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Roku to Cut 200 Jobs, Citing Challenged Economy Roku is the latest technology and media player to slash jobs, revealing in a securities filing Thursday that it plans to reduce its workforce by about 5 percent, or about 200 jobs. The company said the plan, which was approved Thursday, was meant to “slow down the…
“Disney shares hit lowest level in 2 years after streaming losses” Shares in Walt Disney tumbled 13% to the lowest since March 2020 on Wednesday, as ballooning costs at the entertainment giant’s fast-growing streaming division cast a shadow on strong subscriber additions. Disney+ has attracted millions of subscribers and will launch an ad-supported tier next month, but executives’ promise…
“Disney Q4 profit takes hit despite more Disney+ subscribers” Walt Disney said Tuesday its marquee streaming service, Disney+, gained more subscribers than Wall Street had expected, but investment costs dragged quarterly earnings below analysts’ targets. Shares in Disney fell 5% in after-market trading. The entertainment company is spending billions to compete with Netflix and others for streaming television customers as traditional…
“A New Era’ is trending on Prime Video” New York Post may be compensated and/or receive an affiliate commission if you buy through our links. Good heavens! It’s not poppycock: “Downton Abbey: A New Era” is now streaming on Amazon Prime Video. And the second film in the Downton Abbey universe is anything but rubbish….
Arthouse Group Kino Lorber Buys International TV Streamer MHz Choice New York-based arthouse distributor Kino Lorber has acquired MHz Networks, the parent company of MHz Choice, an online streaming service dedicated to international television series. Under the deal, announced Thursday, Kino Lorber will add its library of more than 5,000 titles to MHz Choice, which…
“French Streamer SuperZouloux Brings Yu-Gi-Oh! Duels to Life With AR Play Mat” It’s time to d-d-duel! French Yu-Gi-Oh! streamer SuperZouloux has created an amazing fan project: an augmented reality play mat that—through a combination of software and hardware—allows him to display 3DCG models of some 3600 cards from the Yu-Gi-Oh! tabletop collectable trading card…
” TV streaming providers should start relying on NFTs “ Subscription-based services have become so ubiquitous it’s hard to remember a time when they weren’t the norm. Streaming companies have sought to take advantage of that norm by fleecing consumers for everything they’re worth — just look at Netflix’s decision to start running advertisements. Another…
“Memphis-inspired streaming box comes with a unique intersecting design to prevent remote loss” While the idea of losing a remote will pretty much still terrify anyone for the rest of their lives, the Pop Art TV Box has a uniquely creative solution – use someone’s OCD to combat their forgetfulness! With a unique design that…
“Netflix to charge extra fee for account sharing” Netflix warned streaming freeloaders their days are numbered as the media giant plans to implement its long-promised crackdown on account sharing. The company said during its quarterly earnings call on Tuesday that it may begin charging subscribers an extra fee early next year for sharing a Netflix…
“Twitch streamer Kaitlyn ‘Amouranth’ Siragusa alleges abuse from her husband” Twitch streamer Kaitlyn “Amouranth” Siragusa has appeared in a heartbreaking video making allegations of abuse about her husband. A clip circulating on social media shows the top female Twitch streamer in tears during a phone call with her husband. Previously, she had never disclosed she was married….