Apple is pulling back on theatrical releases after disappointing box office returns for films like "Killers of the Flower Moon" and "Napoleon." Despite an initial $1 billion annual investment in theatrical films, Apple will now focus on lower-budget productions, with…

A new California law, Assembly Bill 2863, will require companies offering one-click subscription sign-ups to also provide one-click cancellation methods, addressing loopholes in current cancellation policies. The law, effective January 1, 2025, aims to protect consumers from difficult cancellation processes…

Amazon has surpassed its goal of securing $1.8 billion in ad-spending commitments for its video-streaming services for 2024, according to a report by The Information. These commitments, made during the recent upfront ad market, include ads on Prime Video and…

Jeff Zucker sees opportunities for media companies to create their own sports events and leagues as live sports rights are locked into long-term deals. He highlights the potential of "owned and operated" properties like Netflix's sports events and Redbird's Players…

Paramount Global may drop Nielsen due to rising costs ahead of a contract deadline, with plans to switch to VideoAmp if no deal is reached. This comes amid Paramount's efforts to cut costs, including a 15% workforce reduction and potential…

The "streaming wars" persist as Netflix, YouTube, Disney, and Amazon leverage their distinct strengths, analyzed through "Streamonomics." Netflix’s "Primacy Advantage" comes from its first-mover status, while YouTube’s "Urgency Advantage" is driven by its creator-based model. Disney excels with its unmatched…

LG smart TVs, including OLED models, are now displaying full-screen ads before screensavers when idle. These ads promote both LG and third-party products, but can be disabled in the settings. As LG expands its webOS platform, more ads are expected…

Disney has laid off 300 U.S. employees in corporate roles as part of cost-cutting efforts, with Parks, ESPN, and Disney Entertainment Television unaffected. This follows similar layoffs across the media industry, including Paramount and Fox, as companies respond to a…

Paramount+ has laid off staff as part of Paramount Global’s 15% workforce reduction, impacting marketing and communications teams, including senior executives with over 30 years of combined experience. These layoffs, part of a broader cost-saving initiative aimed at cutting $500…

Disney+ has launched its password-sharing crackdown, following Netflix’s model. The "Paid Sharing" program charges $6.99/month for an extra member on the ad-supported plan and $9.99 on the ad-free plan. With upcoming price hikes, the cost for extra members will be…