SVOD

Netflix Inc (NASDAQ: NFLX) is giving its film group a revamp in the form of consolidation. The streaming giant also wants to focus on making fewer but better films going forward. What Happened: Netflix is set to combine units that make small and midsize films, which will...

Netflix Inc. (NASDAQ:NFLX) seems to be testing the idea of expanding its gaming service to televisions.  What Happened: App developer Steve Moser uncovered Netflix code and discovered that the streaming giant seems to be planning to expand its video-gamer service beyond smartphones and tablets by...

Walt Disney Co.’s (NYSE: DIS) streaming business has seen workforce reduction amid the company’s broader overhaul efforts to boost profitability. What Happened: Burbank, California-based Disney has eliminated 300 positions in Beijing, China, in its streaming business, the Wall Street...

Gamers, get ready to put your skills to the test and win a free one-month trial of Apple Inc.’s (NASDAQ:AAPL) Apple TV+ by playing the classic game of “Tetris.”  What Happened: Apple and PlayStudios have joined forces to offer a free trial of Apple TV+ to players in honor of...

Apple Inc (NASDAQ: AAPL) is looking to premiere the Martin Scorsese film “Killers Of The Flower Moon” in theaters before it runs on its TV+ streaming platform. What Happened: The film is set to receive a limited theatrical release on October 20. The Tim Cook-led company has...

The 95th Academy Awards was a massive victory for streaming giant Netflix Inc (NASDAQ:NFLX), which received 15 nominations and won six trophies on Sunday night. Walt Disney Co. (NYSE:DIS), which had 22 nominations, ended up walking away with just two awards. What Happened: Highly...

Robert Iger, who returned as CEO of Walt Disney Co (NYSE: DIS) late last year, hinted at what may lie down the road for the entertainment giant in its quest for streaming profitability. What Happened:  At Morgan Stanley’s Media and Telecom Conference in San...

Netflix Inc (NASDAQ: NFLX) shares dropped over 3% on Thursday after reports indicated the streaming giant reduced its subscription prices in over 30 countries in the last few weeks. What Happened: The price reductions have been implemented in markets across the Middle East...

Major Wall Street indices closed in the green on Wednesday despite an initial dip following the release of the January retail sales figure that showed the economy is still running hot and indicated the Federal Reserve will have to continue its rate hikes for some time to come. Retail sales in the U...

Netflix Inc (NASDAQ: NFLX) said Wednesday that its password-sharing restrictions will be imposed on users in Canada, New Zealand, Portugal, and Spain. What Happened: The company said that users in the four countries will have to set a “primary location” for their account so that members...

Netflix Inc (NASDAQ: NFLX) outgoing co-CEO Reed Hastings said The Walt Disney Co-owned (NYSE: DIS) Hulu is a model when it comes to advertising-service tier. What Happened: Hastings said on the company’s fourth-quarter earnings call that Hulu has a “10-year head start...

Major Wall Street indices closed in the red on Thursday after U.S. unemployment data showed the labor market continues to remain resilient, a factor considered to be crucial in driving the Federal Reserve’s future policies. The weekly jobless claims fell by 15,000 to 190,000 while...

Major Wall Street indices closed over 1.2% lower on Wednesday, dragged by renewed concerns of a recession as U.S. retail sales declined by the most in 12 months, down 1.1% in December as against expectations of a fall of 0.8%. This is the second straight monthly decline in the figure. The U.S...

Netflix Inc (NASDAQ: NFLX) introduced its streaming service to deliver content directly to personal computers on Jan.16, 2007. This was 16 years ago — a moment that could be construed as a tectonic shift in the company’s fortunes. Before Netflix emerged as a streaming goliath, it...

Apple Inc (NASDAQ: AAPL) Vice-President of Services Peter Stern is reportedly leaving the tech giant. What Happened: Stern heads Apple’s services business which envelops News+, Fitness+, and iCloud+ along with other subscription services. Under Stern, the Tim Cook-led company’...