TikTok is calling it quits on a music streaming business that barely made it out the door, and only launched trials last year.
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The tech aims to walk a fine line of not overloading customers with bad ads as several streamers launch their own ad-supported tiers.
Antitrust regulators in India flagged Disney’s $8.5 billion merger with Reliance for competition concerns in cricket broadcast rights.
As Paramount moves under the control of Skydance Media, current leadership is undergoing a campaign to realize half a billion in savings.
Taylor Swift may be signed to the label, but Universal Music Group somehow can’t find a way to make its business work.
After years of spending big with little to show for it, Apple is attempting to rein in costs at Apple TV+.
Roku wants to personalize movie night with generative AI.
CNN announced layoffs of 100 employees, a reorganization of its newsrooms, and its “first direct-to-consumer subscription product.”
After likely losing NBA rights, Warner Bros. Discovery scooped up the US broadcast rights to the French Open.
The big services are working on a structure that will weigh factors such as viewership time, production budget, and new subscriptions added.
The service has grown to 74 million monthly active users, a bigger audience than the Max paid-subscription platform.
Comcast announced it would soon launch a new bundle that would package together its streaming service Peacock with Netflix and Apple TV+.
The company’s Disney+ and Hulu platforms eked out $47 million in operating income. Just don’t ask about ESPN+.
The new deal enmeshes UMG’s music into TikTok’s burgeoning e-commerce business while also battling AI-generated songs.
As the latest MLB season kicks into full gear, fans in 15 markets across the US can’t watch local game broadcasts.