Netflix Inc., the world’s largest subscription streaming service, will report after markets close today that its U.S. Web subscribers rose to 33.1 million in the fourth quarter, according to a survey of analysts.
Netflix Inc., the largest subscription-video service, rose as much as 4.3 percent after a Wall Street analyst reversed his negative view of the company and recommended buying the shares for the first time.
Netflix Inc. is poised to pass HBO in paid U.S. subscribers, showing Chief Executive Officer Reed Hastings is making progress toward a goal of transforming the streaming service to a Web-based television network.
The New York Yankees are worth a Major League Baseball-high $2.85 billion after a group led by basketball Hall of Fame player Magic Johnson bought the Los Angeles Dodgers in a $2.3 billion transaction, according to an estimate by a media analyst.