OTT News

Netflix Pledges E1 Billion to Spain as It Doubles Down on Spanish Originals

Netflix has announced a major new investment in Spain, committing to spend €1 billion ($1.1 billion) by 2029 to boost its production of Spanish original content. The announcement was made by Ted Sarandos, Netflix’s co-CEO, during a visit to Madrid to mark the streamer’s 10th anniversary in Spain. Sarandos visited Netflix’s European production hub in […]

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MUBI Raises 100M Amid Slump in Media Startup Funding

While media-related startup funding has cooled significantly since its 2021 peak, a few notable deals are still making headlines. One such example is MUBI, a global streaming platform known for showcasing independent films, which has just raised $100 million from Sequoia Capital. Founded in 2007 and headquartered in London, MUBI describes itself as “a place

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Disney Finally Buys Full Control of Hulu from Comcast for 9 Billion

Disney has officially bought Comcast’s one-third stake in Hulu, making it the sole owner of the streaming platform. The deal, finalized on June 9, 2025, means Disney now owns 100% of Hulu, paving the way for better integration with Disney+ and ESPN’s streaming services. Back in December 2023, Disney had already paid $8.61 billion to

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Malaysias sooka Boosts Free Streaming Options with wedotv Deal

wedotv, the free, ad-supported streaming TV network (FAST), has signed a new content distribution agreement with sooka, one of Malaysia’s leading streaming platforms. Through this deal, sooka will now offer four wedotv channels wedotv movies, wedotv BIG stories, wedotv sports, and wedotv amor to its users at no cost. This move marks a key step

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ESPNs Next Era Begins Fall 2025 with Streaming App

ESPN is using the NBA Finals 2025 as the stage to launch a bold new marketing campaign titled “Sports Forever” a nostalgic and forward-looking effort that highlights the network’s legacy while preparing audiences for its next big leap: a direct-to-consumer streaming service launching in Fall 2025. The campaign features a commercial that will air during

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Warner Bros. Discovery Cuts Cable Jobs Amid Cord-Cutting Pressure

Warner Bros. Discovery (WBD) has made targeted job cuts in its cable television division, reflecting the continued decline of the traditional TV business amid falling viewership and shrinking ad revenue. A source familiar with the matter stated that the cuts were spread across the company’s portfolio and not concentrated in any specific network or location.

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