The streaming service surprised Wall Street with huge gains in subscribers in the third quarter. The results showed why AT&T and Disney spent big on their latest acquisitions.
Hulu wants to cater to a new crowd of pay-TV “cord-shavers” with stripped-down, less-expensive live television bundles that include sports, news and on-demand content — dropping linear entertainment networks to save costs.
Cast members posted a video Wednesday announcing the series’ 2019 end, which was confirmed by a Netflix spokeswoman. In the video, the actresses thanked fans for their support and promised a fulfilling wrap-up to the comedy-drama set in a women’s prison.
Some of Fox News’ biggest stars are hosting and co-hosting shows on the network’s forthcoming paid streaming service, Fox Nation, the network announced Wednesday morning. Primetime host Laura Ingraham will co-host a show called Laura & Raymond (with Raymond Arroyo) and Sean Hannity will host a show “that is currently in development.” Judge Jeanine Pirro, who like Ingrahm and Hannity is a favorite of President Trump’s, will host a weekly, abbreviated version of her Justice With Judge Jeanine show for the service.
WarnerMedia joins an armada of well-funded competitors looking to take on Netflix’s over-the-top dominance, but a crowded landscape may become a zero-sum game.
The video-streaming service added 7 million subscribers worldwide from July through September, far above the company’s target of 5 million and exceeding analyst projections. Investors lifted Netflix’s stock by more than 11% to $386.30 in extended trading.