Streambox Media, a startup operating for two and a half years, has introduced Dor, a subscription-driven smart TV service. The offering integrates high-quality hardware with access to content from various OTT platforms. Dor is designed to transform home entertainment with its 4K QLED TV and is scheduled to debut on Flipkart on December 1. The […]
Streambox Media Unveils ‘Dor’: India’s First Subscription-Based TV Service Read More »
The streaming industry is at a critical juncture, with major entertainment companies’ services having accumulated billions in losses over the years. Despite the push for profitability, these companies are continuing to offer significant discounts to attract new subscribers during the Black Friday period. The streaming industry faces a classic dilemma: while attracting new subscribers is
Streaming Services Offer Black Friday Deals Amid Ongoing Profitability Struggles Read More »
Lionsgate has taken a step closer toward its planned separation of the studio from Starz, by filing official documents with the SEC to advance the process. Notably, the company outlined its plan to separate into two publicly traded companies in an official S4 filing, which requires Securities and Exchange Commission (SEC) approval. Once the SEC
Lionsgate Officially Moves Toward Studio-Starz Split Through SEC Filing Read More »
A shareholder has filed a lawsuit against Warner Bros Discovery, alleging that the company violated securities laws by failing to provide accurate information to investors about the potential impact of losing its long-standing rights agreement with the NBA. Richard Collura who acquired Warner Bros Discovery (WBD) stock between February 23 and August 7, 2024, has
Warner Bros Discovery Faces Investor Lawsuit Over NBA Deal Fallout Read More »
Akamai Technologies has agreed to pay $125 million for customer contracts associated with Edgio’s security and content delivery businesses, along with non-exclusive license rights to its entire patent portfolio. A judge overseeing Edgio’s bankruptcy case has approved all bids for the company’s assets. However, the acquisition does not include any assets related to Edgio’s network.
Akamai Buys Edgio Security and Delivery Contracts for $125M in Bankruptcy Sale Read More »
Cloud-based platform Brightcove, which specializes in video content management and monetization for businesses, is set to be acquired by Italian technology company Bending Spoons. The deal, valued at $233 million, will be executed as an all-cash transaction, resulting in Brightcove transitioning to a privately held company. Notably, representing a 90% premium over its 60-day average
Bending Spoons Acquires Brightcove in $233M Deal Read More »
U.S. satellite TV provider DirecTV on Thursday announced the termination of its agreement to acquire EchoStar’s satellite television business, which includes rival Dish TV. The decision was made following the failure of a proposed debt-exchange offer, which was a key component of the deal. The collapse of the proposed merger between DirecTV and EchoStar has
DirecTV Cancels Dish Agreement Over Debt Exchange Issues Read More »
From January 6, 2025, WWE’s flagship weekly shows SmackDown, Raw, and NXT will be available for streaming on Netflix. The deal also includes access to all past and upcoming Premium Live Events. In light of the new partnership with Netflix, WWE has informed its UK and European subscribers through an official email that the WWE
WWE Network Ends UK Service Ahead of Move to Netflix Read More »
The Asian Cricket Council (ACC) has announced that Sony Pictures Networks India (SPNI), now known as Culver Max Entertainment Private Limited, has secured exclusive media rights for all ACC tournaments from 2024 to 2031. This deal reflects a more than 70% increase in value compared to the previous media rights cycle, for the ACC Asia
With a new multi-year content partnership Fox Entertainment and Hulu have renewed their collaboration. Under the agreement, Hulu will continue to stream Fox’s primetime entertainment shows, the day after their broadcast premieres including popular titles like The Simpsons, Bob’s Burgers, and series from Gordon Ramsay’s culinary franchise. The renewed deal also extends a marketing alliance
Fox Entertainment and Hulu Renew Multi-Year Streaming Partnership Read More »
