Markets

Disney stock jumps after Disney Plus hits 60 million subscribers

Disney stock jumped as much as 6.4% in pre-market trading on Wednesday. Investors celebrated the news that Disney Plus has attracted more than 60 million subscribers in its first nine months. However, Disney’s revenue plunged 42% last quarter as pandemic-related closures of theme parks, stores, and cinemas hammered its business. […]
Disney stock jumps after Disney Plus hits 60 million subscribers
Markets

Goldman Sachs initiates Disney at ‘buy’ with 15% upside as it expects streaming service to reach profitability next year and hit 150 million subscribers by 2025

Disney has 15% upside potential as its recently launched Disney+ video-streaming service is poised to blow past analyst estimates over the next few years, according to Goldman Sachs. In a note published on Monday, Goldman initiated Disney at a “buy” rating with a 12-month price target of $US137, arguing that […]
Goldman Sachs initiates Disney at ‘buy’ with 15% upside as it expects streaming service to reach profitability next year and hit 150 million subscribers by 2025
Tech

Gamers are blaming ‘overheating’ Chromecast devices for games crashing on the new Stadia streaming service, but Google said the devices are ‘working as intended’

Some GoogleStadia users were blaming overheating ChromecastUltra devices for Stadia crashing during extended gaming sessions, but that’s not the case, according to Google. A Google spokesperson said that overheating Chromecast Ultra devices are not to blame for crashing issues, and that while those devices may get hot, they are working […]
Gamers are blaming ‘overheating’ Chromecast devices for games crashing on the new Stadia streaming service, but Google said the devices are ‘working as intended’
Tech

How to turn off subtitles on Hulu on the desktop website or mobile app

You can turn off subtitles on Hulu without closing the movie or TV show you’re watching. Subtitles on Hulu can be especially helpful when watching foreign language films, or if you simply want to read along with the dialogue of your favourite show. You can turn off subtitles on Hulu […]
How to turn off subtitles on Hulu on the desktop website or mobile app
Tech

Big streaming companies like Netflix and HBO are looking to crack down on freeloaders who use other people’s passwords and accounts

The media industry loses billions of dollars to illegitimate password sharing, and it’s now looking to crack down on the practise. Specifically, the industry said it’s not clamping down on casual password sharing between friends and family. It’s rather aiming at larger scale password sharing from “operators of piracy sites, […]
Big streaming companies like Netflix and HBO are looking to crack down on freeloaders who use other people’s passwords and accounts