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.
The end of Netflix password sharing is nigh
Netflix sees password sharing as an obstacle to new subscriptions, and is trying to balance cracking down on shared accounts with maintaining brand loyalty.
Great American Family shakes up Christmas movie season
Faith and family-based Great American Family has joined the Christmas movie competition with an around-the-clock Christmas movie schedule through New Year's Day in direct competition to Hallmark, Lifetime and others
Ad-supported Disney+ subscription option rolls out in US
The Walt Disney Company on Thursday announced that the new ad-supported subscription option in the U.S. for its Disney+ streaming platform has now rolled out.
Netflix to let tens of thousands of subscribers give early feedback on content
Netflix will expand the Netflix Preview Club from 2,000 to tens of thousands, to maximize the quality of content released to its 223 million plus subsribers.
Disney buys MLB's stake in streaming firm BAMTech for $900M
Disney, back in 2016, began the process to acquire BAMTech by buying a 33% stake for $1 billion to allow it to sell more content directly to consumers.
AMC Networks plans layoffs as CEO Christina Spade exits
AMC, the TV home of numerous hits including "Mad Men," "Breaking Bad" and "The Walking Dead" over the past decade, has been under pressure from cord-cutting.
Walt Disney CEO Iger meets with employees, hiring freeze stays in effect
Disney CEO Bob Iger on Monday held his first meeting with employees following his return to the top role at the entertainment giant and told them that the company's hiring freeze will remain in effect.
Disney+ subscriber base grows by 12.1 million in Q4
The subscriber count for Disney+ grew by 12.1 million subscribers in the fourth quarter, raising the total for the streaming platform to 164.2 million.
Paramount’s profit falls on rising costs
Paramount's revenue rose nearly 5% lead by movies including Top Gun, but profit was way down as the cost of acquiring subscribers soars in a tight streaming.
Comcast, Charter Communications name streaming joint venture 'Xumo'
Xumo will bring its first branded devices to market in late 2023, distributed by Comcast, Charter and Walmart. Additional distributors will be announced at a later date.
Netflix subscriber growth expands 2.4 million after two quarters of decline
Netflix on Tuesday reported adding subscribers in the third quarter after posting declines in membership in the first six months of the year.
Netflix looks to put an end to subscriber losing streak
Netflix's two-pronged plan to increase subscribers by 1 million this quarter includes introducing a tier of ad-supported content and cracking down on password sharing.
Netflix's ad-supported plan gets launch date, price
Video streaming platform Netflix on Thursday announced the launch date, Nov. 3, and pricing for its upcoming ad-supported subscription option, Basic with Ads.
Hulu raises subscription prices
Under the planned hike that was disclosed in August, ad-supported Hulu will now cost $7.99 per month while Hulu without ads will cost $14.99 per month.
Video platform Rumble set to go public on stock market, expand video and cloud services
Rumble CEO Chris Pavlovski discussed his company going public during an exclusive interview with FOX Business' Maria Bartiromo early Monday.
Disney CEO may combine streaming assets, including Hulu in one app
Efforts are underway to simplify streaming for users. The recent trend of media companies wanting to combine their assets under one app may soon include The Walt Disney Company.
Paramount considers discontinuing Showtime streaming service, merging with Paramount+
Paramount considers discontinuing its Showtime streaming service, shifting the content to Paramount+, streamlining the company’s offerings amid tough competition.
Former Disney CEO Robert Iger to join venture firm Thrive Capital
Robert Iger, the former chief executive of Walt Disney Co. is joining venture-capital firm Thrive Capital. Thrive Capital was founded in 2009 by Joshua Kushner.
Amazon Prime bets big on NFL’s 'Thursday Night Football'
The e-commerce giant is launching a new hub for exclusive deals on NFL-licensed content and hosting special VIP experiences for "Thursday Night Football."