Hulu and
Amazon Prime. It’s unquestionable that Netflix is the No. 1 streaming service in the world right now. But can it hold onto that title for much longer? A new report which suggests that Netflix has begun to lose ground in these ongoing streaming wars.
A report from The Wrap shows that Netflix’s lead over all the other streaming services is starting to shrink. While Netflix still holds 20% of the U.S. streaming market, its lead has shrunk from 29% in the past year, based on data shared by Ampere Analysis. This means that Netflix lost 31% of its market share since 2020, even as the company recorded 36.58 million new accounts last year.
Roblox Stock Goes Public; Value Estimated At $47 Billion!
Stocks in Roblox, the virtual game world that has proven to be a lockdown winner with hundreds of millions of mostly young players, have surged by 60 percent.
Photo : Roblox/ Screenshot from Official YouTube Channel
Stocks in Roblox, the virtual game world that has proven to be a lockdown winner with hundreds of millions of mostly young players, have surged by 60 percent, valuing it at $47 billion after an investor frenzy on its first day of trading on the New York Stock Exchange.
Roblox Stock the Biggest Player in the NYSE
According to ScreenRant, Roblox hit the market with its stock initially listed at an estimated $45, but it jumped to $65 within seconds of going public. At its peak, the company s stock hit an impressive $74.55, but it soon dialed down to $69.50 as its closing price. However, that is still a 54 percent gain!
BBC News
By Jane Wakefield
image copyrightRoblox
David Baszucki, is about to become a very rich man, as his video-game platform, Roblox, floats on the New York Stock Exchange, valued at a cool $30bn (£21.6bn).
Already, he has bigger ambitions for the game, which he hopes can become the centre of the so-called Metaverse - an online world not just for gaming but for work and learning, too.
But what is the appeal of a title whose audience mainly consists of the under-12s?
And can its future lie beyond games?
Gaming marketplace
Roblox is already the world s largest user-generated games site. Players use core building components to create and share online worlds that anyone can explore.