Nolte: Spending on Streaming Services Plummets 23 Percent in a Single Year
By the end of 2024, domestic spending on streaming services collapsed from an average of $55.04 per month to just $42.38.
By the end of 2024, domestic spending on streaming services collapsed from an average of $55.04 per month to just $42.38.
Following President Donald Trump’s 2024 landslide election, the incoming Trump administration has the opportunity to hold the legacy corporate media accountable for blatant falsehoods and bias by focusing on how antitrust enforcement, how broadcasters treat streaming media, and broadcast spectrum allocation.
Chick-Fil-A is reportedly planning to launch a streaming entertainment service that will feature original content, including family-friendly reality programming.
Thanks to the Kamala Harris economy, households will see their Disney streaming entertainment bills soar by as much as 25 percent in the weeks ahead.
Netflix announced on Wednesday that it has signed a deal with the NFL to livestream two games on Christmas Day this year.
Non-stop entertainment comes at a price and for Gen Z and Millennials that price is increasingly too high, a poll reveals.
Many people will be opening presents on Christmas Day this year, including the NFL. And there’s an excellent chance they’ll be opening the most expensive present of all.
FuboTV — the sports-oriented streaming service — is suing to stop Disney, Fox, and Warner Bros. Discovery from creating a rival service that would combine the three Hollywood studios’ formidable sports programming into one mega-streaming package.
Wall Street is living with the fear that streaming services will never match the massive income generated by cable TV.
Cable TV was a form of socialism: there was no real competition, and everyone paid for everyone else’s content.
Tucker Carlson launched his own streaming platform Monday, offering both free and paid video content in a subscription-based model.
Spotify has announced layoffs impacting 17 percent of its employees, its third layoff of 2023. The Company is desperately chasing profitability, with CEO Daniel Ek explaining, “As we’ve grown, we’ve moved too far away from this core principle of resourcefulness.”
The Walt Disney Company continues to hemorrhage money on its streaming services, losing hundreds of millions of dollars in the most recent quarter as it plans to pass some of that pain to consumers by once again jacking up prices on Hulu, Disney+, and ESPN+.
The Tubi streaming service commercial during the 2023 Super Bowl on Sunday caused quite a stir among sports fans.
The emperor didn’t need clothes when cable TV rigged the game. Streaming, however, requires merit, and soon these smug elites (and the media outlets who shield them) will have no choice but to confront their nakedness.
Roku Inc. announced Thursday it will lay off 200 employees joining other big tech companies in downsizing thanks to the slowing Biden economy
Bidenflation is wreaking havoc on Hollywood’s streaming cash cow as subscribers weary of skyrocketing prices are cutting back on streaming subscriptions.
A recent survey found that while streaming giant Netflix has already lost 1.2 million subscribers in the first two quarters of 2022, 25 percent of current subscribers plan to cancel their subscriptions this year.
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.
Consumers have been shedding streaming services to save money amid soaring inflation but Disney is losing U.K. consumers at a faster rate than Netflix and Amazon’s Prime Video, according to a new report.
CNN is working hard to build hype for its new digital streaming service CNN+, which is set to debut before the end of March. But internal scandals keep usurping the spotlight, with CNN chief Jeff Zucker’s sex scandal becoming the
Hollywood streaming services, including Disney+ and HBO Max, are facing a major challenge in their efforts to expand their subscriber bases. New data reveal customer churn has become a problem as streamers are failing to retain subscribers who sign up around the release of a hotly anticipated new movie or TV show.
Tech giant Apple is reportedly building a new Apple TV device with a built-in camera and speaker that will face the user.
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.
Quibi, the highly touted short-form streaming service founded by Jeffrey Katzenberg and Meg Whitman, has failed to generate much excitement among consumers or industry experts since launching in April. Now the extent of the market’s indifference is becoming clearer.
A recent report states that internet usage has surged by between 50 and 70 percent during the Wuhan coronavirus pandemic while streaming services have seen a 12 percent increase in usage.
The Walt Disney Company has apologized to subscribers of the new Disney+ streaming service following reports that many users were experiencing outages on the service’s first day.
Britbox, which claims to bring the “best of British” television on-demand, has banned programmes like Till Death Do Us Part and It Ain’t Half Hot, Mum because they may be offensive to today’s audiences.
Broadcasting watchdog Ofcom has warned that the mandatory TV tax is at risk of being undermined because young people are “tuning out” of the BBC.
The DOJ reportedly sent a letter to the Academy of Motion Picture Arts and Sciences, warning it against removing movies on streaming services like Netflix from Academy Award eligibility —citing antitrust laws.
Jay-Z’s music streaming service Tidal is reportedly under investigation in Norway over allegations that the company faked listener numbers. The extent of the faked numbers could allegedly involve hundreds of millions of false plays of albums from major artists like Beyonce.
Netflix has reportedly taken on an additional $2 billion in debt in an effort to further expand its original programming and licensed content.
84 percent of people surveyed underestimated how much they pay for streaming subscription services such as Amazon Prime, Spotify, and Netflix.
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.
A couple weeks ago, we learned that the NFL is increasingly unpopular amongst older viewers. Fast-forward a couple weeks, and we learn that younger viewers don’t particularly care for the league either.
Songwriters and publishers are set to receive increased royalties from Spotify, Apple Music, and other music streaming services, following a ruling.
The Hawaii state government has eliminated access to video streaming services featuring entertainment for its employees.
A nationally recognized black scholar is now criticizing Jay Z’s May 16 freestyle rap performance at Terminal 5 in New York City for its racial context.
Jerry Seinfeld has better things to do than watch your shaky cat videos on YouTube.
Rapper and businessman Jay Z was joined by some of music’s biggest stars on Monday for the official re-launch of TIDAL, the first-ever artist owned streaming service, which plans to compete with bigs Pandora and Spotify. Jay Z recently acquired