May 05, 2024
Sony and Apollo Bid $26 Billion for Paramount Acquisition

Sony Group, in collaboration with U.S. investment fund Apollo Global Management, has tabled a $26 billion acquisition offer for Paramount Global, according to reports from the Financial Times. The proposed acquisition,...

May 01, 2024
Peacock’s Price Hike Hints at Delicate Balancing Act for Streaming...

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...

April 22, 2024
Verizon Focuses on AI Priorities as Customer Losses Slow

Verizon is crediting flexible price plans and streaming bundles for its slowing customer losses. The wireless provider on Monday (April 11) reported that it lost 68,000 monthly wireless phone subscribers during the first quarter of...

April 21, 2024
Experts Discuss Algorithmic Pricing at CPI’s European Conference

At the inaugural European conference hosted by Competition Policy International (CPI) on March 22, 2024, titled “Dynamic Competition in Dynamic Markets: Charting the Path Forward?” held at SDA Bocconi School...

April 19, 2024
Streaming Platforms Navigate Shifting Market Dynamics Amid Subscriber Boom

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...

April 18, 2024
Netflix Subscriber Base And Revenue Spike in Q1

The storyline is playing out nicely for Netflix. The streaming company reported its latest earnings on Thursday (April 18), with Wall Street keeping a close eye on expected revenue and subscriber...

April 11, 2024
Wave of AI Models Signals Intense Industry Rivalry

The rise of several artificial intelligence models indicates a fresh surge in industry rivalry, possibly setting the stage for an array of innovative commercial applications. OpenAI, Google and French startup Mistral AI unveiled the...

April 04, 2024
Disney to Start Limiting Password Sharing in June

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...

April 04, 2024
Cash-Strapped Consumers Splurge on Streaming Services

When consumers facing financial pressures carve out room in their budgets to treat themselves, PYMNTS Intelligence research reveals, it is often to enjoy their favorite movies and series. By the...