Entertainment

Chinese Cabinet Stops Foreign Acquisitions

Chinese Cabinet Stops Foreign Acquisitions

The Chinese government is all set to put a full stop to acquisitions outside the country by domestic businesses. The move is being touted as a means to ensure that Chinese businesses do not take on excessive debt. A document has been released by the..

China Limiting Overseas Investments

China Limiting Overseas Investments

China is looking to curb domestic companies’ investments abroad in property, sports, entertainment, and other fields after many series of high profile, multi-billion dollar acquisitions by Chinese firms. Regulators are aiming to stop foreign a..

Live Nation Entertainment Reports Second Quarter Results, Shares Jump 9%

Live Nation Entertainment Reports Second Quarter Results, Shares Jump 9%

Live Nation Entertainment Inc. (NYSE: LVY) reported strong second quarter earnings after close on Wednesday boosting shares up over 9 percent on midday Thursday.Live Nation has been seeing a good fiscal year as shares have been rising all year long...

Netflix’s First Acquisition

Netflix’s First Acquisition

On Monday, Netflix, Inc. (NASDAQ: NFLX) announced that they have acquired comic book publisher, Millarworld. This deal gives Netflix access to various characters and stories in the popular superhero topic and is the very first acquisition ever since..

Sony Reported Strong Q1 Earnings

Sony Reported Strong Q1 Earnings

This week, Sony Corp (NYSE: SNE), the Japanese electronics and entertainment giant, reported its financial results for the first quarter ended June 30, 2017.According to the company, operating profits for the first quarter increased to $1.43 billion..

Netflix Earns International Crown with Original Shows

Netflix Earns International Crown with Original Shows

Netflix Inc (NASDAQ: NFLX) hit another milestone – one that is key to its ability to sustain its scorching pace of growth, twenty years after Reed Hastings co-founded it, and a decade after the company introduced video streaming.At the end of ..

Netflix Share Surge After Strong Earnings

Netflix Share Surge After Strong Earnings

Netflix, Inc. (NASDAQ: NFLX) shares up more than 11% Tuesday, after the internet television network reported strong second quarter earnings. In Q2 the company reported a higher than expected subscriber growth - 5.2 million (vs. forecast of 3.2 milli..