Tag: Streaming wars
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‘Trust the Artist’: Why Nacelle’s Founder Says Hollywood Is Finally Seeing Creators as Entrepreneurs
It’s only 11am, but Brian Volk-Weiss is on his 7th or 8th meeting of the day when we finally get a chance to talk. No surprise there—who has time for sleep when you’ve got over over a dozen different projects in post-production alone? As the 45-ye…
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Disney Plus Day Hopes to Boost Subscribers With New Content
Disney is banking on spin-offs of “Star Wars” and Marvel universes to help boost subscribers to its streaming services. On Friday, the entertainment giant rolled out its plans for the upcoming years including bringing the already debuted “Shang-Chi” a…
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Disney Shares Drop After Missing Subscriber, Earnings Projections
Walt Disney Co. shares dropped as much as 5% in after-hours trading Wednesday after the company missed earnings expectations and added less Disney Plus subscribers than predicted. Disney Plus totaled 118.1 million subscribers to the streaming service …
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Netflix Employees, Counterprotesters Clash in Tense Walk-Out Over Dave Chappelle Special
Dozens of Netflix employees and LGBTQ supporters walked out of the streaming giant’s offices in Hollywood this morning in protest of comedian Dave Chappelle’s incendiary new special “The Closer.” They were met by a group of Chappelle supporters who ca…
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Propelled by ‘Squid Game,’ Netflix Boosts Its Subscriber Base to 214 Million
Netflix’s subscriber base grew by 4.4 million in the last quarter, propelled in part by a new dystopian hit series, “Squid Game,” which the company has called its “biggest series launch ever.”The growth helped Netflix rake in $7.5 billion in revenue d…
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‘Top Priority’ Disney Plus Adds 12 Million Subscribers As Parks Return to Profitability
Boosted by “Cruella,” “Loki” and “Luca,” Disney Plus added 12.4 million subscribers between April and June, bringing its total to 116 million. Disney beat Wall Street expectations for revenues and subscribers to its streaming star, and saw its theme p…
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Mobile Is Emerging as a Battlefront Between Streaming Video and Gaming Companies
The Olympics has helped reel viewers into NBCUniversal’s streaming service Peacock, at least on mobile. From June to July, the app — heavily promoted during and leading up to the Olympics — saw average daily users in the U.S. climb 52%, to about 2.4 m…
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The Latest Signs of Netflix’s Loosening Grip
As Netflix dips into gaming, streaming competitors are gobbling up its market share, new data shows.In the last two years, Netflix and Hulu’s combined share of streaming video subscriptions in the U.S. has dropped from nearly 75% to below 50%, accordi…
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Reese Witherspoon’s Hello Sunshine Picked up by Kevin Mayer and Tom Stagg’s New Media Company
The women-focused media company run by Reese Witherspoon, Hello Sunshine, is being sold to former Disney executives Kevin Mayer and Tom Staggs’ media startup. Terms of the deal weren’t disclosed but according to the Wall Street Journal, it’s valued …