Anthony Anderson and his wife Alvina Stewart are separating after 22 years of marriage.
09.03.2022 - 18:43 / deadline.com
One of the most stubborn (by his own admission) Netflix bears, Wedbush Securities analyst Michael Pachter, has issued a landmark upgrade on the streaming giant’s stock.
While he still doesn’t consider it a clear “buy,” Pachter raised his rating to “neutral” from “underperform,” with a 12-month price target of $342. Amid widespread gains today for many stocks, Netflix shares were up 4% in early trading, at $356.71.
Acknowledging the momentousness of the change in the title of his note to clients — “Hell Freezes Over” — Pachter didn’t offer any hosannas or describe any sort of epiphany. Rather, he merely conceded that the company does actually have something of an edge in the streaming contest. “Netflix’s first mover advantage and large subscriber base provides the company with a nearly insurmountable competitive advantage over its streaming peers,” the analyst wrote.
For more than a decade, Pachter had recommended that clients sell Netflix shares, costing them a roughly 1,700% return over that span. In an article in Bloomberg last year, the analyst gamely conceded the inaccuracy of his call in November 2011 urging investors to dump the stock, which he predicted would fall to $6. “I never thought they’d get to 200 million subscribers,” he told the news outlet. “I thought they were close to saturated in the U.S. … They just keep adding people.”
Despite the upgrade, Pachter still sees a significant vulnerability in Netflix’s adherence to the binge-release pattern for its series. Other streaming services have largely stuck to more gradual rollouts, with a goal of limiting “churn,” or the percentage of subscribers who cancel in a given period. Netflix historically has had churn in the low-single-digits, the envy of an industry
Anthony Anderson and his wife Alvina Stewart are separating after 22 years of marriage.
Closing their chapter. Anthony Anderson and wife Alvina Stewart have split after more than 20 years together, Us Weekly confirms.
When Kylie Jenner, 24, posted the “To Our Son” video on YouTube, fans were able to get a glimpse of her newborn son‘s nursery. A few teddy bears were visible on the bed — including one that is Louis Vuitton-printed. Now, thanks to a fan on TikTok who did some very important research, we know exactly how much those bears cost. Spoiler alert: they’re expensive!
, director Kenneth Branagh is telling his most personal story yet, about a young boy and his family living in Belfast, Northern Ireland, in the 1960s, at the beginning of the period known as «The Troubles,» in which division between factions of Catholics/nationalists and Protestants/unionists led to violent clashes, riots and bombings. Branagh, who grew up in Belfast, before moving away at age 9 to escape The Troubles, found his star for the film in 11-year-old Jude Hill, who plays Buddy, a wide-eyed, fun-loving character based on the director and screenwriter himself. is seen through Buddy's eyes — and Hill marveled about seeing his face on a massive Hollywood billboard when he joined ET's Denny Directo for an in-studio chat this week.«It's kind of crazy,» the young actor admitted. «I mean, my face, and a bunch of people seeing it every single day.
Christina Haack and Josh Hall are going strong. The alum took to Instagram on Monday to commemorate a year with her now-fiancé. In her post, the star shared a throwback photo of her and Hall in Nashville in March 2021 and again this month. "
A rematch between Eddie Hall and Hafthor Bjornsson is unlikely to happen. The Icelandic giant confirmed after his victory against Hall on Saturday that he is not seeking a second fight.
Spencer star gave the look a bit of an edge by styling her hair in an effortlessly undone up-do. If this is any indication of how she'll dress to her upcoming wedding to , we're here for it.Kristen Stewart attends the 33rd Annual Producers Guild Awards in Los Angeles, California. Kristen Stewart's not the only one embracing as formal wear. On March 18, attended the SXSW premiere of her new film Cha Cha Real Smooth wearing a sheer nude corset, which she paired with a '70s-inspired linen pantsuit.
Naman Ramachandran Transatlantic production powerhouse Sister has taken a minority stake in independent outfit Dorothy Street Pictures. Dorothy Street Pictures, which is behind Sundance and Cannes title, Bruce Lee documentary “Be Water” and has a Pamela Anderson documentary in the works for Netflix, will remain fully independent.
Essex County Council is 'discouraging' anybody thinking of conducting DIY roadworks after a video of Sir Rod Stewart fixing potholes near to his home went viral.
posted videos to his Instagram on Friday of him in a neon Hi-Viz safety vest shoveling asphalt out of the back of a truck into large, wet potholes.Several pals are seen working alongside Stewart in Harlow, Essex, about an hour outside the center of London.“This is the state of the roads near where I live in in Harlow and it’s been like this for ages … people are bashing their cars up,” Stewart said.He complained that the government has been putting “millions of pounds” into the nearby M11 highway while neglecting this road.A post shared by Sir Rod Stewart (@sirrodstewart)“And the other day there was an ambulance for the first time, my Derrari can’t go through here at all, so me and the boys thought we’d come out here and do it ourselves,” he said.Stewart, who released his latest album “The Tears of Hercules” last year, has scheduled a tour of the US and Canada set to kick off in June.
Kristen Stewart is hitting the streets of NYC.
, has died. He was 81.Delgado died on Thursday in New York City, Sesame Workshop confirmed in a statement posted to Twitter.«Sesame Workshop mourns the passing of Emilio Delgado, known the world over for his role as Luis on.
Emilio Delgado, the actor whose decades-long portrayal of Sesame Street‘s fix-it shop owner Luis Rodriguez endeared him to generations of young viewers and was a pioneering force in TV’s depiction of Mexican-Americans, died in New York City today just more than two years after being diagnosed with the blood cancer multiple myeloma. He was 81.