Paris, France - Saudi Arabian sports investment fund SURJ, linked to the kingdom's sovereign wealth fund, has acquired a minority stake in sports streaming platform DAZN, the two parties announced on Monday. The statement said the deal would focus on the Middle East and North Africa. "As part of this agreement,...
Disney+ subscribers surge as Netflix stumbles
The number of people subscribing to Disney+ topped 152 million, up some 31 percent from the same period a year earlier, the entertainment giant said in an earnings report. Disney's bottom line was also boosted by rising revenue from its theme parks, which showed signs of recovering from stifled attendance...
Netflix subscriber growth slows
The company saw 221.8 million subscribers in 2021.
