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Top related persons:
Matthew Thornton - 2 Covid - 1 Morgan Stanley - 1 Thornton - 1 Bob Iger - 1 Bloomberg — - 1 Peacock - 1 Brian Roberts - 1
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Netflix - 2 Disney - 1 Comcast - 1 Hulu - 1 Bloomberg - 1 Wall Street - 1 Macquarie - 1 Rosenblatt Securities - 1

Search resuls for: "Matthew Thornton"


2 mentions found


☆ Netflix stock surges 16% after Wall Street buys into ad-driven subscriber growth
  + stars: | 2023-10-19 | by ( Drew Richardson | ) www.cnbc.com   time to read: +1 min
As for overall subscribers, Netflix added 8.76 million subscribers for the third quarter, significantly higher than the 5.49 million that Wall Street estimated. It's the biggest jump in subscribers since the second quarter of 2020, when Covid stay-at-home restrictions drove new sign-ups. Analysts at Morgan Stanley upgraded the stock to overweight and raised its price target to $475. Truist analyst Matthew Thornton said in a Thursday note that the password-sharing crackdown could continue to propel subscriber growth into the next year. The firm also upgraded Netflix to a buy rating and raised its price target from $430 to $465.
Persons: Covid, Morgan Stanley, Matthew Thornton, Thornton Organizations: Netflix
☆ How much is Hulu worth? As Disney gears up to buy Comcast's share of the streamer, analysts say Bob Iger may have to pay a hefty price.
  + stars: | 2023-09-05 | by ( James Faris | ) www.businessinsider.com   time to read: +10 min
When it comes to Hulu, value is in the eye of the holder. However, Comcast claims Hulu is worth double what Disney is saying, according to Bloomberg — even in a tough media environment. "It's what would a willing buyer in a robust auction pay," Roberts said of Hulu's valuation at a MoffettNathanson conference in May. Another way to value Hulu is by comparing its EV-to-subscriber ratio with that of Netflix. By buying all of Hulu, Disney can position itself for the next big trend in media, Noell said.
Persons: Bob Iger, Bloomberg —, Peacock, Brian Roberts, Roberts, financials, maven, Hulu, Tim Nollen, Netflix's, Nollen, Iger, Matthew Thornton, who's bullish, Barton Crockett, Crockett, Brandon Nispel, Nispel, Jason Bazinet, Bazinet, Davis Noell, Noell Organizations: Disney, Comcast, Hulu, Bloomberg, Wall Street, Macquarie, Netflix, Rosenblatt Securities, Citigroup, Star Wars, Marvel, Providence Equity Partners Locations: Hulu
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