Warner Bros. Discovery expecting up to $4.3B in total restructuring charges
The entertainment giant's restructuring charges include content and development write-offs, organizational restructuring and facility consolidation activities.
Taylor Swift’s 'Midnights' album crashes Spotify, leaving fans shocked; nearly 8,000 outages reported
"Love Story" singer Taylor Swift dropped her 10th studio album "Midnights," and fans were quick to react. Spotify crashed Friday as soon as it released.
Netflix to begin monetizing account sharing in early 2023
Netflix will allow users to create sub-accounts if they want to pay for family and friends. Borrowers will also be able to transfer their profile into their own account.
Spotify launching audiobook service, looking to take on Amazon's Audible
Spotify is entering the audiobook industry and looking to give Amazon's Audible a run for its money after it announced that it will be launching its audiobook service in the U.S.
HBO Max and Discovery+ will merge into a new streaming service by next year
On Thursday, executives at Warner Bros. Discovery announced that HBO Max and Discovery Plus would merge into a single streaming service.
Warner Bros Discovery to announce new streaming strategy after earnings report
Warner Bros Discovery Inc is expected to disclose their new streaming strategy on Thursday during their second-quarter earnings report.
Disney to allow political issue ads on Hulu for the first time: Report
Disney's Hulu will allow political issue advertisements for the first time this year, a change from its previous policy that only allowed candidate ads on the platform.
Amazon spends $465 million for first season of 'Lord of the Rings' spinoff series
Amazon's "Rings of Power" has become the most expensive television show ever created, totaling $465 million for the "Lord of the Rings" spin-off series' first season.
Netflix reassures investors with customer growth forecast
Netflix is assuring investors that gloomy forecasts of subscriber losses were outstated. The streaming giant had a loss of 1 million customers from April to June instead of 2 million.
Netflix CEO says 'Stranger Things' could have had a 'couple of extra episodes' without COVID financial burden
CEO Ted Sarandos said streaming service Netflix could have added several more “Stranger Things” episodes if it weren't for added COVID-19 pandemic costs.
Netflix turns to ‘Star Wars’ for franchise inspiration
Netflix broke ground as a global streaming service, but is now looking to Disney to emulate the company's success building franchises that can be expanded to games and merchandise.
Netflix chooses Microsoft for ad-supported subscription plan
Netflix Inc said on Wednesday it has selected Microsoft Corp as technology and sales partner for its planned ad-supported subscription plan.
Netflix greenlights 'Stranger Things' spin-off series to help build a franchise
Netflix is developing a spin-off of "Stranger Things" in an effort to turn the science fiction series into a broad entertainment franchise.
Netflix places bid to create production studio at former New Jersey Army base
Netflix is vying to expand its production studio footprint to the Garden State with a bid for a 289-acre property located at a former Army base.
Disney executives tout strong results on second quarter earnings call, remain silent about Florida dispute
Disney executives touted strong subscriber growth for its Disney+ streaming platform and a robust rebound in attendance at the company's U.S. theme parks in an earnings call on Wednesday.
‘Schitt’s Creek’ to move from Netflix to Hulu after Disney streamer takes over rights
After streaming on Netflix, all six seasons of the Emmy-winning comedy series will shift to Hulu Oct. 3, after the Disney-backed streamer announced it had taken over rights to the popular show.
Netflix shares sink as Wall Street bails
At least nine Wall Street analysts have downgraded the stock following the streaming behemoth's disappointing earnings results.
FIFA takes on streaming companies with own soccer platform
FIFA is getting into the streaming platform business with a soccer version of Netflix and Amazon Prime.
Discovery, AT&T seal WarnerMedia deal, CEO David Zaslav gets to work
David Zaslav, CEO of the new combined company, Warner Bros. Discovery, will begin assessing the multi media assets this week by meeting with employees in NYC, D.C. and L.A.
2022 Oscars will see 'Power of the Dog' attempt to break Netflix's best picture drought
Throughout the years, the streaming giant has delivered a conveyor belt of tent-pole films. However, Netflix remains shut out of the award show's best picture category.


















