Streaming news and trends

Redbox Goes Bankrupt as Streaming Video Kills the Rental Kiosk
Streaming // 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 Services Face Proposed New Tax in Philippines
Streaming // 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...

Media Giants Seize on Consumers’ Demand to Get off the Couch
Retail // June 21, 2024

With the shift in media consumption toward streaming so ingrained now, consumers are no longer as excited about the option to view more content from the comfort of their homes — they are hungry for in-person experiences, and media companies are getting onboard. Take, for...

Heat Wave? Consumers Cool Off With Digital-First Staycations
Connected Economy // June 19, 2024

As so many people learned back in 2020, digital platforms provide a wide range of amusements that can be enjoyed from the comforts of one’s home when going on an in-person adventure is not feasible. For midweek holidays, these tech-enabled staycations can be just what...

Interviews & Exclusives
Heat Wave? Consumers Cool Off With Digital-First Staycations

June 19, 2024
As so many people learned back in 2020, digital platforms provide a wide range of amusements that can be enjoyed from the comforts of one’s home when going on an in-person adventure is not feasible. For midweek holidays, these tech-enabled staycations can be just what the doctor ordered. For instance, consumers can watch productions from […]

Zara and Amazon Lead Livestream Shoppable Content Expansion

June 04, 2024
As consumers around the world look for more engaging purchasing experiences, livestream shopping is expanding internationally. Zara, for instance, is reportedly expanding its live shopping to the United States, United...

Tastemade Says Multitasking Presents a Big Contextual Commerce Opportunity

June 03, 2024
Consumers are increasingly engaging across multiple devices even for formerly passive activities, such as viewing films, creating a commerce opportunity for brands that can provide a frictionless shopping journey. In...

Walmart Takes Amazon Battle Into New Virtual Spaces

May 24, 2024
As Walmart and Amazon compete to win younger shoppers’ retail spending, the former is looking to capture Gen Z’s imaginations with new digital experiences to secure their engagement and loyalty....

Quick Reads
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 has been discontinued, and they must choose an ad-supported tier […]

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,...

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,...

Spotify Faces FTC Complaint From Music Publishers

June 13, 2024
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),...