Entertainment and Streaming
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Peacock reported that it more than doubled paid streaming subscribers in 2022, ending the year with 20 million.
Five on Friday: Hinge to launch $60 tier, Amazon shutters AmazonSmile program, YouTube tests Listening Room.
Spotify announced they will layoff 600 employees, or about 6% of employees, and make leadership changes.
Apple had a strong year in Services, Amazon expands Buy with Prime, and creators are nervous about a TikTok ban.
Amazon’s Thursday Night Football missed viewership estimates by 25%, disappointing advertisers.
HBO Max raises prices $1 a month for its ad-free tier and removes content that doesn’t attract new subscribers.
Amazon-owned EPIX, MGM’s premium streaming subscription service, has been rebranded as MGM+.
Recurly recovers close to $1B in subscription revenue, fuboTV raises prices, and Urban Plates slashes prices.
In a recent report, Spotify shared podcast advertising trends for 2022, including double and triple digit growth.
