For the first time in more than a decade, Netflix Inc reported a loss citing the war in Ukraine, and fierce competition which led to a loss of subscribers; it has also forecast deeper losses ahead, marking an abrupt shift… Read More ›
subscriber base
TPH hires Morgan Stanley and JPMorgan Chase for potential sale of Astound
According to sources familiar with the matter at hand, private equity firm TPG is exploring the potential sale of Astound in a deal that could value the “owner of a U.S. network of regional cable TV and internet providers at… Read More ›
iQiyi priced its U.S. IPO at $18 per share: source
iQiyi, China’s equivalent to Netflix, will be listed on the Nasdaq on Thursday under the symbol IQ. Unlike its U.S. peer, the video streaming platform has a low subscriber base and generates additional revenues from syndication, online marketing and gaming…. Read More ›
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