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Stockreport

Disney's plans to future-proof its TV business could help kill the cable bundle even faster than expected [Business Insider]

Netflix, Inc. (NFLX)  More Company Research Source: Business Insider
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
By launching a stand-alone streaming version of ESPN, the company could cannibalize the bundle. For over a decade, consumers have been increasingly ditching the pay-TV bundle . Recently, media firms have seemed to follow suit — none more so than Disney. The shift from traditional TV was gradual at first. Media giants that clung to the safety and steady profits of the pay-TV bundle envied Netflix's success, so they built their own streaming services. They lured subscribers by putting some of their best content there, often exclusively, instead of on cable. In turn, cord cutting has rapidly accelerated But while media companies like Disney building Netflix competitors irked pay-TV providers, some of their latest moves have been seen as more akin to acts of treason The Mouse House enraged pay-TV giants by teaming up with rivals Fox and Warner Bros. Discovery to form sports streaming service Venu, which promised to offer access to tons of live sports at less than half the cost of [Read more]

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Stockreport

Disney's plans to future-proof its TV business could help kill the cable bundle even faster than expected [Business Insider]

Netflix, Inc.  (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
By launching a stand-alone streaming version of ESPN, the company could cannibalize the bundle. For over a decade, consumers have been increasingly ditching the pay-TV bundle . Recently, media firms have seemed to follow suit — none more so than Disney. The shift from traditional TV was gradual at first. Media giants that clung to the safety and steady profits of the pay-TV bundle envied Netflix's success, so they built their own streaming services. They lured subscribers by putting some of their best content there, often exclusively, instead of on cable. In turn, cord cutting has rapidly accelerated But while media companies like Disney building Netflix competitors irked pay-TV providers, some of their latest moves have been seen as more akin to acts of treason The Mouse House enraged pay-TV giants by teaming up with rivals Fox and Warner Bros. Discovery to form sports streaming service Venu, which promised to offer access to tons of live sports at less than half the cost of [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NFLX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
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MAX DOWN
Low:
%
POST NEWS RANGE
%
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S&P 500 (SPX)

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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS