CHINA TOPIX

05/18/2024 09:25:55 pm

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Comcast-Time Warner

Rise in Subscriber Numbers Boosts Netflix Profits

US-based online video streaming provider Netflix announced profits more than doubled for the second quarter of the year thanks to strong growth in subscribers at home and overseas.

AT&T Buys DirecTV for US $50 Billion

AT&T has officially agreed to buy DirecTV for nearly US $50 billion, ending months of negotiations that will boost the telecom giant's customer base and raise its ability to compete with Comcast-Time Warner Media, US press reported on Monday.

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