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The management team at AT&T decided, after months of negotiations, to sell anime streaming service Crunchyroll to Sony. This move will help the firm pay down debt, but it's a massive mistake for the firm strategically. Not only does it weaken the company's shift to streaming, ...
I just felt a great disturbance in the anime world. Leading anime video-streaming service Crunchyroll is merging with rival streaming platform Funimation in a deal worth $1.175 billion. Crunchyroll is jumping from one international media empire to another. The service has been a par...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. IPO frenzyDoorDash (DASH) had a stellar day on the public market on Wednesday, with shares closing at $189, nearly 86% higher than its IPO price and giving...
AT&T (T) has its deal to sell anime streaming service Crunchyroll, to Sony's (SNE) Funimation, for $1.175B in cash. That's higher than reports in October that the deal would reach $957M, but short of AT&T's reported wish for $1.5B for the service. Sony expects combining Funimation wit...
GameStop (NYSE: GME) expects to do pretty well for itself now that the gaming console upgrade cycle has officially kicked off. Although its stock cratered after the release of its third quarter earnings report, the video game retailer says now is when the rubber hits the pavement. ...
Looking For The Best Consumer Stocks To Buy This Week? 3 For Your List. Consumer stocks have had a bumpy year in the stock market . The coronavirus pandemic had affected many industries. Despite being highly dependent on the economy, these stocks are a mixed bag. Some top ...
TSMC has been and continues to be the undisputed leader of cutting edge process and is continuing to grow business and gain market share. AMD is one of the beneficiaries of TSMC's process edge and is likely to drive considerable growth at TSMC. The article shows why AMD is likely ...
The pandemic-era decision by Warner Bros. (T) to send all 17 of its 2021 movies to streaming on the same day as theatrical release is sending a shock throughout the movie industry - with theater stocks sliding on the news (but Warner parent AT&T surprisingly sanguine). Warner has painted ...
Demand for Sony 's (NYSE: SNE) PlayStation 5 and Microsoft 's (NASDAQ: MSFT) Xbox Series X has been extremely high following their launches earlier this month. Both game systems remain sold out everywhere, with restocked inventory selling out within minutes at major ret...
Amazon.com (AMZN -0.2%) is in exclusive talks to buy podcast firm Wondery, The Wall Street Journal reports. It would value Wondery (home of hit podcasts Dirty John and Dr. Death) at more than $300M, vs. a valuation at its June 2019 funding round of about $100M. And it would let Amazon (which ...
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JASM Set to Expand in Kumamoto Japan HSINCHU, Taiwan, R.O.C., Feb 7, 2024 - (JCN Newswire) - TSMC (TWSE: 2330, NYSE: TSM), Sony Semiconductor Solutions Corporation ("SSS"), DENSO Corporation ("DENSO") and Toyota Motor Corporation ("Toyota") announced further investment into Japan Ad...