Direct-to-Consumer
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Investors sue Disney executives for misleading investors about losses from Disney+ that drove down value of company stock.
TweetDeck is becoming a paid service, Disney wants to crack down on password sharing, ESPN makes $2B deal on sports gambling.
Disney’s direct-to-consumer streaming subscribers services lost $512M in the third quarter of 2023.
TikTok launches music subscription, QVC and HSN launch on Freevee, Minna Technologies releases subscription report.
Netflix reveals subscriber numbers for ad-free plan, Xbox considers “timed slices,” and it looks like a standalone ESPN streaming service is inevitable.
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.