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“Netflix may introduce ads before end of the year: report” Netflix may introduce a lower-priced ad-supported tier by the end of the year, a much quicker timeline than originally expected, according to a new report. Netflix delivered the news to employees in a memo, which said they were aiming to introduce ads in the final…
“Angry Netflix employees take to Twitter after getting laid off” Angry Netflix employees took to Twitter Thursday after learning they had been laid off at the streaming giant, home to hit shows like “Inventing Anna,” “Squid Game” and “Bridgerton.” Although the exact number of layoffs could not be immediately learned, many of the employees were…
“Jon Stewart’s new show on AppleTV+ is reportedly a flop” Jon Stewart is struggling to gain traction on his new talk show, according to a report. “The Problem with Jon Stewart,” which launched on AppleTV+ in September, appears to be a flop, as it trails far behind its competitors on broadcast and cable TV, according…
“Disney+ to offer cheaper ad-supported plan later this year” Disney said Friday that it will launch a less expensive subscription plan for streaming service Disney+, which will include advertising. While Disney did not say how much the new plan will cost, the current Disney+ plan — without ads — costs $7.99 a month. The Mouse…
“#Don Lemon to host ‘Oprah-style’ CNN Plus show with audience” Don Lemon will host a no-holds-barred television talk show with a studio audience on the new CNN Plus streaming service that the cable network is billing as one where there will be “no limits to the conversation.” “The Don Lemon Show,” which will be available…
“#Netflix shares tumble on slowing subscriber growth” Netflix reported slowing subscriber growth on Thursday, sending its share price tumbling nearly 20% in after-market trading. The world’s largest streaming service actually had reported earnings that were better than what Wall Street analysts were expecting, but the subscription numbers sent investors clamoring for the door. Netflix, home…
“#Netflix hikes subscription prices in US and Canada” Inflation isn’t just hitting consumer goods, it’s also hitting Netflix. The Los Gatos, Calif.-based company has raised its monthly subscription prices by $1 to $2 a month in the US depending on the plan, in order to help it pay for programming costs, the company said. Shares…
“#FuboTV projects record quarter” FuboTV, the sports-oriented streaming service, says it expects to report record revenue and subscriber growth in the most recent quarter. The New York-based company said it expects fourth-quarter revenue to range between $215 million and $220 million — a more than 100% increase from the same period the year before. For…
“#Disney to spend $33B next year on new shows and movies” Disney said it plans to amp up what it spends on new movies and shows next year as it looks to unseat the world’s largest streaming service, Netflix. The Mouse House plans to spend roughly $33 billion on new movies and shows for its…
“#Roku to develop more than 50 shows over next two years” Roku plans to develop more than 50 original shows over the next two years in a bid to drive more customers to its Roku Channel, according to a report from the Wall Street Journal. The streaming service, which has roughly 155 million customers, has…