Connect with us

Business

Streaming Wars – The battle for Hollywood

Published

on

It was meant to rescue the global entertainment industry, investors told that subscriber growth would lead to profit.

 
2012- the beginning of the streaming era as we know it.

Netflix started producing its own original content in order to have more control over the content they offered, and to differentiate themselves from competitors.

They took a massive risk to produce their first in house tv show.

House of Cards was a smash hit. But also, the beginning of a new term – binge-worthy content.

By producing their own shows, Netflix was able to offer unique and exclusive programming that could only be found on their platform, which helped to attract and retain subscribers.

That caught the attention of Wall Street, and as Netflix’s stock rose, traditional media companies across Hollywood watched with envy.

A happy and profitable ecosystem that Netflix started to threaten. Why let ads interrupt your favourite TV show, when you can pay $10 a month and watch what you want whenever.

Soon, Disney and HBO would launch their own in house streaming services. The trickle became a flood, and the studios pulled their content off pay TV to offer it to streaming exclusively. #disney+ #streaming #netflix #hbo max

Continue Reading

Business

The possibility of a U.S. recession

Published

on

There’s been a lot going on in markets…

It’s been a turbulent time in financial markets, to say the least.

From seeing a banking crisis sweep around the world, to a new global reserve currency start to emerge – there hasn’t been a quiet day on the market.

And there’s also a little bit of Marty McFly meets Bog Iger from Disney, as UBS appoint a former Credit Suisse CEO to help with the merger of the two banks.

AND, the possibility of a U.S. recession…

Chris Uhl from 10minutestocktrader.com joins us to discuss.

Continue Reading

Business

Disney trumps DeSantis with legal loophole

Published

on

Disney has outplayed Ron DeSantis by leaning on a decades-old royal clause

In February, Florida Governor Ron DeSantis moved to take over Disney World’s governing body.

It was all in retaliation to the company’s public stance against the state’s “Don’t Say Gay” bill.

But now, new reports suggest this whole plan may have backfired.

Members of the new governor-appointed board argue the previous members stripped the board of its power before they left.

It was all part of an agreement, which was approved a day before DeSantis assumed more control of the land around Disney’s theme park.

Disney is leaning on a property law which essentially makes the company the government of the area.

New board member Ron Peri says the board has lost the majority of its ability to do anything beyond maintain the roads and basic infrastructure.

For just under six decades, Disney has operated its expansive theme park and resort in Florida under a specially designated district.

A board oversaw the area and had free reign of development processes.

Disney also had the authority to appoint district board members.

But this special status came under threat when Disney clashed with DeSantis and his “Don’t Say Gay” law.

Florida lawmakers the passed a bill in February to end Disney’s self-governing status and give the governor the authority to appoint new board members to the district.

DeSantis appointed five supervisors, including a parents’ rights activist and three Republican donors.

But the new supervisors say previous board members entered an agreement before they left their positions – effectively stripping them of any powers. #trending #featured

Continue Reading

Business

The Power of Play

Published

on

Let’s take a look at the history of video games and the exciting future of the gaming industry.

From classic arcade games to the latest consoles and online multiplayer experiences, gamers have been lining up for decades to get their hands on the hottest games.

But what goes on behind the scenes to create these immersive worlds? The Power of Play takes you behind the curtain to explore the hard work and dedication of game developers as they bring these virtual experiences to life.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now

Copyright © 2023 The Ticker Company PTY LTD