Jodie Comer and Sandra Oh graced the premiere of BBC America and AMC’s ‘Killing Eve’ at ArcLight Hollywood on April 01, 2019, in Hollywood, California. Emma McIntyre | Getty Images Streaming services are increasingly depending on pay TV. Warner Bros. Discovery‘s Max is set to showcase over 200 episodes of recent AMC Networks content for …
Members of the United Auto Workers union recently organized a rally and picket near a Stellantis plant in Detroit on August 23, 2023. This is just one example of workers across various industries taking a strong stance and demanding higher pay and improved quality of life. The COVID-19 pandemic, along with increased company profits, inflation, …
Marvell Technology Group Source: marvell.com Explore the companies making headlines before the market opens. Marvell Technology— Despite beating Wall Street’s expectations for the recent quarter, shares of Marvell Technology fell over 3% in pre-market trading. Marvell reported earnings of 33 cents per share, excluding items, on $1.34 billion in revenue. Analysts surveyed by Refinitiv had …
In Dusseldorf, Germany, the exterior of a Peloton store was photographed on February 5, 2022. The fitness company reported its fourth fiscal quarter results on Wednesday, revealing a wider loss than expected and a decrease in new subscribers. This was attributed to the recall of the Bike seat post and seasonality. As a result, Peloton’s …
Nvidia, the chipmaker headquartered in Santa Clara, California, saw a 1.8% increase in its stock before the release of its quarterly report. The company has been performing exceptionally well due to the growing demand for AI technology, with its shares rising by a staggering 220% this year. Meanwhile, Peloton, the fitness company, experienced a significant …
The Writers Guild of America (WGA) and the Screen Actors Guild members continue their strike against Hollywood producers as negotiations become increasingly tense. The Alliance of Motion Pictures and Television Producers (AMPTP) has publicly revealed their latest contract proposal, which addresses key concerns such as residuals and compensation, artificial intelligence, and increased transparency in the …
Adyen’s first-half sales report resulted in a significant miss, leading to a $20 billion decline in market capitalization. The company, which initially experienced growth and success in Europe’s technology sector, faced challenges due to the impact of the global pandemic on travel volumes. Despite expanding aggressively in North America and hiring additional staff to drive …
Simpson33 | Istock | Getty Images The decline of traditional TV continues, even as the prices of streaming services rise. In July, total traditional TV usage (including broadcast and pay-TV) dropped below 50% for the first time ever, according to Nielsen’s monthly streaming report, The Gauge. Pay-TV usage fell to 29.6%, while broadcast dropped to …
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney is entering the battle against password sharing in the streaming industry. CEO Bob Iger announced during Wednesday’s earnings call that the company is actively investigating account sharing …
Members of the Writers Guild of America and the Screen Actors Guild are on strike outside Disney Studios in Burbank, California, on July 18, 2023. Robyn Beck | AFP | Getty Images Disney has reported mixed results for its fiscal third-quarter, despite ongoing struggles with streaming and significant restructuring costs. During the last quarter, Disney+ …