With about 100 million tracks available and over 600 million subscribers, helping listeners find the music they will love has become a navigational challenge for Spotify. It’s the promise of personalization and meaningful recommendations that will give the vast catalog more meaning, and that is central to Spotify’s mission. The streaming audio giant’s suite of … Read more
Michael Tran | Afp | Getty Images Jimmy Donaldson, also known as MrBeast on the internet, on Monday announced a new reality competition show in collaboration with Amazon MGM Studios, aiming to further blur the lines between YouTube and traditional television. The new series, “Beast Games,” is billed as “the biggest reality competition series ever” … Read more
Spotify is adding a new audiobook-only subscription tier, the streaming service announced Friday. In a release, the company said beginning Friday, the new “Audiobooks Access Tier” would allow subscribers 15 hours of listening from its audiobooks catalog for $9.99 per month. “With this plan and in one app experience, listeners can continue to tune into … Read more
Paramount is anticipating being profitable on streaming by the end of 2025, company leadership told investors Wednesday. As part of a report to investors on fourth-quarter earnings from last year, the company said it had reached 67.5 million subscribers on Paramount+ after netting 4.1 million in the fourth quarter of 2023. Subscription revenue grew 43 … Read more
Sports streaming platform FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced joint venture, citing what the company calls “extreme suppression of competition in the U.S. sports-focused streaming market,” according to a copy of the lawsuit obtained by CNBC. The joint venture, announced earlier this month, aims to offer viewers a … Read more
Australian actress Sarah Snook (R) accepts the award for Outstanding Lead Actress In A Drama Series for “Succession” from US actress Jodie Foster onstage to during the 75th Emmy Awards at the Peacock Theatre at L.A. Live in Los Angeles on January 15, 2024. (Photo by Valerie Macon / AFP) (Photo by VALERIE MACON/AFP via … Read more
The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. Presley Ann | Getty Images Entertainment | Getty Images This year proved to be yet another tough one for pay TV, as more people cut the cable cord. But it wasn’t exactly kind to streaming … Read more
While it’s been evident for quite some that the future of cable TV rests on shaky ground, we are now seeing clear signs of the disruption the introduction of streaming and shifting viewing habits has had on the industry. The challenges that lie ahead were laid bare in the recent standoff between Disney and Charter … Read more
Jakub Porzycki | Nurphoto | Getty Images Media stocks jumped Friday following a Wall Street Journal report that Apple and Paramount Global are in early-stage talks to offer a bundle of the two company’s streaming platforms. The companies have talked about bundling Apple TV+ and Paramount+ in an offering that would cost less than subscribing … Read more
