Bloomberg Technology
Disney Streaming Adds More Subscribers Than Expected
Walt Disney Co. reported subscriber gains for its flagship streaming service that exceeded analyst estimates. Disney finished the second quarter with 137 million subscribers, up 33% from a year ago. Geetha Ranganathan of Bloomberg Intelligence is on “Bloomberg Markets: The Close.”
Bloomberg Technology
Hugging Face Pushes Deeper Into Robotics With MicroDuck
Hugging Face unveiled MicroDuck, the company’s new open-source robot that can walk, talk, and roller-skate. Hugging Face co-founder and Chief Science Officer Thomas Wolf discusses surging demand for robotics and open-source AI, and says the company is currently selling roughly one MicroDuck every four seconds. He also declined to comment on reports that Nvidia is…
Bloomberg Technology
Meta Settlement a ‘Pittance,’ Law Professor Says
Meta’s settlement is a “pittance” relative to the company’s profits, according to University of Virginia Law Professor Danielle Citron. She argues the bigger question is whether new protections for teenage Facebook and Instagram users will actually work, questioning a framework that relies heavily on parents to enforce limits and warning that teenagers may find ways…
Bloomberg Technology
Nvidia’s AI Boom, Salesforce’s Anthropic Bet | Bloomberg Tech 8/27/2026
Bloomberg’s Ed Ludlow breaks down Nvidia’s prediction of a 70% revenue growth next fiscal year, far exceeding analyst estimates. Plus, Salesforce shares jump after giving an outlook for strong revenue expansion, and deepening its ties with Anthropic. And Hugging Face comes out with its newest robot: a duck that can walk, talk and roller-skate. 00:00:00…
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Pablo Contesti
May 11, 2022 at 9:27 pm
Aaaaaaaand it’s dead.
Ian Weetman
May 11, 2022 at 9:40 pm
It’s the only streamer that has a decent catalogue worthy of subscribing to… Even if I hold Netflix and Prime memberships as well!
Lynda Korner
May 11, 2022 at 10:18 pm
The smart money always knew that Netflix’s woes are particular to Netflix.
That seven-million figure is a big beat on the projections of analysts.
They were expecting about five million to be added this quarter.
Clearly, The Walt Disney Company should not have seen its valuation drop on the news of Netflix’s slowing and negative subscription growth.
Lynda Korner
May 11, 2022 at 10:19 pm
Disney has the potential to make far more money from streaming than the company gets from the cable bundle in three main ways.
The first is market share. Currently, for instance, while Disney does get the lion’s share of carriage fees from cable/satellite operators, Disney could capture more of those dollars through such things as 24-hour news channels that are based on ABC News and that are included with Disney+ (and Hulu) subscriptions.
The second is disintermediating the relationship with customers by eliminating the cable/satellite operators and other middlemen.
The third is the synergy that comes with other Disney businesses. Disney+ has the potential to do for The Walt Disney Company what Amazon Prime Video has done for Amazon.
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