Netflix reports Q2 revenue of $2.79B, vs. $2.76B expected, and total streaming subs grew 5.2M to 104M, vs. 3.2M expected; stock up 10%+
For Q2, revenue and operating income were right on forecast. Ben Popper / The Verge : Netflix posts strong earnings and takes aim at traditional movie theaters Michelle Castillo / CNBC : Why Netflix's...
Facebook signs non-exclusive deal with MLB to offer live broadcasts of 20 Friday night games this season, with the first stream coming this week
Nathan McAlone / Business Insider :
YouTube has paid over $1B to the music industry in the last year, from advertising alone
Nathan McAlone / Business Insider :
Delaware filing: BuzzFeed authorizes sale of $200M worth of shares at $1.5B valuation, unchanged from last year
Nathan McAlone / Business Insider :
Delaware filing: BuzzFeed authorizes sale of $200M worth of shares at $1.5B valuation, unchanged from last year
Nathan McAlone / Business Insider :
Turner launches FilmStruck, a streaming video service with indie, foreign, classic, and cult films, plans from $7/month but service limited to US for now
FilmStruck launch plagued on day 1 with intermittent sign-up problems Nathan McAlone / Business Insider : If you can never find any good movies on Netflix, try this new service Eve Peyser / Gizmodo : ...
AT&T's new streaming TV service, DirecTV Now, will debut in November with 100+ channels for $35/month, includes unlimited mobile data for TV viewing
Nathan McAlone / Business Insider :
Gawker.com announces it will shut down next week, after nearly 14 years of operation
Or was it Nick Denton? Hulk Hogan? Peter Thiel? New York Times : Farhad's and Mike's Week in Tech: Ride-Hailing News Owns the Road Will Oremus / Slate : Who's Left to Embarrass Silicon Valley Now Th...
Pandora misses targets for Q2 with revenue of $343M, up 20% YoY but lower than projections of $351.7M; active listeners fall to 78.1M from 79.4M a year ago
and why it hasn't sold yet Patrick Seitz / Investor's Business Daily : Pandora Disappoints With Q2 Revenue Miss, Fewer Listeners Nathan McAlone / Business Insider : Pandora's stock is down almost 8% a...
Pandora misses targets for Q2 with revenue of $343M, up 20% YoY but lower than projections of $351.7M; active listeners fall to 78.1M from 79.4M a year ago
and why it hasn't sold yet Patrick Seitz / Investor's Business Daily : Pandora Disappoints With Q2 Revenue Miss, Fewer Listeners Nathan McAlone / Business Insider : Pandora's stock is down almost 8% a...