As ad-free streaming becomes too expensive for many consumers, amid price hikes and broader economic challenges, Netflix is reportedly seeing surging adoption of its ad-supported tier. Amy Reinhard, Netflix president of ads, said the plan’s monthly active user base has exceeded 23 million people globally,...
Warner Bros. Discovery is becoming the latest company to open a themed restaurant to deepen consumers’ connection with their brands, bringing a “Friends”-themed coffeeshop to Boston. The first Central Perk Coffeehouse opened in the city Tuesday (Nov. 14), inspired by the shop of the same...
Warner Bros. Discovery is seeing its direct-to-consumer (D2C) subscriptions lose members, even as the shift to ad-supported models helps drive revenue increases for these services. The company shared in its third-quarter 2023 financial results, reported Wednesday (Nov. 8), that its D2C subscriber count, which includes...
Netflix is reportedly preparing to raise the price of its ad-free service once the Hollywood actors strike concludes. While discussions are still ongoing regarding price increases in various global markets, it is expected that the United States and Canada will be the first to experience...
February 06, 2024
Fox, ESPN and Warner Bros. Discovery have announced a joint venture to launch a new streaming sports service in the United States. This collaboration aims to create a platform that will offer a lineup of sports content, including thousands of high-profile sporting events from major professional sports leagues and college sports, the companies said in […]
October 03, 2023
Netflix is reportedly preparing to raise the price of its ad-free service once the Hollywood actors strike concludes. While discussions are still ongoing regarding price increases in various global markets,...
April 26, 2022
David Zaslav, the CEO of Warner Bros. Discovery Inc., said the new conglomerate, which includes CNN, HBO and Warner Bros., would be moving quickly on a new vision, The Wall...
April 21, 2022
Warner Bros. Discovery has announced that it is shutting down CNN+ April 30 as a way to cut costs following the merger of WarnerMedia and Discovery, CNN Business reported Thursday...