Games/Entertainment
Netflix to Raise Prices Following Record $1.9B Earnings From Live Events During Holiday Season
Netflix gained 19M holiday-season subscribers with live events, boosting profits, revenue, and plans for price hikes while expanding its ad-supported tier.
Ad-Supported Streaming Boosts Disney's Global Reach to 157M Users
Disney reports 157 million global monthly active users on its ad-supported streaming services, with ad revenue becoming a key driver for profitability across Disney+, Hulu, and ESPN+.
Hybe Shares Plunge and Loses $423M After NewJeans Announces Contract Termination
NewJeans' contract termination from HYBE's sub-label ADOR, citing mistreatment and contract violations, causes a $423 million drop in HYBE's market value.
Disney's 'Moana 2' Expected to Lead Post-Pandemic Thanksgiving Box Office Recovery With $120M-$150M
Moana 2, alongside Wicked and Gladiator II, is set to make Thanksgiving 2024 the most lucrative post-pandemic holiday box office period, potentially exceeding $200 million.