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The High Cost of Chasing Netflix

The Hollywood Reporter reports: "NBCU’s Peacock and WarnerMedia’s HBO Max are touting notable subscriber gains but also forecasting billions in investment charges to establish...

SiriusXM Revenue and Subscribers Up, Despite Down Quarter and $976 Million...

Variety reports: "Satellite radio giant SiriusXM saw a 6% revenue gain and added 279,000 subscribers in its satellite radio business, although it faced “headwinds”...

Russian mobile game publisher Nexters will go public via a SPAC...

VentureBeat reports: "Mobile game developer and publisher Nexters Global announced it will go public, raising money at a $1.9 billion enterprise value via a...

Gray Television Acquires Quincy Media For $925 Million In Cash

Deadline reports: "Broadcaster Gray Television Monday has acquired smaller family-owned Quincy Media for $925 million in cash in a deal that will land it...

Popular Gaming Platform Accused of Abusing Market Power Through Contracts

The Hollywood Reporter reports: "Gamers have a new play — seeing how a federal judge will scrutinize the dealmaking behind a digital platform responsible...

Apple Services Hits Record $15.8 Billion in Quarterly Revenue

Billboard reports: "Apple's services division hit an all-time revenue high during the final three months of the year. The group, which accounts for sales...

Walt Disney Analyst Upgrades Stock on Streaming Success, Theme Parks Reopening

The Hollywood Reporter reports: "UBS analyst John Hodulik upgraded his rating on the stock of the Walt Disney Co. from "neutral" to "buy" in...

Apple’s first VR headset will reportedly be powerful and pricey

CNET reports: "Apple's first virtual reality headset will reportedly sport powerful processors, a high-resolution display, a fan and a steep price tag. The VR...

Valve and five PC games publishers fined $9.4M for illegal geo-blocking

TechCrunch reports: "A four-year antitrust investigation into PC games geo-blocking in the European Union by distribution platform Valve and five games publishers has led...

Epic Games takes legal action against Apple and Google in UK

Gamesindustry.biz reports: "Epic has expanded its ongoing legal battle against Apple and Google by filing new complaints in the UK." Read more