Entertainment and Streaming
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Memorial Day Weekend, MoviePass relaunched its movie subscription service nationwide after almost a year in beta.
Peloton relaunches workout app, US Surgeon General says social media may be hazardous to teen health, and Adobe adds generative AI to Photoshop.
Netflix reveals subscriber numbers for ad-free plan, Xbox considers “timed slices,” and it looks like a standalone ESPN streaming service is inevitable.
After a year of testing, Netflix is now enforcing password sharing restrictions in the US. Nonpaying viewers can get their own subscription or be added
Warner Bros. Discovery reports a first quarter loss of $1.1B, but the company’s DTC subscription segment is a bright spot.
Montana is the first state to totally ban TikTok, Pepsi gives away Apple Music subscriptions, and shopping center owners sue Amazon for rethinking their grocery
This week the governor of Montana signed a law to ban TikTok from the state, the most significant ban to date. When will TikTok hit
Paramount lays off 25% of its staff, Apple shares small developer success stories, and Best Buy revamps its membership program.
VICE Media Group filed for bankruptcy this week. An investment group that includes VICE lenders has made a $225M bid to buy the company.
Disney lost 4M direct-to-consumer streaming subscribers during the second quarter of fiscal year 2023.
