Entertainment and Streaming

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Year-old streaming service Peacock continues to grow its subscriber base and advertisers, but it is losing hundreds of millions of dollars.
A-list actress Scarlett Johansson is suing Disney over the release of “Black Widow,” which they released in theaters and on Disney+ the same day.
GM sues Ford over possible trademark infringement, NBC intentionally limits Peacock’s Olympics coverage, and Sports Illustrated signs podcast deal with iHeartMedia.
Spotify reported subscriber and revenue growth in the second quarter of 2021, ahead of expectations.
SiriusXM announced the launch of a new subscription tier – the Platinum VIP package – a comprehensive subscription with special perks and exclusives.
In its Q2 2021 financials, AT&T’s WarnerMedia reported strong revenue and subscriber growth, driven by HBO Max.
Amazon explains reviews, Amora Coffee celebrates 10 years, and Slate turns advice columns into cash.
CNN will launch CNN+, a streaming subscription service, in early 2022. The service will feature live and on-demand content.
Netflix finishes the second quarter of 2021 with 209 million paid members, ahead of forecast.

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