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The Latest Breaking News on Media

Disney+ to hike prices and merge with Hulu after losing 4million subscribers

The news of the merger of Disney+ and Hulu comes as the streaming platform, which is also home to popular titles from Pixar and Marvel, lost four million subscribers in the first three months of 2023

Daily Mirror

Disney Plus will integrate Hulu content — but be prepared to pay more

Disney Plus will be bringing Hulu closer to home, but the downside will be having to pay more.

Tom’s Guide

Disney plans to combine streaming services after losing 4million subscribers

Disney’s theme parks are widely viewed by industry experts as a critical component of the company’s business

Wales Online

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Bob Iger to Ron DeSantis: Does Florida Want Us To Invest More, Employ More People and Pay More Taxes, or Not?

Disney CEO says company plans to invest $17 billion in Florida over the next 10 years

Broadcasting & Cable

Disney posts higher second-quarter earnings and revenue thanks to strong theme parks business

Ongoing strength at its theme parks and an improving streaming business propelled The Walt Disney Co. to higher profits and revenue in its fiscal second quarter

The Independent UK

Disney+ Confirms Price Increase On The Way, As Well As A Huge Change For Hulu

Disney+ is getting getting a price increase, and there's going to be some changes involving Hulu.

Cinemablend

Maryland Supreme Court reverses ruling on digital ad tax

Maryland’s highest court has reversed a ruling by a lower court that the state’s first-in-the-nation tax on digital advertising was unconstitutional

The Independent UK

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ABNB Stock Dives As Airbnb Announces Soft Forecast Despite Earnings Beat

Airbnb stock dived late Tuesday on a weak second-quarter forecast. Airbnb posted solid earnings results due to the travel rebound.

Investors Business Daily

Disney Narrows Losses, Subscriber Growth Slows; Iger Addresses DeSantis Row

Disney stock fell late Wednesday as the entertainment giant reported a drop in Disney+ subscribers. Earnings were in-line with estimates.

Investors Business Daily

TransUnion Bolsters Media Business, Adding Julie Clark as Senior VP

Matt Spiegel gets newly created role

Broadcasting & Cable

Disney updates lawsuit against DeSantis to add new events

Disney has amended its free speech lawsuit against Gov. Ron DeSantis to add recent developments in the tit-for-tat fight between the entertainment giant and the Florida governor

The Independent UK

Paramount Pleased As It Concludes Round of Smaller Upfront Dinners

‘We’re not going back to the old way of doing things,’ says ad sales head John Halley

Broadcasting & Cable

The Streaming Wars Continue With 3 Stocks Battling for Dominance in the Market - Are Any Worth Buying?

As the battle for market dominance in the streaming sector rages on, the lack of hit shows this year has put streaming companies on the back foot. So, will it be worth looking at streaming stocks Walt Disney (DIS), Paramount (PARA), and Roku (ROKU)? Read on to learn my view.

StockNews.com

‘Like Icarus – now everyone is burnt’: how Vice and BuzzFeed fell to earth

Era of lofty valuations for upstart youth media appears to be over, with Vice ‘heading for bankruptcy’ and BuzzFeed News shutting down

The Guardian - UK

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Broadcasting & Cable

Paramount Takes Its Lumps From Wall Street Analysts

Stock falls amid lower dividend, questions about streaming strategy

Oppo Find N2 Flip users just got a great new music upgrade

Oppo's foldable Find N2 Flip now has a dedicated Spotify widget that lets you control playback on the front screen

Broadcasting & Cable

Paramount Global Stock Plunges After Reporting $1.1 Billion Q1 Loss

Paramount Plus streaming service adds 4.1 million subscribers

Investors Business Daily

Shopify Surprises With Earnings, Sells Logistics Business To Flexport; SHOP Stock Is Surging

Shares of Shopify surged Thursday, signaling a breakout after the company topped earnings views and sold its logistics business to Flexport.

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news in one place.

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Kiplinger

How to Find Music Streaming Deals

A look at music streaming deals and alternative options now that Spotify has raised prices again.

Zenger

Elon Musk Along With Daniel Ek Spar With Apple Over Subscription Strangholds

Elon Musk slammed the App Store's guidelines the subscription model that Twitter has in store for company badges.

The Independent UK

Florida board sues Disney after company filed lawsuit over DeSantis retaliation

Legal battle escalates feud stemming from company’s public opposition to ‘Don’t Say Gay’ law

The Independent UK

DeSantis board approves suing Disney in response to lawsuit

Days after Disney sued Florida’s governor in federal court for what it described as retaliation for opposing the state’s so-called “Don’t Say Gay” bill, members of Disney World’s governing board made up of Gov. Ron DeSantis appointees have authorized a lawsuit against the entertainment giant

Liverpool Echo

Major Liverpool company share reason behind using London phone number

Sentric Music, based in Liverpool, launched in 2006 and is now one of the major independent publishers in the music industry

Multichannel News

Comcast Reports Higher Earnings Despite Peacock Losses, Cord-Cutting

Revenues down following Super Bowl, Olympics, elections in 2022

Cinemablend

Disney Is Officially Suing Ron DeSantis As Tensions Rise

With Governor Ron DeSantis seemingly targeting The Walt Disney Company with his politics, the company has filed a lawsuit in protest.

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