Alright, it's official: Netflix (NASDAQ: NFLX) is launching its ad-supported video-streaming plan on November 3, 2022. In return, Netflix will insert four to five minutes of video ads per hour of viewing, placed at the start of every show or movie and during longer pieces of content. Third-party resellers who bundle or resell Netflix services may or may not offer the Basic With Ads alternative. Read More...
Motley Fool
Selling AMC Stock Could Be a Genius Move
If you bought $1,000 worth of AMC Entertainment Holdings (NYSE: AMC) stock at its all-time high of $62 in June 2021, you would have roughly $100 today — a decline of 90%. While the movie theater operator seems to be recovering nicely from the COVID-19 pandemic in 2020 and 2021, massive levels of equity dilution could leave investors holding the bag. At the height of the crisis in 2020, AMC’s revenue collapsed by 77% to $1.24 billion against the prior year, and it lost $4.59 billion.
