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**Disney** Expected to Set Earnings Tone for the Week Ahead with Streaming Subscriber Growth – Yahoo Finance报道

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Investors in New York City were recently inundated with a plethora of earnings reports, economic data, and the Federal Reserve’s latest policy update. As they gear up for the upcoming week, the flow of earnings reports is expected to slow down while the economic calendar is anticipated to be relatively quiet compared to the rest of the year. Last Friday, investors reacted positively to the April jobs report, which revealed a slower-than-expected growth in the …

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Netflix Stock Plummets 9.6% as Company Halts Quarterly Subscriber Metrics Reporting – What It Means for Investors!

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Los Gatos, California – Netflix’s stock took a significant hit on Friday, dropping as much as 9.6% after the company announced its second quarter revenue forecast fell short of expectations. The streaming giant also revealed that it would discontinue reporting quarterly subscriber metrics that are closely monitored by Wall Street analysts. In its guidance for the second quarter, Netflix projected revenue of $9.49 billion, slightly below the consensus estimate of $9.51 billion. Additionally, the company …

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Disney Will Report Streaming Profitability After Revised Subscriber Projections and in the Wake of Cost Cutting

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LOS ANGELES, CA – The entertainment giant, Disney, is gearing up to release its first-quarter earnings report, with CEO Bob Iger shifting the focus to profits, aiming to overcome a proxy battle and potential subscriber losses. The company faces challenges following a round of price hikes which is expected to result in a decline in the number of subscribers. Meanwhile, investors will be closely watching for signs of progress in the company’s cost-cutting initiatives and …

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Spotify’s Explosive Growth: Record Premium Subscriber Increase and Quarterly Loss Revealed

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Stockholm, Sweden – Spotify has announced a significant increase in its number of premium subscribers, with a 4% rise in the fourth quarter, bringing the total to 236 million. The company also reported a 5% increase in monthly active users, reaching 602 million. This growth has set new records for the top audio streaming service provider. Despite these positive developments, Spotify faced challenges throughout 2023, including significant layoffs and price hikes. The company saw a …

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Paramount+: The $238 Million Dilemma: Redstone Looks to Sell Amid Massive Subscriber Gains

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Laguna Beach, California – Paramount Global’s Paramount+ streaming service has seen a growth in subscribers, reaching 63 million and showing signs of continued expansion. However, the service continues to experience financial losses, although the losses have decreased compared to the previous year. In the third quarter, the streaming operating losses were reported at $238 million, down from $343 million a year ago. This financial struggle has led to a decline in Paramount Global’s shares by …

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