Spotify is facing an FTC complaint from music publishers and songwriters over royalties. As Bloomberg News reported, the National Music Publishers’ Association (NMPA) filed the complaint with the Federal Trade Commission (FTC) Wednesday (June 13), alleging that the streaming audio platform’s decision to offer audiobooks to subscribers meant fewer royalty payments to...
Spotify is raising the prices of its premium plans in the United States, saying it aims to invest in its product features. Beginning immediately for new subscribers and on the July billing date of existing subscribers, the new prices for the plans are $11.99 for...
Streaming platforms have transformed the content and digital entertainment landscape. Platforms like Netflix, Amazon Prime Video, Hulu, and many others all offer subscribers access to thousands of movies, TV shows, documentaries and other forms of entertainment. While this abundance of options might seem like a...
Peacock, the streaming service owned by Comcast’s NBCUniversal, continues to demonstrate strong appeal, with management revealing during a Thursday (April 25) Q1 earnings call that it added 3 million new paid subscribers in the first quarter alone. Since its launch in July 2020, Peacock has amassed a total...
Netflix’s first-quarter earnings report on Thursday (April 18) paints a picture of success, with nearly 270 million paying customers globally and a 15% year-over-year surge in revenue. Operating income soared by 54% to hit $2.6 billion, fueled by subscriber fees and its burgeoning ad business....
The Walt Disney Co. will start limiting password sharing for its streaming services in June. The crackdown on the practice will begin in a few countries at that time and then expand to others in September, Disney CEO Bob Iger said Thursday (April 4) during an interview with CNBC, according...
Streaming subscription commerce has become a cornerstone of modern entertainment, offering users access to a vast array of content with a simple tap on their screens. However, in the face of rising competition, platforms are now embracing integrated experiences to not only retain existing subscribers...
Gone are the days when learning was confined to traditional classrooms and heavy textbooks. Today, knowledge is increasingly accessible to anyone with an internet connection, with digital platforms serving as the conduits of this democratization. From music streaming services to social media giants, these platforms...
We know that the connected consumer has certainly embraced binge watching since the pandemic. If Pocket FM gets its way, there will be a new streaming category to obsess about: Binge-listening to audio series. “I think we’ve stumbled on a new entertainment category,” Pocket FM...