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. 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.
DreamWorks Animation SKG Inc., the film studio run by Jeffrey Katzenberg, jumped the most in more than four years after the box-office success of “Turbo” and “The Croods” helped profit top analysts’ estimates.
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.
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.