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The Latest Breaking News on Media

"My original point was not to devalue the time, effort, or resources involved in creating meaningful works": Spotify CEO responds to backlash over comments on cost of making music

"It’s clear I was far too vague in the post, including with my clumsy definition of content. I understand how it came across as very reductive and that wasn’t my intent"

MusicRadar

Spotify Premium is now more expensive than Apple Music — But is it worth the extra?

Spotify raises its price again, making for the third price rise world wide for a 20% increase overall.

iMore

Spotify is increasing prices again — here's how much more you need to pay

Spotify is bumping up the price of its music streaming service again, and all plans are impacted.

Tom’s Guide

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

Musicians outraged as Spotify CEO claims the "cost of creating content" is "close to zero": "Our albums took hundreds of hours of human effort, hard work and creativity"

Daniel Ek's comments arrive as Spotify reports record profits of over €1bn in Q1 2024

MusicRadar

Spotify CEO sparks backlash after social media post that claimed the cost of making "content" is "close to zero"

Spotify CEO Daniel Ek touched the collective nerve of the music world by saying it costs almost nothing to make "content"

Metal Hammer

Spotify is offering refunds for Car Thing before it stops working

Customers who bought Spotify's Car Thing device can get a refund before it stops working later this year.

Android Central

Music Streamer Spotify Seen Cranking Up Profits This Year

Spotify stock has room to run higher this year as the streaming music leader shows improved profitability, a Wall Street analyst says.

Investors Business Daily

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Spotify is refunding Car Thing owners — how to get your money back before Spotify bricks it

Spotify is offering Car Thing owners refunds after abruptly announcing plans to discontinue support for the in-vehicle streaming device in December.

Tom’s Guide

We're About to Find Out if TNT Actually Needs the NBA

WBD's CEO David Zaslav believes the company's global sports offering is enough to carry the company ahead.

Sports Illustrated

Analyst Turns Bullish On Airbnb Stock, Says Investors Should 'Take Advantage' Of Recent Slump

Airbnb stock is slumping this month following the company's Q1 earnings report, which one analyst sees as an opportunity.

Investors Business Daily

Rappers accused of murder endorse Trump

Rappers Sheff G and Sleepy Hallow, both indicted in 2023, joined Trump on stage during his Bronx rally

Salon

Spotify killing Car Thing shows why you shouldn't buy hardware from a software company

Spotify's tone-deaf email to customers informing them their devices will be bricked is the icing on the cake for an awful decision.

Android Central

The distributor of a popular Hong Kong protest song will remove it from all platforms, creator says

The distributor of a popular protest song in Hong Kong has decided to remove the music from all platforms because of a court ban in the city, the group that created the song says

The Independent UK

Paramount And Disney Grapple With The Rapid Rise Of Streaming

Buyout chatter hit Paramount stock recently as media giants grapple with changing consumer tastes and the rise of streaming.

Investors Business Daily

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Multichannel News

Paramount, Charter Reach Carriage Deal That Includes Linear Networks, TV Stations and Streaming Services

Agreement follows model of groundbreaking Disney deal, adding streaming to the cable bundle

Creative Bloq

Spotify's new font means a new logo too

And it's a radical mashup of typefaces.

The Conversation

‘I’m looking for a man in finance’: how a sampled sound bite can turn a dance track into an earworm

“I’m looking for a man in finance,” the TikTok user, @girl_on_couch, says blandly, looking around the room and then into the camera. “Trust fund. 6'5. Blue eyes. Finance.” In the caption, she urges someone to turn her sound bite into “an actual song plz”.

Broadcasting & Cable

Comcast’s Dave Watson: Focus Is on Revenue, Not Broadband Additions

With no return to broadband customer growth in sight, cable chief aims to shift the focus to his company’s stable ARPU

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news in one place.

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StockNews.com

Should Investors Buy or Sell Disney (DIS) After Quarterly Results?

In the recent quarter, entertainment behemoth The Walt Disney’s (DIS) top and bottom-line results were mixed compared with analysts’ expectations. Despite stronger profitability, mixed trends across its business segments have pressured the overall growth. So, should investors buy or sell the stock? Keep reading to find out….

Broadcasting & Cable

Streaming? No Thanks, Says Nexstar CEO Perry Sook

Rebundling is taking the industry back to basic cable in costly fashion

Total Film

Disney Plus/Max bundle is the latest streaming mega-deal – but it sure does sound like a slow return to traditional TV

The offer will be rolled out in the US sometime in the summer

Tom’s Guide

Disney Plus, Max and Hulu are joining forces for mega streaming bundle — what you need to know

Disney Plus, Max and Hulu are becoming part of a streaming bundle to deliver the greatest collection of entertainment for the best value — here’s what you need to know.

Broadcasting & Cable

Disney and Warner Set to Bundle Disney Plus, Max and Hulu Starting This Summer

Media companies call their triple streaming play 'the best value in entertainment,' but no price or specific launch day was revealed

Multichannel News

Sinclair Net Income Drops To $23 Million in First Quarter

Core ad revenue down 3%

Investors Business Daily

Airbnb Earnings Beat Views. Shares Slide As Investors Fret Sales Outlook.

Airbnb stock fell despite an earning beat, as the short-term rental company gave light sales guidance.

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