Warner Bros. Discovery will shut down its Boomerang subscription streaming service on September 30, moving most of its classic animated content to Max. Boomerang subscribers will receive a partial refund for the unused portion of their subscription. Max will offer…

SiriusXM introduced SiriusXM Free Access, a free ad-supported service for Internet-connected car radios with the 360L platform, offering music, sports, and news channels. Users must engage with the service every 60 days to avoid cancellation. This launch aims to counteract…

Apple reported record Q3 2024 revenue of $85.8 billion, a 5% increase year-over-year, driven by strong services sales and AI integration. Net income rose to $21.5 billion, with earnings per share beating estimates. Despite a slight decline in iPhone and…

Amazon reported Q2 subscription services revenue of $10.86 billion, a 10% increase from the previous year. This includes Prime memberships, digital content, and other non-AWS services. Amazon MGM Studios released 19 movies and TV series, with "Fallout" and "The Boys"…

Roku's shares rose over 6% after reporting better-than-expected Q2 2024 results. The net loss narrowed to $33.95 million, with revenue increasing 14% to $968 million. Streaming households grew to 83.6 million, driving an 11% increase in platform revenue. Roku highlighted…

Snap reported 432 million daily active users in Q2 2024, a 9% year-over-year increase. Revenue rose to $1.24 billion but fell short of expectations, leading to a 22% drop in share value. Net loss decreased to $249 million from $377…

Disney, Fox, and Warner Bros. Discovery have announced Venu Sports, a new live sports streaming service costing $42.99 per month. Launching in fall 2024, Venu will offer a seven-day free trial and feature live sports events from NFL, NBA, MLB,…

Banijay Group, formerly FL Entertainment, reported an 8.6% revenue increase to €2 billion in the first half of 2024. While online sports betting and gaming revenues surged by 41.7% to €698 million, content production and distribution revenues declined by 2.7%…

Nielsen's streaming content ratings reveal that the week of July 1-7, 2024, was the biggest ever for streaming, with TV users logging 313 billion minutes. Each of the top 10 titles surpassed 1 billion minutes of viewing, led by Netflix's…

Dolby has acquired THEO Technologies to enhance its real-time streaming capabilities, particularly for sports and entertainment. The acquisition will combine Dolby Millicast's ultra-low latency streaming with THEO's cross-platform playback solutions, aiming to boost fan engagement through interactive, real-time content. Financial…