Connect with us

Media

Disney vs Netflix – who will win the streaming revenue raise?

Published

on

Netflix and Disney shares fall as the streaming companies fight to stay on top of their game

Investors to evaluate Walt Disney’s shift from cable television to subscription service as the company’s shares fall by 31 percent.

This comes after Netflix announced its first ever decrease in subscribers last month. The company reported a loss of 200,000 subscribers in its first quarter while predicting more losses ahead.

Netflix’s decision to suspend its services in Russia also led to a loss of 700,000 subscribers. It’s shares have also fallen by a staggering 71 percent this year, a bigger loss than its competitor Disney.

While Netflix struggles with its subscriber count, FactSet Estimates predicts Disney+ to have attracted 5.3 million new subscribers through march leading to a total of about 135.1 million subscribers.

Disney also predicts it will have amassed more than 230 million subscribers by September 2024.

Netflix is reportedly considering adding an advertisement-based subscription option by the end of the year as the company looks at how to stay competitive in the increasingly saturated streaming market.

In a previous statement, Netflix’s chief executive said they were looking to introduce advertisements in a year or two but a leaked internal note to the employees has revealed the company is introducing it as early as October 2022.

The note also says Netflix will begin cracking down on password sharing by monetizing it.

All of this has resulted in Netflix being sued by shareholders who argue they have been mislead about the state of the company and future prospects.

Rijul Baath contributed to this report

Media

Coolio’s manager reveals rap artist died from suspected heart attack

Published

on

Coolio’s manager has spoken out after the death of the Gangsta’s paradise star

There were claims the 59-year-old rapper died from a drug overdose.

But Coolio’s manager told the Daily Mail the rap artist had died from a suspected heart attack while on a trip to Los Angeles to fix his passport ahead of shows scheduled in Germany.

A Friend, also quoted by the publication, says he avoided drugs and alcohol.. one telling media “He’d usually have a glass of water”

“He would never show up intoxicated or on a different planet like most people. I never saw him drinking. He’d usually have a glass of water,”

coolio’s friend Mr Yano told daily mail

“When the news came yesterday about his passing, I was shocked. Was it something health related?”

“But I was just with him a few weeks ago, and he seemed completely fine. No mention of any sort of heart condition or any medical condition.”

This comes as Fans speculated the rapper died from an overdose due to his history of drug abuse and crack cocaine addiction.

The rapper, known around the globe for his 90’s hits, died while visiting a friend in Los Angeles last week.

No drugs were found at the scene and the official cause of death is yet to be revealed.

Continue Reading

Media

Prince William makes his first public address since the Queen’s death

Published

on

Prince William has given his first public speech since the death of the Queen and as heir to the British throne

Speaking at a wildlife protection summit in London, William called for more action to combat the illegal trade in wildlife products.

He says the illegal trade is worth an estimated $20 billion annually, and he urged businesses and law enforcement agencies to do more to stop it.

The speech signals the royal family will continue to champion environmental causes, as King Charles III is forced to step back from public activism.

The Prince and his Royal Foundation have long made protecting wildlife a key focus of their work, and they are likely to continue this work in the years to come.

Meanwhile, William also used the opportunity to pay tribute to his late Granny.

Continue Reading

Media

California highway covered in candy after trucks collide

Published

on

Halloween came early to a California highway

A crash involving two trucks caused one of the vehicles to dump its cargo.

The entire load of candy sprinkled onto the roadway.

The California Highway Patrol’s office said troopers responded when a big rig and a box truck collided.

Photos from the scene show the roadway littered with sugar that spilled from candy boxed

no injuries were reported from the incident.

Continue Reading

Trending Now

Copyright © 2022 The Ticker Company PTY LTD