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Netflix joins elite club as its market value reaches 12 digits

With a humongous subscriber base and an impressive first quarter, Netflix is currently shining bright as its shares surged by 10%,  setting a new record. As a result, the streaming giant’s market value stands at a whopping USD 110 billion. According to another report, Netflix is now one of the 59 companies in the S&P …

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Disney-Fox M&A won’t be a threat for Netflix, says Evercore

Disney’s recent acquisition of Fox assets has created worries in the industry that Netflix Inc. will be overtaken by Walt Disney Co. in terms of market share. Analysts at Evercore said that Disney spending over $50 billion to include 21st Century Fox Inc.’s entertainment assets in its streaming service are overblown. Lead analyst Anthony DiClemente …

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Disney buying stake in 21st Century Fox

According to The New York Times, Disney is buying a stake in 21st Century Fox, in an all-stock deal valued at around $52.4 billion. The deal will relieve Rupert Murdoch of his entertainment assets. This deal will promote Disney’s new streaming platform due for launch in 2019, giving the company the rights to premium assets …

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Disney brings SVOD service to Ireland

The Walt Disney Company has launched its family-focused SVOD service DisneyLife in Ireland. The service will be available in a multi-account option for families and is priced at €6.99 (US$8.25) per month. The service will offer Disney, Pixar, and blockbuster films and TV series. The service is also kid-friendly as they can create individual profiles …

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Streaming service by Disney to be priced at $5 per month

Disney’s branded streaming service is likely to be priced at $5 per month as per MoffettNathanson analyst Michael Nathanson. Further according to Nathanson, the new Disney Streaming service and upcoming ESPN streaming service need to be clearly distinguished. ESPN service which will likely be ready to go fully over-the-top as per the report will test …

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