Warner Bros. Discovery Sues Paramount Over South Park Streaming Rights

[ad_1] Warner Bros. Discovery has filed a lawsuit against Paramount Global, alleging that the latter company backed out of certain parts of their $500 million licensing deal for the streaming…

Warner Bros. Discovery Posts $217M Streaming Loss, Hits 96M Subscribers

[ad_1] Warner Bros. Discovery reported 96.1 million streaming subscribers in its latest quarterly earnings report, up from 94.9 million last quarter. And while it still posted streaming losses (the division…

Paramount Isn’t Buffeted by Streaming Winds

[ad_1] The media company was one of the few stocks Warren Buffett’s Berkshire Hathaway bought more of during the fourth quarter [ad_2] Source link

Disney CEO Bob Iger says he prefers to stay only two years, calls streaming ‘the future’

[ad_1] Disney CEO, Bob Iger attends the European film premiere of ‘Star Wars: The Rise of Skywalker’ at Cineworld Leicester Square on 18 December, 2019 in London, England. Wiktor Szymanowicz…

Disney’s laying off 7,000 as streaming boom comes to an end

[ad_1] Disney is planning to lay off 7,000 workers to cut costs across the company. CEO Bob Iger announced the news in an earnings call on Wednesday, stating that the…

Amazon’s Luna game streaming service has lost a lot of games recently

[ad_1] Luna, Amazon’s cloud game streaming service, is set to lose 53 games this month, including titles like Bridge Constructor Portal, No More Heroes, and classics like Pong and Missile…

Spotify is first music streaming service to surpass 200M paid subscribers

[ad_1] The earnings release comes a week after Spotify announced layoffs affecting six percent of its company, or a little under 600 employees. But, much like other tech companies facing…

Australia to Impose Local Content Quotas on Streaming Platforms

[ad_1] Australia is preparing to impose local content quotas on streaming platforms, such as Netflix, Disney+ and Amazon Prime Video, the country’s government said Monday. The new scheme is part…

Video streaming subscriptions fall by two million in 2022

[ad_1] Households cut back on streaming services in their droves as the cost of living rose sharply. [ad_2] Source link

Samsung may put its free TV Plus streaming app into other manufacturers’ TVs

[ad_1] Samsung TV Plus, the app that houses hundreds of free channels, could eventually make its way to other, non-Samsung TVs. That’s according to media tech reporter Janko Roettgers, who…