TheWrap examines how Hollywood's pivot to streaming to compete with Netflix has negatively impacted theatrical revenues. Disney's launch of Disney+ in 2019 led other studios like Warner Bros Discovery, Universal, and Paramount to follow suit, resulting in declining stock prices…
Peacock is increasing its subscription price by $2 ahead of the Summer Olympics in Paris, a strategy aimed at boosting subscriber numbers. Despite growth, Peacock ranks lowest in US audience demand share for originals and relies on linear programming for…
Ampere Analysis data shows that bundling streaming services reduces customer churn, with 42% of U.S. streaming subscribers regularly canceling and resubscribing. Disney+ resubscribers who opt for the Disney+/Hulu/ESPN+ bundle are 59% less likely to churn within 12 months compared to…
Netflix is proceeding with its plan to phase out its cheapest ad-free tier for existing subscribers, asking users to switch plans by July 13th. The basic plan subscribers, paying $11.99/month, must choose between the $6.99 ad-supported tier, the $15.49 ad-free…
Cineverse reported a 25% increase in subscription-based streaming video revenue to $13.5 million for the fiscal year ending March 31. However, the company faced a net loss of $21.7 million on total revenue of $49.1 million, attributed to a decline…
Netflix and Amazon Prime Video commissioned over half of all global SVOD original titles in Q1 2024, with Netflix reaching its highest number of new titles since 2021 and Amazon setting a record. Both companies are boosting international productions to…
MyBundle will soon offer a $11 per month premium package bundling My Outdoor TV and Tastemade Plus, available through its direct-to-consumer marketplace and broadband partners. This follows a distribution agreement with Outdoor Sportsman Group, leveraging MyBundle’s payment and subscription tools.…
Bango and Uber have formed a strategic partnership to expand Uber One memberships through bundling and Superbundling partnerships, initially launching in the U.S. Uber One will be available as an add-on with mobile and broadband plans via Bango's Digital Vending…
Streaming companies are shifting focus from subscriber growth to profitability amidst rising content costs and high churn rates. To address these challenges, they must prioritize subscriber retention through personalized experiences and proactive engagement strategies, utilizing data-driven insights and AI tools.…
