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Posts Tagged ‘streaming video’

Hulu buys back AT&T’s minority stake in streaming service now valued at $15 billion

Hulu has paid $1.43 billion to buy AT&T’s minority stake in the streaming video company. The companies announced Monday that the transaction valued Hulu at $15 billion. As a result, AT&T’s 9.5 percent stake in Hulu was worth $1.43 billion. The valuation is two-thirds higher than last November when Disney reported in a regulatory filing ...

YouTube denies that it is canning scripted series, plans to launch ad-supported slate in coming weeks

On the heels of Apple announcing paid, monthly subscription services for video, games, and news, YouTube says it is also doubling down original video content. Parent company Google has denied a report in Bloomberg that YouTube has stopped accepting pitches for scripted shows. But it also confirmed another aspect of the same report: it plans a ...

YouTube is cancelling premium original shows ahead of Apple’s streaming service event

03.25.2019 · Posted in Technology Articles

Just as Apple gets ready to announce its streaming service, complete with original programming, another tech giant is preparing to bow out. According to Bloomberg, YouTube is cancelling many of its “Hollywood-quality" shows and plans to pull ou... ...

Media fragmentation is annoying consumers

Deloitte’s Technology, Media and Telecommunications division published its 13th-annual Digital Media Trends survey, focused on identifying changes in the ways US consumers engage with various types of media. Led by an independent research firm, the survey had roughly 2,000 consumer respondents across demographics – with the report categorizing respondents based on age (Gen-Z: ages 14-21, ...

Netflix may be losing $192M per month from piracy, cord cutting study claims

As many as 1 in 5 people today are y off of someone’s else’s account when streaming video from Netflix, Hulu or Amazon Video, according to a new study from CordCutting.com. Of these, Netflix tends to be pirated for the longest period – 26 months, compared with 16 months for Amazon Prime Video, or 11 ...

Report: Apple’s video streaming service to launch this spring

Apple’s new streaming service is poised to launch this spring, according to The Information, citing three unnamed sources. Tucked away in a report about Amazon’s plans to dial down its efforts with its subscription video offering, The Information noted that Apple has been telling entertainment partners to be ready for a mid-April launch for the streaming ...

The great Amazon swindle

Amazon has confirmed that it will open two massive new offices in New York City and Crystal City, Va., to complement its already massive headquarters in Seattle. And the verdict on the company’s decision is disgust. Amazon played everyone involved in the process: the governments that pandered to it and the media that covered it ...

China’s obsession with short videos has its internet giants worried

Take a subway ride in China and expect to see a lot of commuters’ eyes glued to TikTok videos on their phones. Video clips like TikTok’s are now consuming nearly nine percent of Chinese people’s time online, a 5.2 percent jump from 2017, according to app analytics firm QuestMobile. Apps such as TikTok — which ...