Monday, January 21, 2019

SEC filing: Disney lost $1B+ from streaming in its 2018 fiscal year, with a $580M loss attributed to its stake in Hulu and $469M to ownership of BAMtech (Alex Sherman/CNBC)

Alex Sherman / CNBC:
SEC filing: Disney lost $1B+ from streaming in its 2018 fiscal year, with a $580M loss attributed to its stake in Hulu and $469M to ownership of BAMtech  —  - Disney's stake in Hulu and its ownership of BAMtech led to a loss of more than $1 billion in the latest fiscal year.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...