Streaming
Benchmark-backed Confluent aims for $8 billion valuation in US IPO
Confluent Inc is aiming for a valuation of about $8.3 billion in a US initial public offering, cashing in on a surge in demand for live-streaming software as companies move online ...
Netflix opens online store offering limited-edition merchandise
Netflix Inc will launch an online store to sell limited-edition apparel, lifestyle merchandise and collectibles based on “Stranger Things,” “Lupin” and othe...
Amazon brings James Bond and Rocky to fight Netflix with MGM acquisition
Amazon.com will buy MGM, the US movie studio and home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with...
With superheroes and sci-fi, Disney+ outlook bright
Slow subscriber growth at Walt Disney Co’s streaming service in the last quarter was a speed bump as a slate of Marvel superhero films and sci-fi thrillers from the Hollywood...
Streaming wars: Disney+ subscriber growth slows as pandemic lift fades
Disappointing growth of Walt Disney Co’s namesake streaming service on Thursday overshadowed better-than-expected overall profits, driving down shares of the entertainment co...
YouTube to launch $100 million creator fund for Shorts video feature
YouTube has announced a $100 million fund to pay content creators who make hit videos on its new short-form video feature Shorts, as YouTube aims to court more influencers.
NFL’s Thursday Night Football to stream on Amazon Prime from 2022
The NFL has said it has moved up the date for Amazon’s Prime video to exclusively stream Thursday Night Football, beginning with the 2022 season.
Britain’s BT Group in talks to divest stake in television unit
BT Group Plc is in talks with Amazon.com, Walt Disney Co and Sport streaming company DAZN to divest a stake in its television unit BT Sport, the UK newspaper, The Telegraph has rep...
Spotify shares fall after muted paid subscriber growth forecast
Shares of Spotify fell 8% in pre-market trading on Wednesday after its forecast of subdued current quarter paid subscriber numbers overshadowed upbeat first-quarter growth in count...
Netflix subscriber growth starts to slow after pandemic boom
Netflix Inc said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter, sending shares of the world’s largest streaming ser...
Apple goes to battle with Spotify in premium podcast push
Apple Inc is fighting to retain control of the fast-growing podcasting market it popularized years ago but did not monetize, analysts and industry experts told journalists.
India says streaming platforms should be held responsible for content
India’s technology minister has said video streaming services have to be “responsible and accountable” for their shows and movies, defending rules introduced last...
Netflix tests feature that could limit password sharing
Netflix is testing a feature that asks viewers to verify they share a household with the account holder, the company has said, a move that could lead to a clampdown on sharing of p...
Amazon issues rare apology in India after complaints that series hurt Hindu beliefs
Amazon Prime Video streaming service has issued a rare apology to its Indian viewers for some scenes in its original political drama series “Tandav”, which allegedly of...