The biggest
online subscription video service had been climbing amid a 12 percent plunge in media stocks in the past month.
Shares of
the online subscription video service wiped out gains after Carl Icahn said he had exited his Netflix stake.
The world's largest
online subscription video service has produced an epic windfall for Icahn.
Not exact matches
From sources that the studios at one time claimed would put them out of business: Pay - per - view TV, cable and satellite channels,
video rentals, DVD sales,
online subscriptions, and digital downloads.
Comprised of everything from sales of
videos to Apple Music
subscriptions and iCloud
online storage space, the unit has more room for growth, Steven Pelayo at HSBC Global Research noted.
In a gamble that police departments will sign up for paid software
subscriptions, the company is offering a free body camera to police officers in addition to a year of free access to Evidence.com, its
online software for managing
video and other evidence.
The co-founder and CEO continues to invest to add services to the company's $ 99 - a-year
subscription program by delivering products in as little as an hour and creating exclusive
video programming for
online streaming.
This week's first - time disclosure by Chinese
online video firm iQIYI of its subscriber numbers and the confirmation that Alibaba will soon be ramping up its own
subscription video service have put a new spotlight on the financial feasibility of China's
video streaming sector.
«The success of iQIYI's paid
subscription model demonstrates the strong demand of Chinese audience for
online -
video platforms with high - quality content.
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