Entertainment Netflix reports 2020

Media Earnings Q3 2020: Investors Search for Signs of Recovery, Strategies on Streaming

Reading now: 291
variety.com

David Lieberman Media barons have long acknowledged that the future will be streamed.Over the coming weeks, as the world’s largest media and tech conglomerates report earnings for the July-September quarter, it will become increasingly clear how well entertainment companies are handling the pivot away from cable bundles and theatrical releases, and toward streaming services.

Investors expect to hear entertainment executives finally explain not only how they plan to compete in an ecosystem that’s historically been dominated by Netflix, but also to learn about the ways their companies will do business long after the COVID-19 pandemic subsides.“There’s no question shelter-in-place has changed how people consume,” Wedbush Securities analyst.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA