Netflix reveals subscriber numbers for ad-free plan, Xbox considers “timed slices,” and it looks like a standalone ESPN streaming service is inevitable.
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Warner Bros. Discovery reports a first quarter loss of $1.1B, but the company’s DTC subscription segment is a bright spot.
Disney lost 4M direct-to-consumer streaming subscribers during the second quarter of fiscal year 2023.
Hulu turns 15, Amazon exits the Halo business, and Clubhouse axes 50% of staff for the audio app.
The YES Network has launched a direct-to-consumer subscription service for regional sports in the New York area.
Paramount+ adds 9.9 million subscribers in the fourth quarter, bringing total subscribers to 56 million.
Disney announced they would cut 7,000 jobs and cut expenses by $5.5B as part of a companywide strategic restructuring.
Peacock reported that it more than doubled paid streaming subscribers in 2022, ending the year with 20 million.
We predict some of the trends that will impact media businesses in 2023 and how organizations can use these trends to their advantage. With
HBO Max raises prices $1 a month for its ad-free tier and removes content that doesn’t attract new subscribers.
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