netflix Netflix Exceeds Q1 Subscriber Expectations Despite Weak Q2 Forecast Netflix adds a record 9.6 million paid subscribers in the first quarter of 2019, beating analyst predictions. However, shares dip after-hours as the company projects slower growth for the second quarter.
hulu Hulu Buys Out AT&T Stake in $15 Billion Valuation Deal Hulu pays $1.43 billion to acquire AT&T's 9.5 percent minority stake, boosting the streaming service's valuation to $15 billion. The deal allows AT&T to reduce debt while it prepares to launch its own competing streaming platform.
disney plus Disney Reveals Disney+ Pricing, Launch Date, and Content Lineup Disney announces that its ad-free Disney+ streaming service launches in the US on November 12 for $6.99 per month. The platform features a massive library of beloved franchises and exclusive original series.
avengers endgame Avengers: Endgame Shatters Box Office Records with Historic $1.2 Billion Global Debut Marvel's highly anticipated finale earns an estimated $350 million domestically and $1.2 billion globally in just five days, breaking numerous industry records along the way.
disney Disney Streaming Losses Hit $580 Million Due to Hulu Investment Disney reports a massive $580 million loss for the last fiscal year, driven primarily by its financial stake in Hulu. The company prepares to launch Disney+ while planning to increase its investment in the struggling streaming platform.