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☆ Rich Greenfield on NFLX earnings and WWE deal: This is a watershed moment
  + stars: | 2024-01-23 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRich Greenfield on NFLX earnings and WWE deal: This is a watershed momentRichard Greenfield, LightShed Ventures, joins CNBC's "Fast Money" to discuss Netflix earnings and its big deal with WWE for live wrestling programming.
Persons: Rich Greenfield, Richard Greenfield Organizations: WWE, LightShed Ventures, Netflix
☆ As Netflix co-founder pulls back, can CEOs preserve the 'Netflix Way?'
  + stars: | 2023-01-20 | by ( Dawn Chmielewski Lisa Richwine | Dawn Chmielewski | Lisa Richwine | ) www.reuters.com   time to read: +3 min
"This was my road to Damascus experience, a turning point in my understanding of the role of talent density in organizations," Hastings wrote. Hastings credits the company's culture of internal transparency and innovation, which endows top-performers with unusual autonomy, for Netflix's success. "This is a big psychological change for Netflix," said Neil Saunders, managing director of GlobalData. "There's no big strategy shifts or big culture shifts," he said in a post-earnings video interview with an analyst. They'll also need to find new sources of revenue, including in video games -- where Netflix will confront established rivals.
☆ Fanatics Hires CFO for Collectibles Business After Topps Deal
  + stars: | 2022-12-23 | by ( Nina Trentmann | ) www.wsj.com   time to read: +5 min
Jacksonville, Fla.-based Fanatics said this week that Greg Abovsky started as chief financial officer for the collectibles business earlier this month. As CFO, Mr. Abovsky plans to build out the division’s finance team and its trading card business as it looks to expand. Fanatics plans to expand its portfolio into culture and entertainment cards, said Mike Mahan, chief executive officer of the collectibles business. Fanatics expects its collectibles business will fare well in the coming years, despite the threat of a potential downturn. Both Mr. Abovsky and Mr. Mahan declined to comment on if and when Fanatics could list on the public markets.
☆ Hollywood is learning it's hard trying to be Netflix
  + stars: | 2022-11-13 | by ( Travis Clark | ) www.businessinsider.com   time to read: +5 min
The company reported that its Disney+ streaming service added 12.1 million subscribers in its most recent quarter, bringing the total subscribers to 164 million globally. In total, Disney has 235 million subscribers across its streaming services, which also include Hulu and ESPN+. Netflix, by comparison, has 223 million subscribers. Two years ago, at the height of the pandemic, Disney's subscriber growth might have satisfied investors. And Wall Street now isn't so much interested in subscriber growth as it is revenue.
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