|Bid||318.52 x 200|
|Ask||318.76 x 100|
|Day's Range||318.37 - 324.11|
|52 Week Range||138.66 - 333.98|
|PE Ratio (TTM)||254.76|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Investors looking for the next Netflix should consider this concrete producer, solar-equipment provider, and e-commerce facilitator.
Television and movie producer Gavine Polone is suing Warner Bros., Time Warner and CW Network, to seek his share of the profits from the “Gilmore Girls” series and its Netflix revival. Polone filed a civil lawsuit in Los Angeles Superior Court Thursday accusing several Warner Bros. units, including Warner Bros Television Production and WB Studio Enterprises, and parent Time Warner (TWX) of breach of contract, fraud and unfair business practices to deprive Polone and his company, Hofflund/Polone, of their cut of the show’s profits, reported Deadline.com .
On March 14, 2018, Disney (DIS) announced the strategic reorganization of its business in order to be well placed to compete with Netflix (NFLX) as it gets ready to start its own streaming service. Under the new structure, Disney’s direct-to-consumer services and technology and international media operations will be consolidated into a single global business. Disney has also taken a controlling stake in streaming technology company BAMTech, which will help it power its streaming service and the ESPN+ streaming platforms.
Though Prime Video has seen impressive growth, Netflix appears to still have a big edge in both total usage and viewing rates for marquee originals.
Apple is planning to draw down its net-cash balance over time. The company will likely still return significant amounts of cash to shareholders, and it could also seek to address supply-chain issues or ...
Next week is the beginning of a massive anti-trust case in Washington. The federal government takes on AT&T over their acquisition of Time Warner. The government sued to block the deal in November saying its bad for consumers. AT&T claims blocking the transaction is denying consumers the kinds of vertically integrated products you can get from Comcast/NBCU, Netflix, Google, Amazon, and Facebook.
Jim Cramer isn’t chill about the haters of Netflix, and uncovers why Wall Street skeptics missed the massive move on the stock.