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Netflix adds 9.3m subs in Q1
Netflix added 9.3 million subscribers in Q1 2024, hugely surpassing analysts’ estimates, and now has 269.6 million subscribers globally, further asserting the company as the world’s leading streaming service. Netflix reported revenue of $9.4 billion (€8.8bn), up 15 per cent YoY, and operating income of $2.6 billion. The company advised that it will stop reporting…
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Exclusive: Georgia lawmaker runs secret election-conspiracy Telegram channel
Bridget Thorne, a Republican elected in Fulton county in 2022, has spread election fraud lies and accused county employees of crimes A Fulton county commissioner in Georgia has been operating a private Telegram channel for years, propagating debunked claims about the 2020 election, and spreading accusations of crimes by county employees, including Ruby Freeman, an…
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Exclusive: Georgia lawmaker runs secret election-conspiracy Telegram channel
Bridget Thorne, a Republican elected in Fulton county in 2022, has spread election fraud lies and accused county employees of crimes A Fulton county commissioner in Georgia has been operating a private Telegram channel for years, propagating debunked claims about the 2020 election, and spreading accusations of crimes by county employees, including Ruby Freeman, an…
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Ally launches digital products in first quarter
Ally Financial invested in its digital product strategy, which continues to boost customer retention rates. “We have expanded our products and features to deepen customer relationships, including Ally Home and Ally Invest,” Interim Chief Executive Doug Timmerman said today during the bank’s first-quarter earnings call. During the quarter, the bank launched Ally Home Grant,…
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RPA does job of 500 people at KeyBank
KeyBank is using robotic process automation to boost efficiency without hiring more people. The $189 billion bank has about 300 processes automated through (RPA), Michael Reynolds, business technology executive for service digitization, said last month at Bank Automation Summit 2024 in Nashville, Tenn. “Translate that into people. … That’s about the work of 500 people…
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Best podcasts of the week: How one woman’s private paradise turned into her own personal hell
In this week’s newsletter: Alice Levine’s The Price of Paradise follows the story of Jayne Gaskin, and the Caribbean island that wasn’t all it seemed. Plus: five of the best bad movie podcasts • Don’t get Hear Here delivered to your inbox? Sign up here The Price of ParadiseWidely available, episodes weeklyThe tale of Jayne…
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Italy: Rai breaks even in 2023
Italian public broadcaster Rai achieved a balanced net profit for 2023, according to financial statements approved by its Board of Directors. Net debt improved to €568 million compared to the previous year, indicating a sustainable financial position. Despite missing revenue from major sporting events and facing advertising restrictions, overall advertising income grew by more than…
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Data: UK companies continue to up marketing spend
UK companies revised their marketing spend up once again in Q1 2024, stretching a run of growth that dates back to the second quarter of 2021, according to the latest IPA Bellwether Report. A sustained upturn in marketing spend comes amid an improving economic backdrop for the UK economy, with an impending emergence from recession…
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DAZN extends LaLiga rights in Italy, Portugal
DAZN, the sports streaming platform, has announced the extension of its exclusive LaLiga broadcast rights in Italy and Portugal. Already the broadcaster of Spain’s top flight football league domestically and in other key European markets, DAZN has renewed its contract as the exclusive rightsholder of LaLiga EA Sports in Italy and Portugal until 2029. Italian…
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Report: Netflix pipeline leads to consecutive quarters of share growth
Two years after small subscriber losses disappeared an eventual $200 billion in shareholder value, Netflix has almost fully recovered its peak share price, and kicks off the latest round of media and entertainment earnings with the wind at its back reports Parrot Analytics When analysing key metrics such as subscribers, profitability, and audience demand, it’s…