Silicon Beach Report Aug. 27: Netflix Stock Back Up

0

Netflix stock rises again; ATTN: adds Surovell; SpaceX works toward crewed launch

Netflix Stocks Are Up

Netflix’s stock price is on the rise – up 12 percent – after a tumultuous year, CNBC Technology reports. The entertainment streaming provider’s stock fell over 20 percent from June through August – though its stock is still 94 percent higher than the previous year. Currently, the company trades with a price-to-earnings ratio of 95 times forward earnings.

Digital Media Company ATTN: Hires Surovell

Fairfax-based digital media startup ATTN: Inc. has hired Jesse Surovell as its newest head of television development, both scripted and unscripted. The Hollywood Reporter writes Surovell’s previous experience includes being vice president of development at Pop, a joint cable venture operated by CBS Broadcasting Inc. and Lions Gate Entertainment Corp.

SpaceX Prepares for Crewed Spaceflight

ArsTechnica reports Space Exploration Technologies Corp. will launch its Falcon 9 rocket Sept. 9 from Cape Canaveral Air Force Station in Florida, and links to a “binural audio immersion” of the SpaceX’s Falcon Heavy launch in early 2018. This comes just after news from Ars that the SpaceX crew added a new crew-access arm near the launch tower, the latest in a series of preparations for the upcoming NASA-approved crewed flight set for early 2019.

No posts to display