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Cars drive past a sign featuring Mickey Mouse at the entrance to Walt Disney World on the day that portions of the theme park, including the Magic Kingdom, reopened to guests after being closed since mid-March due the coronavirus pandemic.
Paul Hennessy | SOPA Images | Getty Images

This round, Disney beat Netflix.

Disney’s continued growth, juxtaposed with a disappointing quarter for Netflix, was the big story of this quarter’s earnings season. Disney benefited from a handful of popular movies that it placed directly on its Disney+ service in the quarter ended June 30, such as “Cruella” and “Luca,” while Netflix is banking on a return to growth next quarter, when hit originals such as “Sex Education” and “Money Heist” return to the service.

Disney+ and Hotstar, Disney’s Indian streaming service, added 12.4 million new subscribers from last quarter, while Netflix added just 1 million new customers. Last quarter, Disney added almost 9 million new Disney+ subscribers and Netflix added about 4 million new customers.

“Last quarter, we had a little bit of weakness in streaming subs both at Netflix and Disney. The weakness continued for Netflix, but it didn’t for Disney,” said Mark Zgutowicz, an analyst at Rosenblatt Equity Research, in a CNBC interview. “Disney+ is about 90 million subs behind Netflix globally now. With this number today, it’s tracking toward a 20 million net add gain on Netflix this year.”

All of the big streaming video players have reported earnings this quarter. The following is a rundown of where all the major streaming services stand:

Netflix

  • 209 million global paying subscribers (Up 1 million from last quarter)
  • 73.95 million subscribers in U.S. and Canada
  • ARPU for U.S. and Canada: $14.54

Disney

  • Disney+ (including Hotstar): 116 million subscribers, $4.16 global ARPU (Up 12.4 million from last quarter)
  • Hulu SVOD only: 39.1 million subscribers, $13.15 ARPU
  • Hulu SVOD+Live TV: 3.7 million subscribers, $84.09 ARPU
  • ESPN+: 14.9 million subscribers, $4.47 ARPU

Amazon Prime Video

  • More than 175 million Amazon Prime members have streamed shows and movies in the past year (No updates given during second-quarter earnings)
  • Prime memberships cost $12.99 a month or $119 a year, but offer many benefits other than streaming video — including free one-day or two-day shipping on most Amazon packages. Amazon does not break out ARPU by Prime members.

Apple

  • Apple TV+ subscribers: ? (No updates given during second-quarter earnings)
  • ARPU: ?

Apple‘s free one-year trials to Apple TV+, which it gives away with new hardware such as iPhones, are now starting to expire for many customers, which could spur the company to offer an update on its next earnings call.

NBCUniversal’s Peacock

  • 54 million “signups” (Up 12 million from last quarter)
  • More than 20 million monthly active accounts
  • ARPU: ?
  • Three tiers: Free with commercials, $4.99 a month for fewer ads and more content, $9.99 a month ad-free

Comcast‘s NBCUniversal, the parent company of CNBC, successfully used the Tokyo 2020 Olympics Games to push Peacock subscriptions. NBCUniversal will likely add more Olympics-related signups next quarter, as it reported Peacock statistics only about half way through the Games.

While the company has not released an official figure for ARPU yet, NBCUniversal estimated in January that Peacock would deliver $6 to $7 a month across its three tiers.

WarnerMedia’s HBO and HBO Max

  • 67.5 million global subscribers (Up 3.6 million)
  • 47 million domestic subscribers (Up 2.8 million)
  • ARPU: $11.90 domestically

AT&T raised its year-end global subscriber forecast for HBO Max to 73 million from 70 million in its second-quarter earnings statement. As of March, it expects 120 to 150 million subscribers by the end of 2025.

ViacomCBS

  • More than 42 million subscribers across Paramount+, Showtime, Noggin, BET+, and other platforms (Up about 6.5 million, the “overwhelming majority” of which came from Paramount+)
  • Over 52 million monthly average Pluto TV users (Up 2 million)
  • ARPU: ?

Average revenue per user remains a question mark for ViacomCBS, which has still chosen not to reveal the statistic.

“We’ve been on a journey of increased disclosure over time,” ViacomCBS CEO Bob Bakish told CNBC. “We will continue to evolve disclosure.”

Discovery

Starz

  • 28.9 million global subscribers (Down 600,000), 16.7 million of which are streaming
  • ARPU: About $6 per month

Lionsgate‘s Starz actually lost total subscribers in the quarter, though the decline relates to cancellations of the company’s linear service. Streaming customers rose 58% year-over-year to 16.7 million globally.

AMC Networks

  • Total subscribers: ?
  • ARPU: ?

AMC Networks said earlier this month it expects to have at least 9 million paid streaming subscribers across its platforms by the end of the year. The company’s flagship streaming product is AMC+, which may see a boost in subscribers after signing a deal with Verizon earlier this week, giving certain subscribers a free trial of the product for 6 or 12 months.

Disclosure: NBCUniversal is the parent company of CNBC.

WATCH: Why this analyst is staying neutral on Disney despite earnings beat

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SoftBank’s Arm to reportedly launch AI chips by 2025 to capture explosive demand

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SoftBank's Arm to reportedly launch AI chips by 2025 to capture explosive demand

Arm logo displayed on a screen and and microchip are seen in this illustration photo taken in Krakow, Poland on September 14, 2023.

Jakub Porzycki | Nurphoto | Getty Images

SoftBank Group subsidiary Arm is planning to launch artificial intelligence chips by next year, according to a Nikkei Asia report, as the battle for AI chip dominance intensifies.

The U.K.-based chip designer, in which SoftBank has a 90% stake, will set up an AI chip unit to build a prototype by spring 2025, according to the report on Sunday.

SoftBank is in discussion with contract manufacturers including Taiwan’s TSMC to produce the AI chips, the report added. Mass production is slated to begin in the fall of 2025.

Arm designs the fundamental architecture upon which the chips are built. It then sells licenses for its designs to companies such as Qualcomm and Nvidia, charging royalty fees on each sale they make. The company claims 99% of premium smartphones are powered by Arm technology.

The company will bear the initial development costs of the AI chips, which could reach “hundreds of billions of yen,” according to the report. After a mass-production system has been set up, Arm’s AI chip business could be “spun off and placed under SoftBank.”

Arm shares have risen nearly 45% so far this year, and its market capitalization stands at over $113 billion, according to LSEG data. The company was acquired by SoftBank in 2016 for $32 billion, and was listed on the Nasdaq last year.

Founded and helmed by Japanese billionaire Masayoshi Son, SoftBank is betting big on AI and reportedly plans to invest $960 million by next year to boost its computing facilities for generative AI. In June, Son said SoftBank wants to “be [in] the leading position for the AI revolution.”

SoftBank is looking to build AI data centers, powered by homegrown chips, across the U.S., Europe, Asia and the Middle East as soon as 2026, Nikkei said.

SoftBank is set to report its earnings for the fiscal year ended March 31 on Monday.

Read the full report on Nikkei Asia.

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Elon Musk’s X loses lawsuit against Bright Data over data scraping

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Elon Musk's X loses lawsuit against Bright Data over data scraping

Tesla CEO Elon Musk

Omar Marques | Getty Images

A federal judge in California dismissed a lawsuit filed by Elon Musk’s X against Israel’s Bright Data, in a case that involved the scraping of public online data and its appropriate uses.

X, formerly Twitter, sued Bright Data, alleging the company “scrapes data from X” and sells it “using elaborate technical measures to evade X Corp.’s anti-scraping technology.” X also claimed the company violated its terms of service and copyright.

Data scraping occurs when automated programs scour publicly accessible websites to collect data, which can later be used for a wide range of purposes, including training artificial intelligence models and targeting online ads. The practice is generally legal in the U.S. when it involves scraping publicly accessible data, according to a 2022 ruling that capped off an extended legal battle involving LinkedIn.

X was previously seeking more than $1 million in damages from unknown defendants over “unlawfully scraping data associated with Texas residents,” according to a suit that was filed in Dallas County.

In dismissing the complaint, Judge William Alsup wrote, “X Corp. wants it both ways: to keep its safe harbors yet exercise a copyright owner’s right to exclude, wresting fees from those who wish to extract and copy X users’ content.”

Giving social networks complete control over the collection and use of public web data “risks the possible creation of information monopolies that would disserve the public interest,” the judge wrote. He added that X was not “looking to protect X users’ privacy,” and was “happy to allow the extraction and copying of X users’ content so long as it gets paid.”

A representative for X didn’t immediately respond to a request for comment.

Meta previously filed a complaint against Bright Data and was similarly unsuccessful.

Bright Data said in an emailed statement that its victories against Meta and X show that public information online “belongs to all of us, and any attempt to deny the public access will fail.”

“What is happening now is unprecedented, the implications impact general business, research, AI and beyond,” the company said.

Bright Data says it only scrapes publicly available data that’s visible to anyone without a login. At the time of the suit’s filing, X made the information Bright Data scraped available to anyone.

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Elon Musk on X subscriptions: 'Free speech isn't exactly free it costs a little bit'

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Climate protesters try to break into Tesla’s Germany factory, multiple people arrested

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Climate protesters try to break into Tesla's Germany factory, multiple people arrested

Police confront environmental activists in a forest near the Tesla Gigafactory electric car factory near Gruenheide, Germany, May 10, 2024.

Axel Schmidt | Getty Images

Climate protesters angry about Tesla’s plans to expand its Berlin-Brandenburg Gigafactory in Germany tried to break into the plant on Friday, according to a statement from local police.

“Multiple unauthorized people are trying to enter the ground of the Tesla factory,” Brandenburg police said via X Friday. “We are in the process of preventing this.”

“The situation is dynamic,” a Brandenburg police spokesperson told CNBC Friday, adding that there have been multiple roadblocks in the area due to the demonstrations.

A Tesla spokesperson was not immediately available for comment when contacted by CNBC.

Since Monday, a camp has been set up near the Tesla grounds at its Brandenburg plant, with participation increasing since Wednesday and peaking on a German bank holiday Thursday, police said.

Police confront environmental activists in a forest near Tesla’s German Gigafactory, May 10, 2024.

Axel Schmidt | Getty Images

Protest gatherings were planned for Friday, one stationary near the Tesla factory grounds and another involving a procession from the camp, the Brandenburg police spokesperson told CNBC.

However, disruptions ensued, including attempts to breach the Tesla premises and sit-in blockades on roads, leading to roadblocks, the spokesperson said.

Protesters also occupied a nearby airfield in the Neuhardenberg municipality, lighting pyrotechnics and blocking access roads, according to the police.

Police intervened, leading to multiple arrests and instances of force. The police operation involved support from neighboring states and national forces, the spokesperson added.

CNN reported on Wednesday that Tesla asked its workers to stay home rather than come into the factory Friday due to concerns over the protests surrounding its Brandenburg plant.

André Thierig, a senior manufacturing director at the Tesla factory, confirmed via X on Tuesday that the electric car maker was shuttering production Friday in a “one-day planned production shutdown.”

Tesla is pursuing a major expansion for its battery and car assembly factory in Brandenburg, Germany, about 32 miles south of Berlin.

Police officers guard an access road to the Neuhardenberg airfield. Tesla vehicles produced at the Grünheide plant are temporarily stored on the airfield site.

Patrick Pleul | Picture Alliance | Getty Images

Tesla’s planned expansion includes designs for a rail freight depot and storage facilities that could help it avoid reliance on other logistics providers and avoid production pauses due to parts shortages.

Locals in February voted against authorizing the factory expansion. However, the vote was nonbinding and Tesla and local officials still intend to push ahead.

Climate protesters have expressed concerns about Tesla’s plans, which entail cutting down approximately 250 acres of forest in a rural community of fewer than 8,000 residents near a nature conservation area.

Tesla CEO Elon Musk has previously lashed out at protesters targeting Tesla’s German Gigafactory, saying on X in March they’re “either the dumbest eco-terrorists on Earth or they’re puppets of those who don’t have good environmental goals.”

— CNBC’s Lora Kolodny contributed to this report

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