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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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2020
Netflix Beats Estimates In Third Quarter, Reaching 214 Million Subscribers
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deadline.com
deadline.comNetflix beat forecasts for subscriber growth — its own as well as Wall Street’s — in the third quarter, reaching 214 million worldwide.The company matched revenue estimates in the period ending September 30, reporting $7.48 billion, but demolished earnings per share estimates.
After forecasting $2.55, it posted $3.13.Netflix had predicted it would add just 3.5 million subscribers, a decidedly more modest growth level than previous third quarters.
It has had some misses in forecasting in recent quarters, but executives have chalked that up to the inevitable peaks and valleys of subscriber trends as time unfolds.
The company has also pointed to an upswing in engagement numbers in an attempt to allay any concerns about a potential plateau in
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