Streaming media

Netflix stock spikes after earnings beat

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Netflix's stock was up roughly 10% on Wednesday, after the company said it surpassed expectations for earnings per share and international subscriber growth, a key metric for the company because of saturation in the U.S.

Why it matters: This quarter's earnings are the last before the "streaming wars" really begin to pick up. Disney is expected to launch its subscription streaming service Disney+ on November 12th. AT&T and Comcast/NBCUniversal are slate to launch their respective streaming services next April.

Disney's Bob Iger tops The Hollywood Reporter's most powerful list

Courtesy The Hollywood Reporter

The Hollywood Reporter placed put Walt Disney Co. chairman and CEO Bob Iger at the top of its list of the entertainment industry's 100 "most powerful execs, makers and stars."

Why he matters, per THR: "Disney+ leads a wave of billion-dollar Netflix competitors that are transforming the entertainment industry and launching a new age of ambition (and anxiety)."