Games/Entertainment

Netflix to Stop Reporting Subscriber Numbers By 2025; Tells Wall Street to Just Focus on Profits

Netflix's decision to cease reporting quarterly subscriber numbers heralds a shift in focus towards financial metrics like revenue and free cash flow, indicating its evolution beyond the "streaming wars."


CI Games, Developer of Lords of the Fallen, Reports Best-Ever Year With 400% Revenue Surge After 10% Job Cuts

Lord of the Fallen developer CI Games reports a record-breaking 400% surge in company profits, just after implementing a 10% job cut that it received criticism for earlier in the year...

Disneyland Cast Members Move One Step Closer to Unionizing as They File for Union Vote

Disneyland cast members who work in the shows, parades, and visitor meet-and-greets at the amusement park are getting closer to becoming a union...

TicketMaster Parent Live Nation to Face DOJ Antitrust Lawsuit Soon: Report

The US Department of Justice (DOJ) reportedly plans to sue Live Nation, the parent company of Ticketmaster, for federal antitrust violations...


Latest News

Nintendo to develop 'quality of life' device to track sleep, fatigue: CEO
Japanese video game maker Nintendo Co Ltd will develop a device to measure a user's fatigue and map their sleep, Chief Executive Satoru Iwata said on Thursday, the first offering from the company's ne
U.S. TV startup Roku to confidentially file for IPO
U.S. TV startup Roku Inc is working on plans to confidentially file for an initial public offering, the Wall Street Journal reported, citing people familiar with the matter.
Billionaire Mark Cuban says he is buying Netflix shares
Mark Cuban, the billionaire investor and owner of the Dallas Mavericks basketball team, is buying Netflix Inc (NFLX.O) shares because he considers the video streaming company to be an acquisition targ
NBA inks long-term rights deals with Disney, Time Warner
The National Basketball Association has reached long-term media rights contracts with Walt Disney Co and Time Warner Inc's Turner Broadcasting, more than doubling the fees it received under the previo
Euro Disney agrees to funding deal backed by Walt Disney
Euro Disney (EDLP.PA) said on Monday it had agreed a 1 billion euro funding deal backed by its largest shareholder, the Walt Disney Co (DIS.N), which includes a share sale and a debt restructuring, to
Verizon's Redbox Instant video streaming service to shut down
Redbox Instant, a streaming video service operated by Verizon Communications Inc (VZ.N) and Outerwall Inc's (OUTR.O) Redbox, will shut down next week because the venture has not been as successful as
DirecTV keeps NFL Sunday Ticket in $1.5 billion a year deal
DirecTV (DTV.O) extended its exclusive contract to sell the Sunday Ticket package of National Football League games, and sources said the company will pay $1.5 billion a year to keep the popular offer
Japan's SoftBank in talks to buy DreamWorks: media reports
Japan's SoftBank (9984.T) is in talks to acquire DreamWorks Animation SKG (DWA.O) in a deal that valued DreamWorks at as much as $3.4 billion, media reported on Sunday.
Sony PlayStation TV to hit stores on October 14
Sony Corp said PlayStation TV set-top box, which allows users to access movies and TV episodes from the PlayStation store, will hit stores in the United States and Canada on Oct. 14.
Facebook's Oculus unveils new virtual reality prototype device
Facebook Inc's Oculus VR unit announced an upgraded prototype of its virtual reality headset that has higher resolution and built-in audio, but the company said it is not ready to sell a device to con
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