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AWS driving Netflix, Fortnite, Zoom entertain and empower millions at home. New Delhi, May 24 (IANS) As you stream your favourite movies or TV series on Netflix, Disney Plus or Hulu, or connect with your team via video meet app Zoom, leading Cloud service provider Amazon Web Services (AWS) in the backdrop is ensuring seamless, scalable and secure connectivity to help people at home and organisations function while they can''t operate normally at work. All those entertainment pieces have kind of made time go by," Jassy said during a fireside chat at AWS Online Summit recently. "Fortnite runs on top of AWS, and so does Sony PlayStation. A lot of other popular games too," he infomed. "If you just look at companies like Blackboard and Instructure''s Canvas, which run on top of AWS. A lot of the things that are allowing us to deal with the crisis run on top of AWS. So we''re just trying to help our customers in various areas," Jassy emphasised.

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Stocks recently featured in the blog include: Amazon AMZN, Facebook FB, Netflix NFLX, Apple AAPL and Microsoft MSFT. Technology stocks helped drive the historic bull market that the coronavirus brought to an abrupt end. Some of these same tech powers, and the industry in general, have picked up right where they left off during the market’s two-month rally. These come in the form of blue-chip giants such as Amazon, which hit new highs Wednesday, as its e-commerce and cloud spaces prove somewhat immune to the coronavirus. So here are 3 blue-chip tech stocks that investors might want to buy…. AAPL is a Zacks Rank #2 (Buy) right now that sports “B” grades for both Value and Growth in our Style Scores system. Even near its highs, longer-term investors will likely look back in a year from now and wish they could buy Apple at its current price.

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Global Video Streaming Market Report 2020-2027, Featuring Akamai Technologies, Netflix, Tencent, iflix and Rakuten Viki. DUBLIN, May 21, 2020 /PRNewswire/ -- The "Video Streaming Market Size, Share & Trends Analysis Report by Streaming Type, by Solution, by Platform, by Service, by Revenue Model, by Deployment Type, by User, and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering. The over-the-top (OTT) segment held the largest revenue share and is also expected to grow at the fastest pace over the forecast period. Asia Pacific is expected to witness significant growth over the forecast period, majorly due to increasing demand for high-speed internet connectivity and on-demand video streaming. Key players in the video streaming market include Akamai Technologies, Amazon Web Services, Inc., Apple Inc., Cisco Systems, Inc., Google, Kaltura, Inc., Netflix, International Business Machine Corporation (IBM Cloud Video), Wowza Media Systems, LLC, AT&T Intellectual Property, and Hulu.

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Apple Buys Older Shows for TV+, Stepping Up Netflix Challenge. (Bloomberg) -- Apple Inc. is acquiring older movies and shows for its TV+ streaming service, aiming to build a back catalog of content that can better stack up against the huge libraries available on Netflix, Hulu and Disney+. The company’s video-programming executives have taken pitches from Hollywood studios about licensing older content for TV+ and have bought some shows and movies, according to people familiar with the matter. It costs $4.99 a month -- less than half the typical Netflix subscription -- and it’s free for one year for people who buy Apple devices. Until recently, Apple has steered clear of buying rights to old shows like “Seinfeld,” which went to Netflix, or “Friends,” which will be on HBO Max.

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Video On Demand (Vod) Service Market with Coronavirus (Covid-19) Impact Analysis | also Industry is Booming Worldwide with Key Players | Netflix, Apple, Comcast Corporation, Amazon Video (Vod), Youtube, Vudu, inc, Hulu, Dish Network, Home Box office. Also, report providing market data derived from primary as well as secondary research techniques. The report aims to deliver premium insights, quality data figures and information in relevance with aspects such as market scope, size, share, segments including types of products and services, application, geographies as well. Who all can be benefitted out of this Video On Demand (Vod) Service market report?

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The first-quarter 2020 earnings season is as bad as expected, with the coronavirus butchering bottom lines worldwide, except those of Netflix and soap makers. The entertainment streaming giant said 15.8 million more people had subscribed between January and the end of March, as billions were confined to their homes to help stem the spread of COVID-19. Despite anecdotes of heavy drinking during confinement, sales by the second biggest wine and spirits group worldwide, Pernod Ricard, fell by 14.5 percent as customers at airport duty free shops disappeared. TUI, the leader in global tourism, has asked Germany to lend it 1.8 billion euros ($1.9 billion) to cushion the impact of COVID-19 on one of the hardest-hit sectors.

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By Julia Horowitz, CNN Business It's a good time to be a company whose business booms when people stay at home. But even Netflix, which is experiencing surging subscriber growth, may face tougher times ahead. The latest: The company said after US markets closed on Tuesday that it had added a stunning 16 million subscribers between January and March as the coronavirus pandemic led people to hunker down and binge on hit docuseries such as "Tiger King" and reality shows like "Love is Blind," my CNN Business colleague Frank Pallotta reports. Netflix now has 183 million subscribers globally and expects to add another 7.5 million in the second quarter. Disney+, Disney's new streaming service, crossed the 50 million subscriber mark earlier this month. And HBO Max, the streaming service from CNN parent AT&T, will launch on May 27.

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Netflix Inc (NASDAQ:NFLX) has seen its subscriber numbers boom in the first part of 2020 as the coronavirus pandemic drives a surge in demand for streaming services. Overnight, the firm reported it added 16mln new subscribers in the first quarter of 2020, its biggest-ever quarter for paid net additions and more than double forecasts. Meanwhile, the group reported earnings for the quarter of US$709mln, up from US$344mln a year ago, as revenues climbed to US$5.8bn from US$4.5bn. The business model demands that Netflix leverages its operations by servicing an increasing number of paying users, so it’s particularly encouraging to see international additions rising, as Netflix is running out of room to grow in its domestic market”, said Hargreaves Lansdown analyst Sophie Lund-Yates. However, the analyst warned that while the extra subscribers may be a boon in the short-term, paused production meant Netflix’s content library “isn’t being replenished as usual”.

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(Reuters) - Netflix Inc more than doubled its own projections for new customers as quarantined audiences binged on series such as "Tiger King," but the company predicted a weaker second half of the year if stay-at-home orders to fight the coronavirus are lifted. The world's largest streaming service gained 15.8 million paying customers from January through March, bringing its global total to 182.9 million. The company is among the few businesses to benefit from government orders imposed in March to keep people away from each other in order to stop the spread of the highly infectious novel coronavirus. While the S&P 500 Index has fallen 19% from its Feb. 19 record high, Netflix has gained 11% during the same period. Netflix also issued a bullish forecast that it would add 7.5 million new customers for the current quarter, which ends in June, though the company said it was "mostly guesswork" given uncertainty over when stay-at-home orders might be lifted.

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Number is more than double the figure company had predicted, with most of the growth occurring outside North America. Some 64 million member households sampled Netflix’s true crime documentary miniseries ‘Tiger King: Murder, Mayhem and Madness.’Photo: Gabby Jones/Bloomberg News. Netflix Inc. ended the first quarter with nearly 16 million new subscribers as people around the globe stuck at home due to the coronavirus pandemic are increasingly turning to streaming services to entertain themselves. “Like other home entertainment services, we’re seeing temporarily higher viewing and increased membership growth,” Netflix said in its letter to shareholders, noting that much of that growth came in March when shelter-at-home orders began. In the U.S. and Canada, where it faces more competition as other media companies launch their own streaming services, Netflix reported 2.3 million new paid subscribers, compared with a gain of 548,000 in the fourth quarter and 1.9 million in the first quarter a year ago.

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