Investors brace for Netflix third quarter results screening Media Netflix is set to post quarterly earnings on Thursday, with analysts expecting another strong set of results from the king of streaming. An analyst consensus has forecast third quarter sales of around $9.8bn (£7.5bn) up 14 per cent year-on-year, and net income of $2.2bn (£1.7bn), with earnings per share expected at $5.07 (£3.88). In July, [...]
007: Road to a Million maker not shaken from takeover as profit surges Business Profit at the maker of shows including 007: Road to a Million surged during its latest financial period despite its revenue being slashed. London-based 72 Films, which is part of the Fremantlemedia Group, has reported a pre-tax profit of £4.7m for the nine months to the end of 2023, according to newly-filed accounts with Companies House. [...]
Big Tech is muscling broadcasters out of live sports streaming Media Traditional broadcasters might be starting to sweat. Live sports streaming has always been a cash cow, but the game is changing, and there are new players on the field. For years, Sky and BT ruled the arena of sports media rights but, over the past decade, Big Tech has been muscling its way into the [...]
Amazon Prime top of the table to bag Liverpool documentary rights August 14, 2024 Amazon Prime are in pole position to pick up the UK rights for the Liverpool documentary based on Jurgen Klopp’s last six months at Anfield. City A.M. has learned that Amazon have entered advanced negotiations with the club and production company Lorton Entertainment to show the documentary, which was filmed over the second half of [...]
Amazon Prime Video buys British film studio where The Lord of the Rings: The Rings of Power is made July 22, 2024 Amazon Prime Video is to acquire the British film studio where it makes The Lord of the Rings: The Rings of Power.
Amazon Prime Day sales reach record high thanks to discount-hungry shoppers July 19, 2024 Amazon Prime Day hit record heights thanks to discount-hungry shoppers as sales passed £14.2bn during the two-day shopping event, according to new figures.
Amazon faces potential investigation as Prime Day nears July 11, 2024 A watchdog has warned that it would "not hesitate" to launch a formal investigation into Amazon if concerns were raised that the US giant was not treating its suppliers fairly and lawfully.
Owner of Gary Neville’s production company Buzz 16 returns to the black as revenue rockets May 22, 2024 The owner of Gary Neville's production company Buzz 16, which recently co-produced the Amazon Prime documentary about Manchester United's treble-winning season, returned to the black after its revenue surged by £80m.