Netflix, the streaming giant headquartered in Los Gatos, California, announced plans to discontinue its lowest-priced ad-free subscription option in the U.S. and France. This decision, detailed in a shareholder letter on Thursday, marks a strategic move to potentially bolster subscriptions to its cheaper ad-supported plan. The phased-out basic ad-free plan, previously priced at $11.99 per…
Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements to explore a potential bid for Paramount’s assets, but they are reconsidering the initially planned all-cash offer of $26 billion. Paramount has been facing challenges from industry strikes, soft advertising market, and declining cable subscriptions, prompting discussions with other studios.
Are We In A Streaming Industry Revolution? Will we see Big 3’s in the Streaming INDUSTRY? On May 8, 2024. Disney Entertainment and Warner Bros. Discovery announced their new partnership that will bundle Disney+, Hulu and Max. The bundle will be available in the U.S. beginning this summer, offering subscribers an selection of content from…
In January 2022, Young withdrew his entire discography from the largest streaming service in the world in protest against Joe Rogan, whose highly popular podcast was exclusively available on Spotify. Joni Mitchell also followed Young’s lead, removing all of her music from the platform. Given that Young and Mitchell have been friends for a long…