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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...
Netflix Stock Soars to Near Record Highs on Q4 Subscriber Beat,...
Variety reports: "Netflix shares saw their biggest single-day gains in four years after the streamer reported strong Q4 subscriber growth that topped Wall Street...
Instagram lead says he’s not happy with Reels yet and might...
The Verge reports: "Adam Mosseri, the head of Instagram, isn’t thrilled with the platform’s TikTok competitor Reels. He discussed the format, which launched in...
Cinedigm Acquires Fandor, Plans to Reboot Indie-Film Streaming Service
Variety reports: "Cinedigm continues its rollup of niche streaming brands: The company has acquired the assets of Fandor, a subscription-streaming service with a catalog...
Apple Mulls Podcast Subscription Push Amid Spotify’s Land Grab
Billboard reports: "The iPhone giant has explored adding a paid audio product, a risky move given the proliferation of free, ad-supported programming."
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SiriusXM Takes $1B Pandora Hit Due To ‘Royalty Cost Structure’
Hypebot reports: "SiriusXM added 909,000 new subscribers last year, bringing their total monthly self-pay subscriber base to a record of 30.9 million at the...
Paramount Plus to Launch March 4 in U.S. and Latin America
Variety reports: "ViacomCBS has set March 4 as the launch date for Paramount Plus, the company’s effort to join the direct-to-consumer streaming revolution alongside...
TikTok’s Chinese version Douyin launches an e-wallet
TechCrunch reports: "Tencent’s WeChat Pay and Alibaba’s affiliate Alipay have long dominated digital payments in China, but they have always faced new challengers. The...
ViacomCBS Files Lawsuit to Recover COVID-19 Losses from Insurer
The Hollywood Reporter reports: "ViacomCBS has become the latest and perhaps biggest entity in entertainment to go to court against an insurer to recover...
How Twitter is handling the 2021 US presidential transition
TechCrunch reports: "Twitter has set out its plans for US Inauguration Day 2021, next Wednesday, January 20, when president-elect Joe Biden will be sworn...
