Vimeo, Inc.

Shares of Vimeo, a video platform, <a href="https://finance.yahoo.com/quote/VMEO/">soared</a>&nbsp;nearly 61% to $7.74 per share yesterday, September 10, after the company <a href="https://investors.vimeo.com/news-releases/news-release-details/vimeo-enters-definitive-agreement-be-acquired-bending-spoons-138">announced</a>&nbsp;it would go private and be acquired by Italian conglomerate Bending Spoons, which owns Evernote and WeTransfer. As a public company, Vimeo faced increasing pressure to balance growth initiatives with short-term financial expectations, Noble Capital Markets <a href="https://www.channelchek.com/news-channel/vimeo-to-go-private-in-1-38-billion-deal-with-bending-spoons">argues</a>.&nbsp;

Video platform Vimeo to be acquired at 63% premium, shares jump 61% in a day

Netflix, Inc.

Alphabet Inc.

The Walt Disney Company

Streaming service Netflix plans to open two theme parks - in Philadelphia and Texas - by the end of the year, and another in Las Vegas in 2027. The company is investing heavily in gaming and sports streaming and calls the TV show market "an obvious growth point." The all-around expansion in entertainment is making the online movie theater more and more like Disney. Journalist Roman Mighty broke down for Onivest whether this strategy can bring the company growth to its planned trillion-dollar capitalization.

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Video platform Vimeo to be acquired at 63% premium, shares jump 61% in a day

Luna Park, games and bloggers: how Netflix is expanding its business beyond online movie theater