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The Latest Breaking News on Media

Disney raises US streaming prices and plans £3 monthly rise in UK

CEO vows to make services such as Disney+ profitable and announces crackdown on password sharing

The Guardian - UK

Huge Disney Plus subscription overhaul coming soon

Ad-supported plan to be added as well as a price hike for 4K HDR Disney+ streaming

Disney streaming service continues to bleed subscribers, but earnings improve in Q3

Disney reported narrower losses on its Disney+ streaming platform in the quarter ended July 1 and boosted revenues, but also shed Disney+ subscribers for the second quarter in a row

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Disney Plus just pulled a Netflix with price hikes and a password-sharing crackdown

Disney is raising the prices of its ad-free plans in October and the company intends to crack down on password sharing next year.

Tom’s Guide

Disney Plus Loses 300K U.S. Subscribers For Second Consecutive Quarter Following December Price Hike ... And They Just Announced Another Increase!

Disney Plus' ad-free tier will jump up again, to $13.99 a month, starting in October

Broadcasting & Cable

Less than 12 months after the last Disney Plus price hike, subscriptions are getting more expensive again

Hope you either like ads or paying more money for your streaming services

Total Film

Disney Cuts Streaming Red Ink but Posts $460 Million Q3 Loss

Company takes $2.65 billion in restructuring charges

Broadcasting & Cable

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Right on cue, Tidal begins rolling out hi-res FLAC streaming

With over six million songs now available in hi-res FLAC format, has there ever been a better time to switch over to a lossless streaming service?

What Hi-Fi?

Lawsuits filed by Airbnb and 3 hosts over NYC's short-term rental rules dismissed by judge

A New York judge has dismissed lawsuits filed by Airbnb and three hosts over New York City’s rules for short-term rentals, saying the restrictions are “entirely rational.”

The Independent UK

Is August the Time to Buy or Sell Walt Disney (DIS)?

Amid several challenges like lesser crowd numbers and declining subscribers, let’s see whether Walt Disney (DIS) could be a buy or a sell for August. Let’s look at its financial metrics to get an idea….

StockNews.com

Paramount’s Bob Bakish Touts Digital Advertising Growth

Direct-to-consumer advertising up 21% in Q2, while linear TV ads dropped 10%

Broadcasting & Cable

How to watch Only Murders in the Building season 3 online: stream the murder mystery from anywhere

Mabel gets the band back together when a Broadway lead dies on stage on opening night. Here's how to watch Only Murders in the Building season 3 online and on TV, from anywhere.

What Hi-Fi?

Fubo Cuts Second Quarter Loss As ARPU Increases

Domestic subscribers down 118,000 to 1.167 million

Broadcasting & Cable

Should Airbnb (ABNB) Be Part of Your Watchlist This Week?

While the home-sharing giant Airbnb (ABNB) delivered a steady performance for the quarter ended March 2023, it issued a cautious outlook for the second quarter, citing affordability pressure. So, should you consider adding it to your watchlist ahead of its second-quarter results? Read on.

StockNews.com

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The Independent UK

Judge refuses to dismiss lawsuit against Disney’s efforts to neutralize governing district takeover

A judge in Florida has refused to dismiss a lawsuit brought by Gov. Ron DeSantis appointees against Disney’s efforts to neutralize a takeover of Disney World’s governing district by the Florida governor

Multichannel News

Charter Second-Quarter Net Falls as 189,000 Subscribers Cut the Cord

Advertising revenue drops 16.5%

Cinemablend

Disney's Lawyers Just Accused Governor DeSantis Of Being In 'Open Defiance Of Our Nation's Most Cherished Liberties'

Disney does not mince words in response to Ron DeSantis' attempt to get out of Disney World lawsuit.

Multichannel News

Comcast Earnings Jump Despite Peacock Losses, Cord-Cutting

Media business profits fall 18.2%

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news in one place.

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The Guardian - US

Linda Yaccarino: does Twitter’s CEO have the most difficult job in tech?

She’s tasked with saving the company now called X, but Musk might be loth to hand over the reins of his $44bn vanity app

Zenger

Spotify Stock Falls As Q2 Revenue Misses Consensus, MAU Growth Outlook Disappoints

Spotify's Q2 revenue of $3.46 billion falls short of expectations, while tepid MAU growth outlook weighs on investor sentiment.

Marie Claire

Prince Harry and Meghan Markle Probably Believe They Can "Earn More by Dividing and Conquering," PR Expert Says

They have a lot of living costs to cover.

Evening Standard

Music-streaming services: What are the alternatives to Spotify after criticism of Wrapped 2024?

Music streaming services aren’t created equal — here’s what you need to look out for.

Kiplinger

Spotify Stock Falls Despite Record User Growth

The addition of 36 million net new users - a quarterly record - wasn’t enough for Spotify investors.

Spotify's price rise has me eyeing Apple Music - unless they change one thing

Spotify recently announced that the price of a standard subscription would rise, bringing it level with Apple Music. With Apple's service offering lossless audio, I'm thinking about swapping.

StockNews.com

Buy, Hold or Sell: What Should You Do With These 3 Media Producer Stocks?

The entertainment industry has been under pressure due to macroeconomic challenges. However, its long-term prospects look steady. Therefore, while it could be wise to wait for a better entry point in Sony Group (SONY) and Tencent Music (TME), Walt Disney (DIS) might be best avoided considering its weak fundamentals. Continue…

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