After a year of re-invention and change, Netflix is now also changing its leadership. This, as the streaming TV titan handed in a Q4 2022 performance that beat expectations. Only a year ago, the streaming media sector was shaken by news that Netflix had lost...
While the pandemic accelerated the migration to digitally-based activities, many of those shifts have gone from necessity to daily habits. This, according to the latest edition of the PYMNTS ConnectedEconomy™ Index (CE Index), titled “How the World Does Digital,” shows that across 11 countries, the digital...
Winter is the best time to stay inside and catch up on your favorite programs. PYMNTS’ latest provider ranking of streaming apps reflects the best lineup of apps to stream your regular broadcasting. This time around, we see our key players falling down the rankings,...
For Disney, it was a less than stellar holiday weekend — and that’s putting it mildly. The fact that “Strange World” has bombed at the box office shows that monetizing content across channels is no sure bet. Disney’s latest film made its way into theaters...
Netflix is on the verge of taking its video game plans to a new stage, with reports that the streaming service’s games office in Los Angeles is seeking a director for a new AAA PC game. According to published reports Wednesday (Nov. 23), the company...
Disney will likely lay off employees as the entertainment goliath embarks on a cost-trimming project, part of a wave of job cuts hitting the media and tech industries. A memo from CEO Bob Chapek, provided to PYMNTS, said Disney will also restrict all but essential...
Disney+ has boosted its number of paid subscribers by 20% in the United States and Canada and by 57% internationally over the last year, The Walt Disney Company said Tuesday (Nov. 8) in a press release. That brought the company’s flagship streaming service’s total number...
As Netflix prepares to launch the ad-supported version of its services, Hollywood studios have begun negotiating with the company for more revenue for the right to stream their content. That’s according to a Wednesday (Nov. 2) report by the Financial Times, citing unnamed sources. One...
YouTube has debuted “Primetime Channels,” an online marketplace that will have the video-sharing platform compete with the likes of Amazon and Apple. According to an announcement Tuesday (Nov. 1), the service will let U.S. viewers subscribe to streaming services including Showtime, Paramount+ and AMC+ directly...