Tag: streaming

Ackman Rebuilds Netflix Stake, Adds Five New Holdings to Pershing Square

Bill Ackman's Pershing Square has re-entered Netflix and added five other new holdings over six months, reversing his 2018 exit from the streamer.

Warner Bros. Discovery Posts Streaming Gains but Soft Ad Sales Weigh on Revenue

Warner Bros. Discovery posted a 10% rise in streaming revenue but missed expectations on weak ad sales, as a proposed Paramount merger looms.

Spotify Shares Slide as Profit Forecast Disappoints and User Growth Cools

Spotify shares fell after a weaker-than-expected profit forecast and slowing user growth in North America and Europe rattled investors.

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