Comcast, the largest cable company in the United States, will begin streaming Netflix on the company’s X1 set-top device starting this week.
On Monday, China passed its first law addressing unbridled box office fraud. For years, theatrical corruption has been accepted as a part of doing business.
Like the presidential election, Americans will only have two choices for cable providers, Comcast or Time Warner / Charter / Spectrum / AT&T.
For every $8 per month, Netflix receives from its nearly 84 million global subscribers, over $6 is spent on content. 2017 content costs will hit $16 billion.
Netflix captured 80 million subscribers using studio content as a gateway to building customers. Did Netflix’s 50% originals initiative cross the line?
The lawsuit never mentions the figure $1.5 billion that was widely ceased upon, and instead, opts for – “amount to be proven at trial.”
Relativity filed a $1.5B lawsuit against Netflix claiming breach of contract and trade libel, which a Netflix’s spokesperson called “baseless and ironic.”
Wanda’s CEO Jianlin is in Hollywood to purchase more media properties. The acquisition of Legendary for $3.5 billion was the biggest Hollywood-China tie-up.
Netflix reported subscriber data at the close of business on Monday that significantly outperformed expectations. The stock soared – closing up 19.62%.
Relativity could soon hold the dubious distinction of becoming the fastest company in U.S. corporate history to go bust after restructuring.