Netflix

How Netflix came to dominate Hollywood
SINGAPORE (Jan 28): On Jan 22, the Academy of Motion Picture Arts and Sciences announced the nominees for the 91st Oscars awards, which will be presented at its annual gala event on Feb 24. And the winner… at least in so far as nominations go, was not one of the once-giant Hollywood studios Walt Disney Pictures, 20th Century Fox, Paramount Pictures, Sony Pictures, Universal Pictures or Warner ...
Netflix crushes estimates, renewing faith after July letdown
LOS ANGELES (Oct 17): Netflix Inc.’s Cinderella story isn’t over just yet. The world’s largest paid online TV network added far more subscribers than analysts forecast in the third quarter and issued an upbeat outlook for the current three months, rebounding from a slowdown earlier this year. Netflix signed up 6.96 million customers in the quarter, according to a statement Tuesday, ...
3 reasons why tech is still in a secular uptrend
SINGAPORE (Apr 23): With FAANG (Facebook, Apple, Amazon, Netflix and Google) stocks retreating from their 2018 highs and tech valuations settling, how should global investors react? In JP Morgan Asset Management’s view, the recent jitters can be thought of simply as “growing pains” of a tech sector that it still sees as being in a secular uptrend. For the time being though, the asset ...
Netflix in advanced talks to acquire French film company EuropaCorp
(Apr 2): Netflix is in "advanced talks" to purchase the debt-ridden French film company EuropaCorp, a move that will help bolster the former's original content amid fierce competition with other online streaming services, according to media reports. The potential acquisition could be announced "in a few weeks," reported French financial newspaper Les Echos on its website late last week. ...
Have tech stocks surged too far too fast?
SINGAPORE (Oct 13): For much of this year, global investors have been enamoured with “growth”, chasing large-cap tech stocks, or FAANNG — social media giant Facebook, e-commerce behemoth Amazon.com, smartphone powerhouse Apple, video-streaming pioneer Netflix, artificial intelligence chip leader Nvidia and dominant search engine Google’s parent, Alphabet. The stealth tech stock rally ...
How StarHub plans to push past the negativity
SINGAPORE (Oct 13): StarHub, the country’s second-largest telco, is being pressured on all sides. Most texts — and many voice calls — are delivered over the internet today, using mobile apps such as WhatsApp and WeChat. And although StarHub sells mobile internet access, it has not been able to raise prices for that as usage goes up. StarHub also has the largest local pay-TV customer ...
Netflix shows are all worldwide hits -- until they're not
(June 5): On a conference call last October, Netflix Chief Content Officer Ted Sarandos described the hip-hop drama “The Get Down” as a success, like the booming streaming service’s other popular shows. Eight months and 11 episodes later, “The Get Down” is history, a flop after one season on the world’s largest paid video service. The sci-fi thriller “Sense8,” another of the ...
Amazon launches Netflix rival Amazon Prime Video in Singapore and around the world
SINGAPORE (Dec 15): E-commerce giant Amazon on Wednesday announced the launch of its video streaming service, Amazon Prime Video, in more than 200 countries and territories around the world, including Singapore. Singapore users can sign up for Prime Video at an introductory price of US$2.99 ($4.32) a month for the first six months, starting with a free 7-day trial. After the first six months, ...
The Little Nyonya and other Singapore TV hits to debut on Netflix
SINGAPORE (Dec 7): Forget Narcos. Netflix’s 86 million users around the world could soon find themselves addicted to Singapore’s The Little Nyonya instead. From early 2017, over 20 of Singapore’s locally-produced Chinese TV series will be made available on the streaming service, Mediacorp and Netflix say in a joint announcement on Wednesday. Under the agreement, award-winning classics ...
StarHub’s 2Q Ebitda down 1% on margin pressure
SINGAPORE (Aug 3): StarHub’s operating earnings margin declined in 2Q16 but at a slower pace than expected. The telco reported a 1% y-o-y decline in Ebitda (earnings before interest, taxes, depreciation and amortisation) to $192 million. Its Ebitda margin as a percentage of service revenue fell to 34.7% from 35.1% previously. Revenue declined 1% to $586 million as StarHub sold fewer ...