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Warner Bros. Discovery is splitting its linear TV business from streaming and studios.Comcast last month also spun off its cable networks — except Bravo — into a stand-alone company.The moves illustrate a cable business in decline, with both repositioning for M&A opportunities.Warner Bros. Discovery is separating its linear television business…
By Aditya Soni and Jaspreet Singh (Reuters) – Bob Iger returned to Walt Disney (NYSE:) as CEO in 2022 with a bold promise of making streaming profitable. The latest quarterly results have shown signs of a turnaround at the storied media company, suggesting that Iger may be getting the House…
The app, which blends social features with music streaming, first launched in July 2023 in Indonesia and Brazil, later expanding into Singapore, Australia, and Mexico a couple of weeks later. It never arrived in the US, despite the company filing a trademark application for the name in 2022.”We will be…
By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) – Apple (NASDAQ:)’s partnership with India’s second-biggest telecoms firm will give the iPhone maker a sorely needed boost in a content market where it lags far behind the likes of Spotify (NYSE:) and Walt Disney (NYSE:). The U.S. technology giant, working…
BENGALURU (Reuters) – Apple (NASDAQ:) signed a content deal with Indian telecoms operator Bharti Airtel late on Tuesday in its push for a larger slice of the country’s $28 billion entertainment market. Here are the streaming platforms that dominate Indian screens: Disney+Hotstar: Owned by Walt Disney (NYSE:)’s, Disney+Hotstar is the…
ESPN+ has quietly become a big asset for Disney in the streaming wars and a lifeline in the increasingly challenging sports space.In a cutthroat streaming landscape, ESPN+ has attracted about 25 million subscribers by offering exclusive college and professional sports along with some, but not all, of the main network’s…
By Byron Kaye and Rishav Chatterjee SYDNEY (Reuters) -Rupert Murdoch’s News Corp (NASDAQ:) said it may sell Australian cable TV and streaming unit Foxtel after receiving an approach, a deal that would end its involvement in a high-overhead asset that has struggled to adapt to the Netflix (NASDAQ:) era. News…
By Dawn Chmielewski (Reuters) -Paramount Global wrote down the value of its cable networks by nearly $6 billion and announced Thursday it would cut 15% of its workforce, as the media conglomerate navigates the decline of the cable television business. The reductions are part of Paramount’s efforts to cut $500…
When you buy through our links, Business Insider may earn an affiliate commission. Learn more The best streaming devices offer convenient access to popular video services, allowing you to watch your favorite movies and shows. Though most modern displays have built-in smart TV interfaces, dedicated streaming players often offer snappier…
If you subscribe to Netflix’s cheapest plan, and also get Peacock’s cheapest plan, and also get Apple TV+, it will cost you $23 a month.But if you get them all together, via a new package Comcast has started selling to its broadband customers, it will cost $15 a month —…