The demise of mobile-streaming platform Qibi six months after its demise is a prime example of Hollywood’s struggles to build a business with short form content. QB may be the most well-known and best-funded attempt to break the short-profile, but it is far from the only one. The corpse of …
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David Tepper’s fund Appaloosa took a number of new strikes in most communications services, technology and payment platforms over the past 45 days, according to regulatory filings filed with the Securities and Exchange Commission on Friday, known as 13Fs. Appaloosa has acquired more than 9 million shares in AT&T T, …
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Text size Melinda Sue Gordon / Warner Brothers The release of another highly successful film has been delayed. However, studios have another option for movie release, even if they seem reluctant to use it. Warner Bros., the Hollywood studio owned by AT&T (ticker: T), delayed the release date of Beginning, …
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Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
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Shares of the video streaming giant are trading sharply lower after hours on Thursday amid signs that the company’s Covid-19-fueled growth is coming to an end. In the June quarter of Thursday, Netflix added 10.1 million new net subscribers, above the company’s forecast of 7.5 million, but fell short of …
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