n Wednesday, Verizon warned customers subscribed Fios TV that they could lose access to ESPN and ABC if there’s no deal to renew a contract with Walt Disney Company.

Netflix revealed that it has added nearly 7 million new subscribers in the last quarter. The new numbers mean that Netflix now has a subscriber base of more than 137 million people all over the world.

Volkswagen has just announced that it will stop making it classic Beetle starting next year. This will mark nearly seventy years of production in North America.

With the coming of Netflix and its huge success, Disney starts to work on its own streaming platform.

After a steady growth in value, Netflix stocks finally plummeted. Many analysts are wondering whether the bubble has finally burst but even then, there are some genuine explanations to this sudden downward spiral.

Disney has officially raised its offer for 21st Century Fox and all its assets. The company is now offering $38 per share to purchase Fox. This represents a total takeover bid of about $71.3 billion. The figure is a huge increase from the initial $52.4 billion that Disney was offering.