Long before becoming a Hollywood mainstay with a market cap of over $315 billion, Netflix was struggling to stay afloat. After the dotcom bust, the then DVD rental company was forced to make its first major round of layoffs in 2001, cutting roughly one-third of its workforce. For Netflix cofounder Reed Hastings, the experience drove
Peacock is raising prices across its streaming plans once again, with the company’s cheapest ad-supported Select tier going from $7.99 to $8.99 / month, as reported earlier by Variety. The Premium plan with ads is increasing from $10.99 to $12.99 / month, while the ad-free Premium Plus plan is getting the biggest hike, jumping from
ABC News has officially introduced Searched, a livestreamed show that highlights stories people are discussing on social media and searching on the web, as reported earlier by Variety. Though the network just announced the show now, Searched began airing on the ABC News Live streaming channel in April, which appears on both Disney Plus and
YouTube will soon count a view as soon as a video starts to play, lining up with the system used by Instagram, TikTok, and its Shorts videos. The update will go into effect on August 24th, “which means creators will likely see their total view counts increase faster moving forward,” the platform says. YouTube says
Disney’s biennial fan convention D23 is underway in Anaheim, California, and the entertainment giant hosted a star-studded entertainment showcase to unveil all upcoming movies and streaming shows, as well as trailers and sneak peeks of the ones we already know about. Along with Frozen 3, The Incredibles 3, the Marvel reveals and all the Star
Amid a torrent of fan-friendly news about Disney projects across the media spectrum, Disney leadership took time on the first day of the three-day D23 fan fest weekend in Anaheim for panels that offered a behind the scenes look at the Mouse House’s business strategies and vision for driving growth in the streaming era. One