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Streaming Wars – The battle for Hollywood

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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

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Xi Jinping is taking over China’s sharemarket

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China’s economy sees President Xi Jinping asserting control over its sharemarket, a move raising eyebrows globally.

 
Xi’s government has unveiled a series of measures aimed at consolidating authority over the country’s stock market, signalling a desire for greater economic stability and control.

The reforms include stricter regulations for listing on Chinese stock exchanges, with companies needing to meet more stringent criteria to go public.

Additionally, the government is increasing its oversight of foreign listings by Chinese firms, a move seen as an attempt to prevent capital flight.
#featured

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Investors worry as Tesla misses targets

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Tesla reported lower-than-expected quarterly deliveries, sending its shares into a downward spiral.

 
The EV giant’s stock tumbled as investors expressed concerns over the company’s ability to meet its ambitious growth targets.

In the third quarter of this year, Tesla delivered a total of 220,500 vehicles, missing Wall Street’s estimates.

This disappointing performance raised doubts about the company’s ability to keep up with the soaring demand for its EVs, especially as competitors continue to enter the market. #featured

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Is the housing market surge a bubble waiting to burst?

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The housing market has witnessed a remarkable surge in home sales, driving property prices to unprecedented highs.

 
Despite the ongoing economic challenges, the real estate sector appears to be thriving, leaving experts and homeowners both astonished and hopeful.

Over the past year, the real estate landscape has been anything but predictable.

But the surge in demand has been met with a limited supply of available homes.

Builders have struggled to keep pace with the soaring demand, making the situation worse. #featured

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