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Churn

All articles tagged with #churn

business2 years ago

Warner Bros. Discovery's Streaming Profit Soars, But Stock Sinks Amidst Ad Revenue Decline

Warner Bros. Discovery reported a $111 million profit in its streaming segment, while its studio segment was powered by the success of the movie "Barbie." The company's overall losses decreased, but its stock price fell due to the impact of Hollywood strikes and a sluggish U.S. ad market. Warner Bros. Discovery's global streaming subscribers slightly declined, but its streaming segment revenues increased. The networks segment saw a decline in revenues and advertising revenue due to audience declines and a soft ad market. The company aims to reduce churn and increase audience engagement for its streaming service, Max. Warner Bros. Discovery is positioning itself for future growth opportunities and aims to become a cash flow machine.

via Hollywood Reporter|
#business#churn#financial-results
business2 years ago

"Analyst Predicts Further Decline as Peloton's Stock Plummets 97%"

BofA Securities analyst Curtis Nagle has downgraded Peloton shares to underperform, citing concerns about potential subscriber churn. Peloton's stock has already dropped 97% from its pandemic-era high, but Nagle believes there is further downside risk. The current stock price does not adequately reflect the possibility of significant customer attrition.

via MarketWatch|
#bofa-securities#business#churn
economy2 years ago

Job Market Normalizing: Implications for Workers

Job openings and layoffs have slightly decreased for another consecutive month in July, indicating a return to pre-pandemic labor market patterns. The drop in job openings is attributed to a decline in turnover rather than contraction, signaling a normalization of the labor market. Quits increased in state and local government education but declined in accommodation and food services and arts, entertainment, and recreation. The lower wage sectors experiencing decreased quit rates suggest that workers may not see other opportunities due to stagnant wage growth. Economists are monitoring indicators such as the Black unemployment rate, job growth for prime age workers, and nominal wage growth ahead of Friday's jobs report.

via CNBC|
#churn#economy#job-market