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Posts Tagged ‘Streaming Service’

Disney Announces Earnings and Names its New Streaming Service

Disney reported its fourth quarter financial report that beat what analysts were expecting. For the quarter the company reported earnings per share of $1.48 versus the $1.34 expected by Wall Street. Revenue also beat easily at $14.31 billion compared to the $13.73 billion expected. Analysts chimed in on what they thought of the company’s earnings…

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Netflix Issues Impressive Guidance and Stellar Q3 Financial Results

Netflix reported third quarter financial results that thrilled Wall Street. The e-streaming giant beat on earnings and came inline on revenues. For the quarter, earnings per share at 89 cents was higher than the 68 cents that was expected by a Refinitiv consensus estimate. Net income soared to $402.8 million, or 89 cents per share,…

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AT&T Says it Will Launch a New Service that Rivals Netflix

Looks like Netflix may have to welcome a new cowboy in town. AT&T has announced that it will be launching a streaming service in 2019 that will rival Netflix. The service will be anchored by HBO as the lead brand and will host of all WarnerMedia’s other properties. This includes movie and TV franchises. It…

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