Liberty Global, the European cable operator conglomerate headed by chairman John Malone, announced a multiyear deal extension with Netflix covering its European footprint. The renewed distribution agreement will run for three years.
22.01.2020 - 01:06 / deadline.com
By Jill Goldsmith, Dade Hayes
Netflix racked up 8.76 million global paid subscribers last quarter — hitting 167.1 million — beating expectations overall but still soft on U.S. additions. Earnings in the fourth quarter popped and revenue came in a hair higher than anticipated, the company said Tuesday.
Fourth-quarter revenue came in at $5.47 billion, versus $4.2 last year. Earnings per share of $1.30 topped 30 cents the year earlier and Wall Street estimates of 53 cents.
The latest
Liberty Global, the European cable operator conglomerate headed by chairman John Malone, announced a multiyear deal extension with Netflix covering its European footprint. The renewed distribution agreement will run for three years.
By Jill Goldsmith
By Anthony D'Alessandro
Baby on board! Meek Mill confirmed his girlfriend Milan Harris’ pregnancy for the first time on Wednesday, February 5.
Congratulations are in order!
Music streaming giant Spotify on Wednesday said it swung to a fourth-quarter operating loss as it grew its user base to 124 million premium, or paid, subscribers and 271 million total active monthly users as of the end of 2019."This was the highest net add quarter we’ve ever experienced," the company said.It highlighted that promotions, including a "3 months on us" introductory offer, helped drive user growth, but also affected revenue.
Spotify reported its best-ever net adds for Premium subscribers and topped guidance for total monthly active users for the fourth quarter of 2019, as the audio-streamer said it plans to double down on podcasting in 2020.
“Thor” star Tom Hiddleston is set to front a 10-part political thriller for Netflix, Variety has confirmed.
By Nellie Andreeva
YouTube Music and YouTube Premium together have more than 20 million paying subscribers, and YouTube TV — Google’s over-the-top subscription TV service — has more than 2 million subscribers in the U.S.
AT&T’s top line was stung by its investment in HBO Max in the fourth quarter of 2019 to the tune of $1.2 billion in “foregone licensing revenues.” The telco also continued to see rapid deterioration in its pay-TV business, losing a total of nearly 1.2 million subscribers in Q4.
Man City are close to signing Inter Milan defender Milan Skriniar, according to reports.
Netflix has finally revealed when Altered Carbon will return for Season 2 — and it's really soon. The sci-fi drama's second season will premiere on Thursday, Feb. 27.
Netflix beat its forecast for overall subscriber additions for the fourth quarter of 2019, while it brought in fewer than expected U.S. streaming customers.
The documentary about the late Walter Mercado's life is headed to Netflix.