In a recent article, Vulture outlines how the recently launched mobile-only entertainment platform Quibi appears to have failed to grab viewers’ attention despite investing almost two billion in the mobile-only platform.
Jeffrey Katzenberg, the former head of Walt Disney Studios and founder of mobile-only entertainment app Quibi, has blamed the Chinese virus pandemic for the app’s failed launch. The company raised $1.8 billion from Hollywood and Chinese investors, but its downloads languish far below the top 100 free iPhone apps.
The E.U. has reportedly urged streaming platforms such as Netflix and YouTube to reduce the quality of their streams in order to lighten the load being placed on the Internet by the increased number of people working from home due to the Wuhan coronavirus
Eight people have been charged with conspiring to violate federal copyright law regarding TV show and movie streaming. The indicted individuals have allegedly been running some of the largest pirate streaming sites on the Internet, boasting 100,000 TV episodes and a library described by the DOJ as larger than Netflix, Hulu, or Amazon Prime.
Individuals working with Apple on the company’s venture into Hollywood to produce original content claim the Silicon Valley giant, and its CEO Tim Cook, are becoming too hard to work with. Cook is reportedly holding a tight grip on the content — shying away from any stories which show “the negative consequences of technology.”
Movie and television show streaming giant Netflix is set to open its first production studio in Albuquerque, New Mexico, in what Deadline described as a “snub” to Los Angeles. The production studio is expected to bring $1 billion to the New Mexico economy.
A new report from the Wall Street Journal suggests that streaming television subscriptions are slowly increasing in price over time.
YouTube has announced it will release fifty original shows in 2019 amid mass censorship on the platform which has forced dozens of popular channels off of the site.
Netflix has finally deleted all of its user’s reviews after the company announced it would scrap reviews in 2017 following a wave of one-star reviews left on actress Amy Schumer’s The Leather Special.
Video streaming service Netflix is now more valuable than both Disney and Comcast, according to a report.
