MLB Network has launched a new direct-to-consumer (DTC) streaming service in the U.S., available for $5.99 per month. The service includes MLB At Bat for $6.99 per month and is free for MLB.TV subscribers and certain cable/satellite customers through the…
Peacock lost 500,000 subscribers in Q2 2024, reducing its total to 33.5 million, but increased revenue to $1 billion, up 28% year-over-year. The streaming service also cut its quarterly losses to $348 million from $651 million the previous year. A…
Spotify reached 246 million paying subscribers in Q2 2024, a 12% increase year-over-year, surpassing guidance by 1 million. The company introduced a lower-cost ad-free plan and saw reduced churn with recent price increases. Monthly active users grew to 626 million,…
Netflix's second-quarter earnings report showed steady growth without major surprises, adding over 8 million subscribers to reach 277 million globally. Amid industry changes and competitors like Warner Bros. Discovery and Disney forming bundles, Netflix remains focused on enhancing its content…
Verizon is offering a free one-year subscription to Netflix Premium for customers who sign up for Peacock via its "+play" hub, saving users over $275. This bundle, the first of its kind between Netflix and Peacock, is timed to coincide…
Netflix's Q2 2024 profits surged 44% to $2.15 billion, driven by the addition of 8 million subscribers. The company's revenue increased by 17% year-over-year to $9.56 billion, surpassing analyst expectations. Netflix also reported significant growth in its ad-supported tier, which…
Nielsen’s The Gauge report reveals that streaming accounted for a record 40.3% of total TV usage in the US in June. This increase was driven by a 16% rise in viewership among 2 to 11-year-olds, marking the highest share for…
Disney is enhancing Disney+, Hulu, and ESPN+ with features like improved algorithms, custom promotional art, and email reminders to boost viewer engagement. They are also considering adding linear channels that broadcast popular shows continuously. These updates aim to strengthen Disney's…
Paramount's upcoming CEO David Ellison plans to transform the company into a tech-media hybrid, focusing on enhancing Paramount+'s engagement metrics by leveraging technology from Oracle. Despite industry-wide challenges, Paramount+ particularly struggles with low user engagement, marked by significantly fewer video…
Hallmark Media is launching Hallmark Plus in September, replacing Hallmark Movies Now, at $7.99 per month. The new service will offer entertainment content including the holiday series "Holidazed and Mistletoe Murders" and reality shows like "Finding Mr. Christmas." Subscribers will…
