Charter Communications, Inc. and Comcast Corp. have formed a 50-50 joint venture to develop a new streaming platform, the companies announced. The platform, according to a news release issued by the companies, will work on 4K streaming devices and smart TVs. For users, the companies...
David Zaslav, the CEO of Warner Bros. Discovery Inc., said the new conglomerate, which includes CNN, HBO and Warner Bros., would be moving quickly on a new vision, The Wall Street Journal reported Tuesday (April 26). “We will clearly take swift and decisive actions on...
When Netflix CEO Reed Hastings and INSEAD Professor Erin Meyer released their business book bestseller No Rules Rules in September 2020, they wrote that it was the video company’s unconventional management ethos that drove Netflix’s success over the years. At the time of the book’s...
One streaming media platform’s loss may be another’s gain. Numbers tell a tale — and the subscriber numbers that have just come out from Netflix and HBO/HBO Max tell some starkly different stories. As we reported this week, Netflix said that its subscriber base was...
Warner Bros. Discovery has announced that it is shutting down CNN+ April 30 as a way to cut costs following the merger of WarnerMedia and Discovery, CNN Business reported Thursday (April 21). The streaming service launched March 29. See also: US Regulators OK $43B WarnerMedia-Discovery Merger...
Netflix on Thursday (April 21) debuted its “Category Hub” in its TV menu, a change designed to allow members to find their favorite genres as well as new categories in a single space. In an announcement posted on its website, the embattled streaming giant said...
Endless TV with no ads. It was too good to last — and it didn’t. Now the gloves are coming off, and streaming platforms are addressing revenue leakage and slowing subscriptions with ads and embedded opportunities as streaming seeks its next level. A will-they-or-won’t-they cliffhanger...
ByteDance, operator of popular short video-sharing platform TikTok and Douyin, its Chinese version, has launched a music-streaming app as it seeks to compete with market-leading platforms operated by Tencent Holdings and NetEase, The South China Morning Post reported Friday (April 15). Dubbed Qishui Yinyue, which...
Classics, action, new episodes — PYMNTS’ latest Provider Ranking of Streaming Apps has it all. This month, some contenders remain where they were last time, some move up a spot or two in the rankings, and one joins the top 10. Just three points separate...