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Spotify CEO Daniel Ek has raked in nearly $119 million in a stock sale after recently overseeing the layoff of 1,500 employees -- a reduction that Ek himself acknowledged created a "significant" challenge" for the streaming company.
The post Spotify CEO Rakes in $119 Million on Stock Sale as Artists Lament Stingy Royalties appeared first on Breitbart.
Comcast/NBC/Universal's streaming service, Peacock, lost a whopping $639 million in the first three months of 2024.
The post Nolte: Peacock Streaming Service Lost $639 Million in Q1 appeared first on Breitbart.
A new phenomenon known as "serial churners" spells trouble for streaming services wherein people subscribe only temporarily.
The post βSerial Churnersβ Emerge as Latest Hollywood Streaming Profit Nightmare appeared first on Breitbart.
Netflix's decision to end its quarterly reporting of subscriber numbers tells me Netflix knows it has peaked.
The post Nolte: Refusal to Release Subscriber Numbers Means Netflix Likely Peaked appeared first on Breitbart.
The streaming giant Netflix has said it will stop reporting quarterly subscriber numbers with its 2025 earnings, instead focusing on other metrics.
The post Netflix Will Stop Reporting Quarterly Subscriber Numbers appeared first on Breitbart.
Netflix, the only streamer making a profit, will reportedly no longer make lousy, super-expensive blockbusters or lousy "auteur" movies.Β
The post Nolte: Netflix Will Make Fewer Lousy, Super-Expensive βAuteurβ Movies appeared first on Breitbart.
Major Hollywood studios are panicking as video piracy is once again on the rise, with the industry's main lobbying organization demanding that Congress take action against piracy sites that are eating into studio profits at an ever-increasing rate.
The post Hollywood Panic: Inflation Spikes Streaming Prices, Piracy Rises, Studios Push for Site-Blocking Laws appeared first on Breitbart.
Streaming giant Roku has disclosed a massive data breach that has compromised more than 576,000 user accounts, marking the second security incident for the company in just a month.
The post Roku Reveals Massive Data Breach β Hereβs What You Can Do to Protect Yourself appeared first on Breitbart.
Non-stop entertainment comes at a price and for Gen Z and Millennials that price is increasingly too high, a poll reveals.
The post Gen Z and Millennials Say Streaming Costs Them Too Much a Month appeared first on Breitbart.
Hollywood can produce all the crap it wants. But they can't make us watch.
The post Nolte: Data Confirms No Oneβs Watching Hundreds of Woke Streaming Shows appeared first on Breitbart.
Many people will be opening presents on Christmas Day this year, including the NFL. And there's an excellent chance they'll be opening the most expensive present of all.
The post NFL to Auction Media Rights to Two Christmas Day Games, Bidding Starts at $50 Million appeared first on Breitbart.
For the second year in a row,Β vinyl records have outsold CDs, solidifying their resurgence and popularity among music enthusiasts seeking physical media after tiring of the maze of streaming options.
The post Vinyl Records Outsell CDs for the Second Year in a Row appeared first on Breitbart.
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