streaming service News

Apple TV+ Struggles: $1 Billion Annual Losses Revealed Amidst Growth

Apple TV+ is reportedly incurring $1 billion in annual losses despite a $5 billion investment in content and a growing subscriber base. Budget cuts and a $6.99 monthly fee highligh...

Trump Media Expands Reach: Truth+ Streaming Service Launches on Roku

Trump Media and Technology Group has launched its Truth+ streaming platform on Roku TVs, offering a new choice for non-woke TV and movies. The service aims to provide an alternativ...

CNN Embraces Digital Future: Launches Streaming Service and Announces Workforce Transformation

CNN announces a major shift towards digital and streaming services, cutting 200 traditional TV roles and investing in data scientists and product engineers to adapt to declining ca...

Major Studios Pull the Plug on Venu Sports Streaming Venture Amid Market Shifts

The Walt Disney Company, Fox Corporation, and Warner Bros. Discovery Inc. have decided to cancel the launch of the Venu sports streaming service, citing market changes and legal ch...

Disney CFO Foresees Streaming Service Price Hikes Ahead

Disney's CFO, Hugh Johnston, predicts that streaming service prices will increase in the future. He highlighted the transformative impact of Disney+ on the company's business model...

Disney CFO Forecasts Rising Streaming Service Prices

Disney CFO Hugh Johnston predicts an increase in streaming service pricing, highlighting Disney+'s transformation of the company from B2B to DTC. He also discusses ongoing cost-cut...