May 19, 2020

Netflix stock rises 5% in wake of Disney/Fox merger

disney
netflix
fox
Stranger Things
hotmaillogin
2 min
Netflix stock rises 5% in wake of Disney/Fox merger

In the wake of the Walt Disney Company’s $73bn merger with 21st Century Fox, streaming service provider Netflix experienced a rise in its stock price of approximately 5%. According to a Fortune report, the rise in stock price has surprised some investors, who see the Disney/Fox merger as the most serious threat Netflix has faced to its dominance over the streaming space.

Netflix stock rose 4.6% to close at $375.22 a share Wednesday. Disney’s stock closed down 0.34% at $109.99 a share.

According to Fortune, “Wall Street believes that any threat from a Disney-Fox combination has long been priced in to the stock. Meanwhile, Netflix has been preparing for years for Disney to pull its content from Netflix’s library, stocking up on its own share of must-watch titles.”

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Hours after Disney announced the completion of the merger, Netflix launched a trailer for the third season of its hit series Stranger Things, which premiers on July 4, 2019. The trailer’s proximity to the announcement has been hailed as an expression of confidence by Netflix, given that Disney is reportedly gearing up to launch its own streaming service later in 2019.

Wall Street analysts Barron’s have cited Netflix’s commitment to overseas markets as a key driver of its longevity. Imperial Capital analyst David Miller wrote on Wednesday the studio’s foreign market content is boosting viewership both in the U.S. and overseas.

“Examples are Bodyguard, a crime drama filmed in Europe but which is playing well all throughout continental Europe; The Protector, a drama/fantasy series filmed and set in Turkey; and Baby, an Italian teen drama which is also finding cross-border appeal,” Miller wrote. “Too many media investors think of Netflix’s international business as simply U.S. content that is dubbed in various foreign languages, but in many cases the inverse of that is starting to take hold.”

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Jun 14, 2021

Giving efficiency the full throttle at NASCAR

CDW
NASCAR
3 min
CDW is a leading provider of information technology solutions, optimized business workflow and data capture systems for the auto racing company.

The NASCAR organization has long been synonymous with speed, agility and innovation. And so by extension, partnerships at NASCAR hold a similar reputation. One such partner for the organization has been CDW – a leading multi-brand provider of information technology solutions to businesses, government, education and healthcare customers in the United States, the United Kingdom and Canada. CDW provides a broad array of products and services ranging from hardware and software to integrated IT solutions such as security cloud hybrid infrastructure and digital experience. Customer need is the driving force at CDW, and the company helps clients by delivering integrated services solutions that maximize their technology investment. So how does CDW help their customers achieve their business goals? Troy Okerberg, Field Sales Manager - North Florida at CDW adds “We strive to provide our customers with full stack expertise, helping them design, orchestrate and manage technologies that drive their business outcomes.” 

NASCAR acquired International Speedway Corporation (ISC) in 2019, merging its operations into one, new company moving forward. The merger represents an important step forward for NASCAR as the sport creates a unified vision to embrace its long history of exciting, family-oriented racing experiences while developing strategic growth initiatives that will drive the passion of core fans and attract the next generation of race fans. CDW has been instrumental in bringing the two technology environments together to enable collaboration and efficiency as one organization. Starting with a comprehensive analysis of all of NASCAR’s vendors, CDW created a uniform data platform for the data center environment across the NASCAR-ISC organization. The IT partner has also successfully merged the two native infrastructure systems together, while analyzing, consulting and providing an opportunity to merge Microsoft software licenses as well. 

2020 turned into a tactical year for both organizations with the onset of the pandemic and CDW has had to react quickly to the changing scenario. Most of the initial change included building efficiencies around logistics, like equipment needing to be delivered into the hands of end users who switched to a virtual working environment almost overnight. CDW’s distribution team worked tirelessly to ensure that all customers could still access the products that they were purchasing and needed for their organizations throughout the COVID timeframe. Okerberg adds that today, CDW continues to optimize their offering by hyper-localizing resources as well as providing need-based support based on the size and complexity of their accounts. Although CDW still operates remotely, the company commits to adapting to the changing needs of their clients, NASCAR in particular. Apart from the challenges that COVID-19 brought to the organization, another task that CDW had been handed was to identify gaps and duplicates in vendor agreements that the two former single-entity organizations had in place and align them based on services offered. CDW further helps identify and provide the best solution from a consolidation standpoint of both hardware and software clients so that the new merged organization is equipped with the best of what the industry has to offer. 

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