On Monday, Netflix and Comcast each announced $10 million donations, split between groups such as the Los Angeles Fire Department Foundation, World Central Kitchen and the American Red Cross. Both companies also said they are assisting employees directly impacted by the fires.
Disney and Warner Bros. Discovery commit $15 million while Amazon, Netflix and Comcast add $10 million, Sony chips in $5 million while Paramount and Fox contribute $1 million. By Erik Hayden ...
Comcast (and its NBCUniversal subsidiary), Netflix and Amazon each said on Monday that they will donate $10 million to support Los Angeles area wildfire disaster relief and recovery efforts.
Shares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant's big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, ballooning its already sizeable advantage over other players.
Heger, meanwhile, thinks Netflix can find the right balance. The stock is currently up 10% after the company beat the Street's expectations for the top and bottom lines in Q4, punctuated by Netflix announcing that its total number of subscribers had surged past 300 million.
Netflix is now worth more than the combined market capitalizations of the owners of the four U.S. broadcast channels.
On Jan. 23, 2024, Netflix announced it signed a $5 billion 10-year deal with WWE to make it the new home of the entertainment franchise. The live events would be included in every Netflix subscription, with viewers only needing to log into their accounts. The episodes are available for streaming immediately after they are completed.
Comcast pointed out its bundle costs less than YouTube TV, which is $83/month. “Save $150/year over YouTube TV on our new ultimate entertainment experience,” reads the landing
Comcast has introduced a new sports-inclusive TV package that costs $70 per month when paired with an Xfinity Internet subscription.
Comcast’s Xfinity has launched a new sports and news TV package in an effort to compete with YouTube TV and Hulu + Live TV. Xfinity Sports & News is available for $70 per month. In comparison, YouTube Standard and Hulu Live + Hulu with Ads are both available for $82.99 per month.