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Why Are Netflix, Disney+, Hulu and More Raising Their Prices? Skyrocketing Production Costs and Inflation Are Hitting Streaming Hard
Disney+, Hulu, Netflix and ESPN+ all raised their prices this month. This likely won’t be the end as the price of entertainment continues to ebb higher and higher. The companies all blame higher production costs. But it’s more complicated than that with an industry that had to contend with inflation, a boom and bust of…
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The Death of The Home Phone? AT&T Lost 356,000 Home Phone Customers In Just 3 Months
Today, AT&T reported results for the third quarter 2023 and announced that in just three months, it lost 365,00 home phone customers from both voice internet protocol services and its traditional phone service. AT&T also lost 28,000 DSL customers as it transitions away to fiber and 5G home internet. This all comes as AT&T plans…
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T-Mobile is Now Calling Forced Migration a ‘Small-Scale Test’ That Hasn’t Kicked Off Yet
T-Mobile’s plans to forcibly move subscribers on legacy plans to newer, more expensive offerings has another wrinkle, with the company now calling it a “small-scale test” that hasn’t kicked off yet. Word of the migration efforts leaked on Reddit, and was later confirmed by several outlets, including Cord Cutters News. The leaks included a breakdown…
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This is How Much ESPN Makes For Disney
ESPN has long been considered the golden goose for Disney. Thanks to a new disclosure from the media giant, we know just how lucrative the sports network really is. In a filing with the U.S. Securities and Exchange Commission, Disney restated its financial results in line with a new method of reporting it plans to…
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Netflix Isn’t Done With its Password-Sharing Crackdown
Netflix expects to continue to flip password sharers into new customers over the next several quarters, with hundreds of millions of house holds still untouched by the sharing crackdown. “We’re staging this out,” Co-CEO Greg Peters said on an investor video interview following the release of its third-quarter results. He noted that there remains customers…
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20 US Senators Ask the FCC to Turn YouTube TV, DIRECTV STREAM, Fubo, & More Into Cable TV Companies
Today, 20 US Senators joined a growing number of local TV station owners to ask the FCC to turn streaming services like YouTube TV, DIRECTV STREAM, Fubo, and more into cable TV companies. In the letter, the Senators worry that streaming services like YouTube TV could undermine local news if the FCC doesn’t regulate them.…
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Patreon Gets Into Live Streaming By Acquiring Digital Event App Moment
Patreon, which provides creators with a way to offer subscriptions, has acquired the digital event app Moment, which will bring live events streaming to the platform. The acquisition will give creators a new way to share content with their fans by offering tickets to digital experiences. Patreon will absorb Moment’s staff and operations, integrating both…
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Sling TV Freestream Adds 9 New Free Channels This Week
If you still think of Sling TV as just a paid service, you are missing out. Sling TV Freestream is the company’s free ad-supported streaming service and offers over 430 free channels and over 41,000 on-demand titles. This week, Sling TV added eight new channels to its Freestream lineup. This comes as Sling TV Freestream…
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Netflix Added 8.8 Million Subscribers in Third Quarter As it Announces Premium Plan Price Hike
Netflix added 8.8 million subscribers in the third quarter, more than three times its tally from a year ago, as its password crackdown and ongoing global expansion continued to drive growth. The earnings results came as the streaming giant said it would raise the price of its premium plan, while also bringing back its basic…
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Netflix Raises Premium Plan Price, Brings Back More Expensive Basic Tier
Netflix confirmed that it will be raising the price of its most expensive plan, as well as bring back its basic tier, joining a myriad of streaming, cable and satellite services that are charging more for their content. The company said that it would make the changes during its third-quarter earnings report. The premium tier…
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Willow Star Blasts Disney+’s Removal of Show as “Embarrassing”
Disney+ has removed the one season wonder Willow from its content library, a move that series star Warwick Davis calls “embarrassing.” Willow only ran for a quick eight-episode season before being canceled, yet Davis noted that fans still love watching and rewatching the short series. Now that it’s gone from Disney+, the show isn’t available…
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Actors and Studios Are at a $480 Million Impasse To End the Strike
When talks between SAG-AFTRA and Hollywood studios to end the actors strike broke down last week, the Alliance of Motion Picture and Television Producers, AMPTP, said the “gap” between the two parties was “too great.” Actors are demanding a new streaming residual formula of $500 million, but the AMPTP is only willing to pay $20…
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TikTok Bans User Posting Deepfake Videos Featuring “Real” News Anchors
News segments appearing to be from anchors on national TV networks went viral on TikTok and prompted the social media network to take action against the original creator. In one video, CBS News anchor Anne-Marie Green “sits down” with Krishna Sahay, the creator behind these videos. One featured a crass fake interview with “the only…
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Stranger Things Producer Offers Update On When Filming Will Resume
Stranger Things cast and crew are chomping at the bit to begin production on the fifth and final season of the hit Netflix series. Shawn Levy, producer of the show, says filming will resume as soon as the SAG-AFTRA strike is over. The writing team returned to work in early August after the WGA strike…
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Apple Card Users Could Be In for a Shake Up If Partner Goldman Sachs Drops Apple
Apple Card could be in for a big shake-up, and it’s all because of partner Goldman Sachs. The investment bank, which worked with Apple to introduce the tech giant’s credit card, is considering getting out of the consumer lending business, according to The Wall Street Journal. That could potentially leave millions of Apple Card customers…
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