Tired of Timothée Chalamet

Tired of Timothée Chalamet

It seems like some cinema hall is closing down somewhere in Hong Kong every other week. Good. I’m surprised there are still so many cinemas around in this day and age when streaming services have changed the game to the extent of rendering the old model of movie-watching almost obsolete. I don’t go to the…

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Streaming turned profits in 2024. Wall Street's biggest worry is whether momentum can last.

Streaming turned profits in 2024. Wall Street’s biggest worry is whether momentum can last.

For years, the world’s biggest media companies struggled to make money off of their streaming services. The culprits: pricey content, user churn, and lots of competition. In 2024, that finally changed. The five giants — Netflix (NFLX), Disney (DIS), Paramount (PARA), NBCUniversal’s Peacock (CMCSA), and Warner Bros. Discovery’s Max (WBD) — collectively reported a profit…

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