Streaming

Streaming
DoorDash Adds Max Streaming Service to DashPass Membership Program
August 13, 2024

DoorDash’s DashPass membership program now includes offers from Warner Bros. Discovery’s Max streaming service. A DashPass Annual Plan membership in the United States now includes Max With Ads at no additional cost and an offer to upgrade to a Max Ad-Free subscription for a discounted...

Streaming
Digital Dominance Challenged as Moviegoers Return to Theaters
July 29, 2024

While consumers like the convenience of digital streaming, all it took to get them back in movie theaters were two superheroes with attitudes. Even though PYMNTS Intelligence’s “How the World Does Digital” report, which examines the digital behaviors of more than 817 million consumers across...

Streaming
Netflix Adds 8 Million Subscribers, Touts Advertising Revenue 
July 18, 2024

Netflix released its second-quarter earnings on Thursday (July 18), emphasizing its ongoing foray into the advertising realm initiated in late 2022. The streaming giant posted a 17% surge in revenue to $9.56 billion, buoyed by a 16% year-over-year uptick in average paid memberships, with an...

Streaming
Audible Says New Royalty Model Monetizes More Content
July 11, 2024

Amazon-owned online audiobook and podcast service Audible is rolling out a new royalty model that will enable creators to monetize more types of content. The model will also allow listeners to access more storytelling, the company said in a Thursday (July 11) blog post on its website. In...

Streaming
Amazon’s Wondery Adds ‘Armchair Expert’ Podcast in $80 Million Deal
July 11, 2024

Amazon entered into an $80 million deal that will bring comedian Dax Shepard’s podcast “Armchair Expert” to the Wondery platform. Wondery will exclusively distribute and sell ads for the podcast, co-produce two new podcasts, offer a livestream of the show each year, and get a...

Streaming
Report: CNN Cutting 100 Jobs as It Prepares Subscription Product
July 10, 2024

CNN is reportedly cutting about 100 jobs as it prepares its new CNN.com subscription product. That’s according to a Wednesday (July 10) report by The Wall Street Journal (WSJ), which notes the move comes as the company is looking to become less reliant on its TV channel. The...

Streaming
Netflix Begins Previously Announced Phaseout of Cheapest Ad-Free Tier
July 02, 2024

Netflix reportedly began phasing out its cheapest ad-free tier for existing subscribers after saying in January that it planned to do so. Social media users in Canada and the United Kingdom have been posting that they received notifications from Netflix that the company’s Basic plan...

Streaming
Redbox Goes Bankrupt as Streaming Video Kills the Rental Kiosk
June 30, 2024

Redbox’s parent has reportedly filed for bankruptcy protection after defaulting on loans and missing payroll. Chicken Soup for the Soul Entertainment, which acquired the DVD rental kiosk company in 2022, told employees of its bankruptcy plans late Friday, The Verge reported Saturday (June 29), citing...

Streaming
Streaming Services Face Proposed New Tax in Philippines
June 28, 2024

Philippine lawmakers reportedly approved a bill that would tax foreign digital services, including streaming services like Netflix, HBO and Disney+. Having passed both the Senate and the House of Representatives, the bill will become law if signed by President Ferdinand Marcos Jr., Bloomberg reported Friday...