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21.01.26 - 00:54
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MNTN CEO: WBD′s Ad Sales Could be a ′Hidden Gem′ for Netflix (Bloomberg)
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Mark Douglas, MNTN CEO, says Warner Bros. has a well established advertising business, while Netflix is still building its ad platform. He tells Romaine Bostick and Katie Greifeld on “The Close” that Warner Bros.' ad sales team could be a hidden gem if Netflix wins the acquisition battle. (Source: Bloomberg)...
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21.01.26 - 00:36
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Fmr. Netflix Exec Reacts to 4Q Results, Content Strategy (Bloomberg)
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Simon Gallagher, SPG Global managing director and former strategy and content acquisition executive at Hulu and Netflix, says unlike YouTube, Netflix needs to focus on premium scripted and unscripted content rather than user generated programming. He speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)...
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21.01.26 - 00:18
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Netflix to Boost Program Spending, Crimping Profit as it Pursues WBD (Bloomberg)
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Netflix delivered fourth-quarter results that largely beat Wall Street estimates but issued a cautious forecast for the months ahead, citing higher program spending and the cost of closing its deal with Warner Bros. Discovery. The streaming leader said it plans to increase spending on films and TV shows by 10% in 2026 while forging ahead with plans to buy the studio and streaming business of Warner Bros., a deal that would unite two of the world's largest entertainment companies. Netflix spent about $18 billion on programming last year, with subscribers growing almost 8% to top 325 million. Bloomberg News Senior Editor and Entertainment Team Leader Chris Palmeri joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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20.01.26 - 23:42
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United Airlines Q4 Profit Increases (AFX)
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WASHINGTON (dpa-AFX) - United Airlines (UAL) reported its financial results for the fourth quarter, which ended on December 31, on Tuesday.The company reported revenue passenger miles or traffic o......
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20.01.26 - 22:48
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Netflix Inc. Announces Increase In Q4 Profit (AFX)
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WASHINGTON (dpa-AFX) - Netflix Inc. (NFLX) announced earnings for its fourth quarter that Increased, from the same period last yearThe company's earnings came in at $2.419 billion, or $0.56 per sh......
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