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Netflix adds $28 billion in market value after password crackdown drives subscriber spike

The streaming giant posted an earnings report that met Wall Street's expectations and announced a major spike in subscriber numbers.

Transcripts for MSNBC Way Too Early With Jonathan Lemire 20240604 09:39:00

yeah, so this was very interesting, right? bob iger, the ceo of disney has basically told his consumers to take a hike. why? because oil prices are going a bit higher, so a hike in prices around 27% for hulu in particular going from $13.99 to $17.99 even disney on its own has increased and the combined package is $26, so this massive growth in that, and that s because they have seen a fall in subscriber numbers. and that was supposed to just be around 156 million subscribers. fortunately it s actually dropped off to 141 million subscribers. it was also because of key markets like in india where the disney plus hot star package has lost quite a few subscribers because disney lost the rights to showcase the biggest cricketing tournament in the world, the england premier league. bob iger is trying to find other

MTN Ghana s SIM-blocking exercise hits subscriber numbers

MTN Ghana has reportedly seen a reduction in subscriber numbers after it blocked 4.9 million SIMs in the last six months. This followed a directive from regulator the National Communications Authority to block SIM cards not registered with the Ghana Card (a form of ID).

Ethio Telecom shares upbeat forecast ahead of partial privatisation

In a very upbeat projection of its prospects for the near future, state-run operator Ethio Telecom has forecast a 19% rise in revenue over the June 2023-July 2024 financial year. It has also forecast a 29% rise in the number of customers on its network using its mobile money services.

Transcripts for BBCNEWS The Context 20240604 20:35:00

doesn t seem to be any prospect out of it. what do they have in the can in the studios? how many programmes are ready to go this autumn or are we all going to have to feast on the roll out of reality television? you roll-out of reality television? you will have to roll-out of reality television? you will have to feast roll-out of reality television? you will have to feast on roll out of reality television? gm, will have to feast on that game shows was up what is interesting, if you ever go into the netflix, opening up and look around, do you ever noticed that some of the top ten shows that you see are not new was back they are actually old. more recently i do. think about that. they always have old shows. there s not a shortage of content without it may be a shortage of new content, new episodes. if that is what the public only wants, they only want to do episodes that you are going to really see the studios hit hard in terms of their subscriber numbers coming down for their stre

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