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HBO Max Reaches 28.7M, Including 8.6M “Activated,” Subscribers
The Hollywood Reporter reports: "WarnerMedia streaming service HBO Max has reached 28.7 million "total HBO Max subscribers," including 8.6 million "activated" users as of...
Snap shares jump 23% as Snapchat user growth and revenue beat...
VentureBeat reports: "Shares of Snap rallied 23% on Tuesday after the Snapchat messaging app owner beat user growth and revenue forecasts. This came as...
Twitch purges videos after “thousands” of requests from music labels
Gamesindustry.biz reports: "Twitch has deleted thousands of videos and clips from streamers' archives as it clamps down on the use of copyrighted music."
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ViacomCBS Rounds Out Int’l Streaming Leadership
The Hollywood Reporter reports: "ViacomCBS’ ViacomCBS Networks International (VCNI) unit made three executive appointments on Wednesday to round out its new streaming leadership and...
Universal Music Group just generated over a billion dollars from streaming...
Music Business Worldwide reports: "Universal Music Group just stormed Q3. According to numbers from UMG parent Vivendi, the music company turned over €992m ($1.14bn)...
Quibi Lands on Apple TV, Amazon Fire TV, Google TV —...
Variety reports: "Quibi’s quick-bite originals are now streaming on three connected-TV device platforms — Apple TV, Amazon’s Fire TV and Google TV/Android TV. But...
WMG Plans $338M In Major Music Acquisitions
Hypebot reports: "Warner Music Group revealed that its subsidiary WMG Acquisition Corp has raised more than $250 million in capital to help fund a...
WarnerMedia Hits the Road: New ‘Ride’ Video Streaming Service Launches in...
Variety reports: "WarnerMedia is bringing its premium video programming to bored kids and other road-weary passengers through WarnerMedia Ride, a new video service for...
Media Earnings Q3 2020: Investors Search for Signs of Recovery, Strategies...
Variety reports: "Media barons have long acknowledged that the future will be streamed. Over the coming weeks, as the world’s largest media and tech...
Justice Department Expected To File Antitrust Lawsuit Against Google
Deadline reports: "The Justice Department is expected to file an antitrust lawsuit on Tuesday against Google, claiming that the internet giant abused its market...
