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In short, entertainment stocks refer to the stocks of companies that are involved in the production and distribution of entertainment products and services. This includes a wide range of industries such as film, television, music, video games, theme parks, and live events.Investi

The streaming wars have never been more intense, characterized by endless viewing options on the market, all vying for consumer attention. One company in particular, Roku (NASDAQ: ROKU), might be an attractive investment because of its agnostic stance on its platform's content se

Roku ROKU recently reported that the number of its global active accounts has surpassed 70 million as of January 2023 and created a milestone for the company.The streaming hours for the full year 2022 were recorded at 87.4 billion, which was 19% up year over year. This he

A stock market sell-off in 2022 brought declines across numerous industries, and entertainment companies were among the hardest hit. Shares in such names as Netflix, Warner Bros. Discovery, and Walt Disney (NYSE: DIS) have fallen between 41% to 59% as macroeconomic headwinds have

Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important.

Warner Bros. Discovery (NASDAQ: WBD) stock plummeted 60% in 2022, leading to concerns about when or how it can bounce back. The company faces headwinds seemingly on all fronts: with streaming video, in the movie studio, and on broadcast and cable TV.

For investors with a penchant for growth-oriented businesses, to say it's been a tough year would be a notable understatement. Yet even in a volatile market, the new year is still a great time to keep investing in businesses with strong growth stories.

Former Italian soccer star Gianluca Vialli has died from cancer at the age of 58, his former soccer club Sampdoria said on Friday.

Microsoft (NASDAQ: MSFT) stock dropped 28% last year -- its third-worst performance since the company went public in 1986 -- and the situation has only gotten worse this year. The stock is now down 33%, marking its sharpest decline in more than a decade.

2022 was a bad year for streaming companies and the broader tech sector. Video-streaming pioneer Netflix ( NASDAQ:NFLX ) imploded by around 74% at its worst. Subscriber losses due to macro headwinds and intensifying competition played a part in the stock's sell-off. Streaming used to be innovative and full of growth potential. Now, as it matures, it's become another struggling industry. Questions linger as to whether the streaming space can find its feet after subscription cancellations peak. I am most bullish on Disney stock ( NYSE:DIS ), while Warner Bros. Discovery ( NASDAQ:WBD ) also has potential. I am less optimistic about Netflix and Paramount ( NASDAQ:PARA ), however. With a recession on the horizon, paid cancellations could increase as more people look to reduce their monthly expenses. Undoubtedly, some of us have too many streaming subscriptions, which we may not be using nearly as much as when we signed up for a free month trial. Ad-based tiers are sure to turn some cancellations into tier downgrades. As Netflix moves into uncharted waters, we'll see how it fares as the streaming space looks to heal from one of its worst years. Netflix: Ad-Based Tier Could Give Shares a Jolt As certain streaming heavyweights, like Netflix, embrace ad-based tiers, there's hope that consumers will downgrade from a premium ad-free tier to a cheaper ad-supported tier. Undoubtedly, must-see content on Netflix could push budget-constrained users to deal with the occasional ad for added savings. In that regard, I think Netflix's value proposition increased in a recession year. However, the main question is whether lower-cost tiers will wreak havoc on premier plans, as the password-sharing crackdown looks to shake a few dollars from the pockets of freeloaders. Recently, some analysts upgraded Netflix over its ad-based "catalyst" and content strength versus rivals. Really, nothing new enticed such upgrades. For now, Netflix remains a leader in the space. The 26.4 times trailing earnings multiple seems to be in the right spot. As the company doubles down in gaming, I'd look for its valuation multiple to expand, especially if Netflix's first triple-A "shooter" title that's supposedly in the works winds up a success. The way I see it, Netflix is a streamer with plenty of game. This separates it from the pack and could help it end 2023 as a winner. Big Media Companies Duke it Out Big media firms like Warner Bros. Discovery, Paramount, and Disney have also felt intense pressure this past year. Compared to Netflix, they're underdogs that could be left behind as Netflix continues to produce sticky content while improving its value proposition, either through lower-cost tiers or the inclusion of complementary video-game titles. Warner Bros. Discovery's production cuts have not been a source of investor enthusiasm. Meanwhile, Paramount and Disney have been experiencing solid growth, but there are doubts that each firm can continue to take share from the likes of Netflix as consumers look to trim their entertainment budgets. Each media streamer is absurdly cheap. WBD trades at 1.0 times sales, 0.5 times book value, and 11.3 times cash flow.  Warren Buffett-owned Paramount trades at an even steeper discount, with PARA stock going for 0.4 times sales, 0.5 times book value, and a 4.3 times trailing earnings multiple. Despite having a potential Netflix dethroner in Disney+, DIS stock trades at a mere 2.0 times sales and 1.7 times book value. Undoubtedly, these cheap media-firms-turned-streamers have a lot of baggage. If they're to take a lot more market share from Netflix, they'll need to improve their value proposition, not by lowering prices, but by going all-in on content production. With management shuffling that saw  Bob Iger return to Disney, there's bound to be a mess over there. Still, I think the firm has a gem in Disney+ that could dethrone Netflix as the House of Mouse continues pouring billions into the platform. Disney stock has been hit hard. As Iger looks to work his magic in Disney+, ESPN+, Hotstar, and Hulu, I'd look for Disney to end 2023 much stronger than it started. As for WBD and Paramount, the future isn't so clear. Warner Bros. Discovery's merging of HBO Max and Discovery+ could succeed if it can get the pricing right. Despite budget cuts, I view Warner Bros. Discovery as a better bet than Paramount. Ultimately, I think WBD will be a winner in 2023. I'm not sure about Paramount, which isn't all that much cheaper than WBD. The Takeaway: Disney Could be the Biggest Winner I'm upbeat on streamers this year after the devastating beatdown they endured last year. Personally, I think Disney will be the biggest winner. The stock is cheap, and Iger's comeback could be a huge catalyst. Warner Bros. is also likely to be a winner as it moves on from cost cuts and launches its new platform. The stock is also so cheap! Finally, Netflix and Paramount are two streamers that I'm not as sure about. Disclosure

In the latest trading session, Netflix (NFLX) closed at $309.70, marking a +0.09% move from the previous day. This change outpaced the S&P 500's 1.17% loss on the day. At the same time, the Dow lost 1.02%, and the tech-heavy Nasdaq lost 2.45%.

What started out as a novelty offered by Elon Musk to Tesla owners has turned into table stakes in the next generation of electric vehicles.

Investors in Netflix Inc (Symbol: NFLX) saw new options begin trading today, for the February 24th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NFLX options chain for the new February 24th contracts and identified one put and one cal

Salesforce CRM announced to lay off approximately 10% of its total global workforce, exit real estate and shutdown office spaces in certain markets as part of its broader Restructuring Plan to help the company improve its profitability.Filing with the Securities and Excha

Wall Street closed higher on Wednesday in a choppy session of trading. Mixed signals from the labor market and manufacturing sector numbers had sent the market into slumber early in the day, but the release of the FOMC minutes saw a late rebound. All three major indexes e

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In recent trading, shares of Netflix Inc (Symbol: NFLX) have crossed above the average analyst 12-month target price of $302.71, changing hands for $309.41/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat

From time to time, Wall Street sends investors a not-so-subtle reminder that while the stock market tends to move higher over long periods, it doesn't take a straight-line path. Last year, all three major U.S. stock indexes were thrust into a bear market, with the widely followed

After a pivotal year for steaming, where increased competition led an industry leader to lose its dominating position, 2023 will likely be another crucial year. The rise in demand for ad-supported tiers and the introduction of live sports on various platforms have added another f

When Sony Corp Group teases “Gran Turismo,” its long-awaited adrenaline-fueled film adaptation of Sony PlayStation’s hit car-racing franchise at the CES 2023 technology trade show this week, it will really be showing off its new identity as a content-driven company.