Streaming
FT: TikTok owner ByteDance aims for Hong Kong IPO by early 2022
ByteDance, the Chinese owner of short video platform TikTok, has revived its plan to go public with a listing in Hong Kong by early 2022 after addressing Chinese regulators’ ...
AT&T’s DirecTV to become standalone video business
AT&T Inc’s satellite television provider, DirecTV, will become a standalone video business as part of a deal between the wireless service provider and buyout firm TPG Cap...
Spotify quarterly revenue beats on paid users, ad rebound
Spotify Technology SA beat Wall Street estimates for second-quarter revenue, as the Swedish music streaming company reported a 20% jump in paid subscribers for its premium service ...
Netflix extends deal for animation films with Universal Pictures
Netflix and Universal Pictures are extending a multi-year exclusive rights deal in the United States for animated film franchises such as “Minions” and “Puss in B...
Amazon to offer Universal films after they play on Peacock
Amazon.com Inc’s Prime Video will offer new live-action movies from Comcast Corp’s Universal Pictures four months after their streaming debut on Comcast’s Peacock...
Italian watchdog kicks off probe into TIM sports streaming deal
Italy’s antitrust regulator has said it had opened an inquiry into a deal between sports streaming app DAZN and Telecom Italia on Serie A matches to assess whether it would d...
TikTok lets users apply for jobs with video resumes
Short-video sharing app TikTok has launched a pilot program that lets users upload video resumes for US-based jobs ranging from a WWE Superstar to a senior data engineer at Shopify...
Universal movies to move to Peacock streaming service on quicker timeline
Comcast Corp’s Universal Pictures will send new movies exclusively to the company’s Peacock streaming service no later than four months after they debut in theatres, th...
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.