Internal data shows only 11.3M US households regularly watch NBCU's Peacock; sources: NBCU has pitched ViacomCBS about bundling their streaming services
The Information : Tweets: @natjarv , @jstrauss , @ballmatthew , @edmundlee , @richlightshed , and @pkafka See also Mediagazer Tweets: Natalie Jarvey / @natjarv : Having only a third of your users reg...
Hulu remains Netflix's strongest competitor, despite stiff competition, as sources say its $6/month streaming service makes $15+/subscriber/month due to ads
Edmund Lee / New York Times :
Netflix says it will spend $18.6B on content, and forecasts $3B negative cash flow for 2018 and 2019, judging that aggressive spending leads to more subscribers
Edmund Lee / New York Times :
Sources: popular shopping app Wish is raising around $500M at a valuation between $3.5B and $5B; Temasek, owned by Singapore's government, is a lead investor
Friday, November 4 Riley McDermid / Silicon Valley Business Journal : Shopping app startup aims for $3.5B valuation with new funding Connie Loizos / TechCrunch : Wish is reportedly raising $500 millio...