Russia charges online movie portal with distributing 'LGBT propaganda' to minors
The Russian government is pursuing charges against film database Kinopoisk, accusing them of distributing LGBT propaganda in violation of anti-perversion laws.
Netflix subscriptions jump, password crackdown pays off
Netflix subscriptions are up after the streaming platform cracked down on users sharing their passwords, with an average of 73,000 new daily sign-ups from May 25 to May 28.
Elizabeth Holmes reports to prison; ‘Dropout’ star Amanda Seyfried weighs in on sentence
Amanda Seyfried, who recently portrayed Elizabeth Holmes, reacted to the news the Theranos CEO was set to report to prison Tuesday to begin serving her 11-year sentence.
Netflix shares surge as streamer wows ad community
The jump in Thursday’s share price puts Netflix closer to its highest close since April 5, 2022, when it finished the trading session at $380.15.
Disney content purge amid Disney+, Hulu merger means some films, TV shows could soon be unavailable
The Walt Disney company plans to consolidate its Disney+ and Hulu streaming services into a "one app experience," which will necessitate slashes in content production.
Warner Bros. Discovery projects profitability for its US streaming this year
Warner Bros. Discovery gave an update Friday on its U.S. streaming profitability timeline. CEO David Zaslav revealed the company now anticipates turning a profit in 2023.
Paramount explores sale of majority stake in Noggin streaming service
Paramount is thinking of selling Noggin, its streaming and education platform for kids to focus on Paramount+ and Pluto as competition heats up from Netflix and Disney+
Roku planning to lay off another 200 workers
Roku, in an SEC filing this week, says it is planning to cut another 200 workers as part of a plan to prioritize projects that will have a “higher return on investment."
Disney managers told to identify layoff candidates, with 4K job cuts expected by April: report
The Walt Disney Co. is reportedly planning to lay off at least 4,000 current employees in April after CEO Bob Iger announced a plan to cut 7,000 jobs as a cost-saving measure.
Disney+ users paid up when the price rose
Disney retained 94% of subscribers from its old, ad-free Disney+ service after a $3 per month price increase, pushing the subscription to $10.99 per month.
Diamond Sports files for bankruptcy with $8B in debt
Sinclair Broadcast Group Inc.'s regional sports business Diamond Sports Group filed for bankruptcy after being unable to service debt. The filing comes three years after a 2019 deal to purchase the business from Walt Disney Co.
Morgan Wallen’s chart-domination strategy? Really long albums
Morgan Wallen has become one of the most significant new stars across pop music. If 28 songs from his album land on the Hot 100 singles chart, he will set a new record.
Tyler Perry expressed interest in buying majority stake of BET media group from Paramount Global
Tyler Perry has demonstrated interest in purchasing a majority stake in Black Entertainment Television, BET for short, which is currently controlled by Paramount.
Netflix plans to stop users from sharing passwords by end of March
Netflix told company shareholders in a recent letter that it plans on curbing users from sharing their account passwords by the end of March.
Netflix founder Reed Hastings stepping down as co-CEO
Reed Hastings, who founded Netflix in 1997, announced that he'll step down as co-CEO at the streaming platform and take on a new role as executive chairman.
Alexa, that isn’t Elvis! New music shuffle irks Amazon Prime users
Amazon has downgraded its Prime tier of Amazon Music to something akin to Pandora internet radio. To use playlists customer most upgrade to the Unlimited tier.
HBO Max increases monthly service fee by one dollar to $15.99
HBO Max has increased its monthly service fee for the first time in the platform's two-year history by one dollar to $15.99 starting this week.
Netflix announces partnership to stream SAG Awards live
Netflix is partnering up with the Screen Actors Guild Awards to bring the star-studded ceremony its platform, the streaming giant announced on Wednesday.
Disney will dump 'cash cow' ESPN and ABC in late 2023, Wells Fargo predicts
Wells Fargo bank analysts are predicting the return of Walt Disney CEO Bob Iger will lead to a spinoff of ESPN and ABC.
'NFL Sunday Ticket' fight appears to have new front-runner
Google's YouTube has reportedly emerged as the front-runner to acquire rights to the NFL's "Sunday Ticket" service after years of it being with DirecTV.