Filing: Disney sues YouTube, claiming breach of contract after YouTube hired longtime Disney executive Justin Connolly as its global head of media and sports
Here's Why Todd Spangler / Sportico : YouTube's Hiring of Disney Exec for Sports Role Prompts Lawsuit Winston Cho / The Hollywood Reporter : Disney Sues YouTube Over Poaching Exec ...
Sources: Amazon has put in a bid to acquire all of TikTok, but various parties involved do not appear to be taking it seriously, ahead of the April 5 deadline
The e-commerce giant put in a last-minute offer for the popular video app, according to three people familiar with the talks.
Sources: Apple TV+ is losing $1B+ annually even as its subscriptions grew to ~45M in 2024; source: Apple has spent $5B+ per year on content since its 2019 debut
Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple TV+, the company's video-streaming service …
After users reported that Meta's AI assistant incorrectly claimed the attempted assassination of Donald Trump did not happen, Meta blames hallucinations
Meta's AI assistant incorrectly said that the recent attempted assassination of former President Donald Trump didn't happen …
Meta scraps its celebrity AI chatbot feature less than a year after launch and now expects people to use Meta's new AI Studio to customize their own AI avatars
“What's this?” — “Oh, ok.” — “Anyway....” — RE: https://www.threads.net/... X: Brendan Brady / @bradybrendan1 : I will miss you AI Paris Hilton! Brett Dashevsky / @brettdash_...
Fox, ESPN, and WBD announce a new joint venture to launch a streaming sports service in the US in the fall of 2024; each entity will own a third of the JV
The service will be available to ESPN+, Hulu and Max subscribers.
Netflix plans to to retire its ad-free Basic plan in some countries where ad-supported plans are available, starting with Canada and the UK in Q2 2024
Although Netflix no longer allows new or returning members to sign up for the ad-free Basic subscription that costs $11.99 per month …
Netflix reports Q4 revenue up 12.5% YoY to $8.83B, vs. $8.71B est., paid users up 12.8% to 260.3M, vs. 256M est., $938M net income, up from $55M; NFLX jumps 8%+
there. Janko Roettgers / @jank0@sfba.social : TIL that Netflix has a “Bridgerton wedding dress collection.” Janko Roettgers / @jank0@sfba.social : Netflix is “not interested in acq...
Netflix buys the exclusive rights to Raw and other WWE programs, sources say paying $5B for a 10-year deal, airing in 2025 in the US, Canada, and other markets
- Company to be exclusive home for show in US, other territories — Streaming service to air three hours of live wrestling weekly
Disney plans to acquire NBCU's 33% stake in Hulu, gaining full ownership, and expects to pay ~$8.61B, representing NBCU's share of a $27.5B guaranteed floor
The Walt Disney Company (NYSE: DIS) announced today that it will acquire the 33% stake in Hulu, LLC held by Comcast Corp.'s (NASDAQ …
Disney plans to acquire NBCU's 33% stake in Hulu, gaining full ownership, and expects to pay ~$8.61B, representing NBCU's share of a $27.5B guaranteed floor
The Walt Disney Company (NYSE: DIS) announced today that it will acquire the 33% stake in Hulu, LLC held by Comcast Corp.'s (NASDAQ …
Disney rolls out its ad-supported Disney+ tier for $7.99 per month after signing up 100+ advertisers; the ad-free tier now costs $10.99 per month, up from $7.99
The FTC sues to block Microsoft's $69B Activision Blizzard acquisition, charging that the deal announced in January may suppress Microsoft's gaming competitors
Lawsuit marks Lina Khan's most significant effort to date to address tech industry consolidation, and it could upend Microsoft's gaming ambitions
The FTC sues to block Microsoft's $69B Activision Blizzard acquisition, charging that the deal announced in January may suppress Microsoft's gaming competitors
Lawsuit marks Lina Khan's most significant effort to date to address tech industry consolidation, and it could upend Microsoft's gaming ambitions
Netflix says Basic with Ads will cost $6.99/month in the US and debut on November 3 in 12 countries, offering most titles, at up to 720p, and without downloads
Basic with Ads Firstpost Tech : Netflix set to launch its ad-supported tier on November 3, check pricing, ad frequency and other details Mitaksh / MediaNama : Netflix announces ad-...
Sources: Snap plans to start laying off ~20% of its 6,400+ employees on August 31, 2022, including cuts to its hardware group; Snap stock is down ~80% in 2022
Snap's stock price has declined nearly 80 percent this year — Snap is planning to lay off approximately 20 percent …
Netflix hires two Snap executives to lead its ad-supported tier: Chief Business Officer Jeremi Gorman and VP of Sales for the Americas Peter Naylor
Alex Heath / The Verge :