For its base packages, Sling TV has announced a $6 price increase, effective December 20. This marks the first nationwide price adjustment in nearly two years for the live TV streaming service. The last significant price change occurred in March 2023, when the service raised prices in select markets by $5. Notably, Sling TV’s Orange […]
Sling TV to Increase Subscription Prices Starting December Read More »
Prime Video has announced the launch of Channel K, a premium Korean entertainment channel by Interactive Media Mix, Inc. (IMX), now available as an add-on subscription. The new channel offers a wide range of popular Korean series, movies, K-pop concerts, and reality shows, providing Prime members with an extensive and immersive Hallyu entertainment experience. Channel
The OTT streaming service owned by Reliance Industries under Mukesh Ambani, JioCinema, has successfully merged with Walt Disney’s Hotstar platform, resulting in the creation of a new entity, JioStar. Following the merger, the joint venture between Jio and Disney has introduced subscription plans for its diverse entertainment offerings on the newly launched website, Jiostar.com. The
JioCinema and Disney+ Hotstar Merge to Form JioStar, Launch Subscription Plans Read More »
India’s national public broadcaster, Prasar Bharati, has introduced its new OTT platform, Waves. The app, available for download on Android and iOS devices, is promoted under the tagline “Waves – Family Entertainment Ki Nayi Lehar.” The Waves OTT platform features approximately 40 live channels, including well-known networks like SAB Group, B4U, ABZY, and 9X Media.
Prasar Bharati Unveils Its Latest OTT Platform: Waves Read More »
According to sources, Comcast is advancing plans to spin off its cable network channels. With an official announcement from Comcast potentially coming as early as Wednesday the spinoff process is anticipated to take approximately a year. Mark Lazarus, currently the chairman of NBCUniversal’s media group, is expected to lead the new entity, according to the
Comcast to Announce Cable Networks Spinoff Strategy Read More »
A class-action lawsuit has been filed accusing Meta of discontinuing its Facebook Watch streaming video service to benefit Netflix, alleging the two companies made a deal to divide the advantages of the evolving digital landscape. An antitrust lawsuit filed by two Illinois residents, in the U.S. District Court for the Northern District of Illinois, claims
Netflix, Meta Hit With Lawsuit Over Alleged “Quid Pro Quo” Against Facebook Watch Read More »
On Wednesday Liberty Media revealed plans to spin off the majority of its assets, excluding its Formula One auto racing business, into a new publicly traded entity named Liberty Live. Additionally, the company announced that CEO Greg Maffei at the end of the year will step down from his role. Liberty CEO Greg Maffei, said,
Liberty Media Unveils Liberty Live Spinoff as CEO Greg Maffei Plans Departure Read More »
With a new 11-year agreement, the NBA and Warner Bros. Discovery have announced the renewal of their partnership following the resolution of a legal dispute. The deal outlines mutual benefits for both parties as they continue their collaboration in delivering basketball content to fans. As part of the newly finalized agreement, Warner Bros. Discovery secured
NBA and Warner Bros. Discovery Settle Dispute, Sign 11-Year Contract Read More »
The Walt Disney Co. concluded its fiscal 2024 on a positive note, driven largely by the performance of its theatrical film division and growth in streaming. However, its ESPN and experiences businesses contributed to a slight decline in net income compared to the previous year. For its fiscal fourth quarter, ending September 30, the company
Disney Reports 6% Growth in Q4 Revenue Read More »
For fiscal year 2024, Walt Disney reported a non-cash impairment charge of $1.5 billion categorized under restructuring and impairment expenses associated with the Star India transaction. The charge reflects a fair value adjustment of the Star India business. Disney operates on a financial calendar running from October to September. Walt Disney disclosed in a regulatory
Disney Faces $1.5 Billion Impairment on Star India Acquisition in FY24 Read More »
