entertainment

Spotify’s Unusual IPO Caused Worries of Big Banks

Spotify’s Unusual IPO Caused Worries of Big Banks

Shares of Spotify Technology S.A. (NYSE: SPOT) are expected to start trading on New York Stock Exchange today. Instead of raising money by selling new shares, Spotify only sells existing shares through a direct listing, given the company’s val..

Spotify Forecasts Strong 2018 Year Ahead of IPO Launch

Spotify Forecasts Strong 2018 Year Ahead of IPO Launch

Spotify Technologies SA (NYSE: SPOT) forecast a strong fiscal year growth as its initial public offering launching approaches. The music streaming service will go public next week April 3 and will list itself on the New York Stock Exchange under the..

Black Panther is a Certified Global Blockbuster

Black Panther is a Certified Global Blockbuster

The Walt Disney Co (NYSE: DIS) Marvel movie Black Panther opened with a bang globally, sucking in a huge $169 million from approximately 70 percent of the global markets. The worldwide total until February 18 was $361 million. Among the countries, S..

Netflix Shares Hit All Time High on Q4 Beat

Netflix Shares Hit All Time High on Q4 Beat

Netflix Inc. (NASDAQ: NFLX) smashed subscriber count estimates during its fourth quarter financial results, sending shares to all a new all time high on Tuesday. Shares opened up 13 percent higher on Tuesday, hitting a new all time high of $257..

Roku Shares Rise on Bullish Price Target

Roku Shares Rise on Bullish Price Target

Roku Inc. (NASDAQ: ROKU) shares continued to rise into Tuesday after Needham analyst Laura Martin gave a price target of $50 for the company, 10 percent higher than the Wall Street consensus price target of $45, according to Bloomberg data. Roku sha..

China’s Virtual Reality Market Grows

China’s Virtual Reality Market Grows

Guiyang, China has created the country’s very first virtual reality theme park hoping to increase demand for virtual entertainment. China’s virtual reality market is expected to hit almost $8.5 billion in the next 2 years. This park is 3..

SeaWorld Entertainment Q3 Results Miss Estimates As Attendance Falls

SeaWorld Entertainment Q3 Results Miss Estimates As Attendance Falls

SeaWorld Entertainment, Inc. (NYSE: SEAS) reported its financial results for the third quarter on Tuesday. In the third quarter, attendance continued to drop, and its Q3 results missed estimates.Revenue for the third quarter dropped 9.8% from $485.3..