Netflix and Peloton were among the biggest fallers last week as bosses cut back growth projections and warned [...]
Netflix revenue forecast for growth despite encroaching competition January 16, 2022 Netflix’s revenue has been forecast for growth this week, despite its share price tumbling from its record high in November. Revenue is expected to come in at $7.7bn, according to chief market analyst at CMC Markets Michael Hewson, after the streaming giant secured $7.4bn in its third quarter. However, profits are anticipated to be lower, [...]
Netflix tennis doc to capture Novak Djokovic Australian visa drama January 13, 2022 The Novak Djokovic Australian Open visa saga is set to feature in a new fly-on-the-wall docuseries to be shown on Netflix, according to reports. The makers of smash-hit Formula 1 show Drive To Survive are currently filming a tennis version featuring some of the biggest names on the men’s and women’s tours, says the Mail. [...]
Netflix challenges broadband fees for big tech companies December 19, 2021 Netflix has attacked plans that would let broadband giants charge tech companies for access to their networks.
Disney+ subscribers to exceed Netflix by 2027 adding 140m new users November 17, 2021 It is reported that Disney+ will be the biggest player, adding 140 million subscribers between 2021 and 2026 to take its total subscription base to to 271 million, according to new research.
Netflix renews contract to double the size of Shepperton Studios November 16, 2021 Netflix renews contract with the Pinewood Group for the use of Shepperton Studios that will double the size of its production space at the production facility. The Surrey-based facility is also set for a major expansion that will add almost 1 million square feet of new production space, with the overall studio set to comprise [...]