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Goldman Sachs

Netflix Stock Tumbles After Goldman Downgrade, Price Target Cut

Netflix stock fell sharply on Friday after Goldman Sachs downgraded its shares to “Sell,” from “Neutral,” amid a threat of a “consumer recession.” Stock in Netflix tumbled by $9.07, or nearly 5 percent, to $183.74 in late day trading following analyst Eric Sheridan cutting his price target for company shares to $186 from $265 each […]

Goldman Sachs Invests $325M in Nielsen Rival

Goldman Sachs has agreed to invest $325 million in ad measurement and analytics company, the investment bank said on Wednesday.  iSpot, which measures the effectiveness of TV ads on linear and streaming platforms, was recently named by NBCUniversal as its preferred trading currency for the 2022 Upfront season. The company, which was founded in […]

AMC Networks CEO Says ‘Walking Dead’ Franchise Has “Decades of Life Left”

AMC Networks CEO Josh Sapan on Thursday said 'The Walking Dead' franchise still has "an awful lot of life left" despite lower ratings in recent seasons.

AT&T CEO Calls Activist Investor’s Letter a “Mixed Bag”

AT&T CEO Randall Stephenson on Tueday told a Goldman Sachs investor conference that a letter received from activist investor Elliot Management has some useful ideas but is overall "a mixed bag."

Disney Hires Former Goldman Sachs Exec to Bolster Streaming Service Launch

Walt Disney has tapped former Goldman Sachs exec Michael Cerda as vp product for Disney+.

Steven Spielberg’s Amblin Partners Hires Christina Leotis as CFO

The former L.A. Clippers exec replaces Lyndsay Harding as finance chief of the director's company.

Jim Shaw, Cable TV Kingpin in Canada, Dies at 60

Shaw handed the reins of the family-controlled western Canadian cable giant Shaw Communications to younger brother Brad in 2011.

Goldman Sachs Disclosure Reignites ITV Deal Talk

A hedging deal for the 9.9 percent in the U.K. TV giant held by John Malone's Liberty Global sets off the latest debate about a possible takeover.

Starz CEO on Lionsgate Merger: “We Will Be Able to Attract More and Better Talent”

Chris Albrecht discussed the implications for his company's original content strategy and carriage deals after completing the $4.4 billion deal.

Cinemark CEO Predicts U.S. Box Office Will Break Record This Year

"This year is going to reach the record 2015 and maybe slightly exceed it" due to mid-budget movie releases, CEO Mark Zoradi told an investors conference,

Imax Hires Former Sotheby’s Exec Patrick McClymont as CFO

He succeeds Joseph Sparacio at the giant-screen exhibitor.

China’s Alibaba Taps Former Goldman Exec, Olympic Gold Medalist as President

Canadian Michael Evans will be charged with helping the e-commerce giant expand globally.