Streaming Services

NBCUniversal Bloodbath: Peacock Fails to Grow Subscribers and Loses $467M

NBCUniversal can’t seem to whip up much consumer enthusiasm for its Peacock streaming service. The highly touted streamer — which features MSNBC programming and original scripted shows like “Queer as Folk” — failed to grow its subscriber base during the second quarter and even lost $467 million in the process.

THE KELLY CLARKSON SHOW -- Episode 1159 -- Pictured: Seth MacFarlane -- (Photo by: Weiss E

Netflix Reports Disastrous Second Quarter as Subscriptions Fall Short

Far-left Netflix had a disastrous second quarter that saw new subscriptions fall short of expectations, causing shares of the streaming entertainment company to plummet by as much as 12 percent in after-hours trading on Thursday. The company cited growing competition from TikTok, the Chinese-owned video app that is hugely popular with Gen Z.

MEXICO CITY, MEXICO - SEPTEMBER 12: Reed Hastings, CEO of Netflix, attends a press confere

Best Buy to Stop Selling CDs

Best Buy will stop selling music CDs, amid the growth of digital music streaming, despite the fact that the reailer used to be the most popular music seller in the United States.

The Associated Press