Bob Iger, chief executive officer of Disney, desires minority partners for ESPN, but striking an agreement will be difficult.

Bob Iger, the chief executive officer of Disney, has taken the unusual step of paying former executives Kevin Mayer and Tom Staggs a consulting retainer to assist him in resolving a difficult issue: what to do with ESPN.

Mayer and Staggs are Candle Media's co-CEOs. Both individuals ...

Streaming sites are getting rid of a lot of movies and TV shows, and it has nothing to do with them as people.

People thought streaming would last forever, but studios are getting rid of library material to save money.

Wall Street is putting more pressure on media companies and now cares more about if and when streaming will be profitable than how many subscribers they have.

Streamers ...

INDIA FRAMES TOUGHER RULES FOR SOCIAL MEDIA TO COMBAT FAKE NEWS

HIGHLIGHTS

• In India, the use of social media is increasing for sharing fake news.
• Indian Government has framed tougher rules to prevent the use of social media for sharing fake news.

The new rules are going to be tough challenges for...

NETFLIX RACES TO ALL-TIME HIGH SUBSCRIPTIONS IN S KOREA IN OCTOBER

• U.S. streaming giant Netflix Inc. is said to have purchased record-high paid subscriptions in South Korea last month, industry data showed Tuesday.
• An approximate 3.62 million viewers in South Korea presumably paid 51.4 billion won (US$45.9 million) for subscriptions in October...

COMCAST LAUNCHES PEACOCK STREAMING SERVICE NATIONALLY

Highlights –

• Comcast launches Peacock streaming services nationally.
• The streaming services will offer more than 20,000 hours of content.
• Peacock will consist of a mix of NBC series, sports, news, and original shows.
• Peaco...

NAVER AND KAKAO RIVALRY OVER LIVE-STREAMING SERVICES

Highlights –

• IT giants Naver and Kakao fight over the latest live-streaming e-commerce trend.
• Concept - Seller’s market their products via live-streaming video and engage with customers.
• Kakao kicked off its first live-streamin...

DAZN TO PROVIDE STREAMING SERVICES IN OVER 200 COUNTRIES

Highlights:

• The streaming service is currently available in 8 countries
• This expansion will boost Dazn’s international growth

Dazn is a streaming service that shows only sporting events. It is popularly called the “Netfli...

Simon Jordan expresses Premier League to convert into 'the Netflix of football' and introduced their own €9-a-month streaming service for supporters

Simon Jordan wants to turn the Premier League into ' the soccer NetFlix ' and start up their own fans streaming service.

The talkSPORT pundit, who is dissatisfied with football fans in the UK, claims that they found the solution to make their customers happy and make even more m...

TIKTOK STRATEGISES MUSIC STREAMING SERVICE

The viral app TikTok plans to launch a music issuing video amenity in competition with Spotify and Apple music.

The firm is already conferring global licensing agreements with major labels, such as Universal Music, Sony Music, and Warner Music.

It is predictable to launch in d...

SoundCloud artists can now pay to have their tracks boosted

In February, when SoundCloud was appointed to distribute its premiere monetization program, it promised that in the next months it would provide additional functionality. From November 12, SoundCloud launched a new SoundCloud Premier promotional self-service tool known as Promoter.

The ...

Current Trends of Digital Media

In today’s fast paced world gathering attention for online content has become a challenge. This requires companies to create a new idea for the old model. The latest trend therefore has seen a lot of traditional content makers adopting newer business models.

Experts allege the mov...

Disney stock to rise with a new streaming service?

The stocks of the United States have been seeing a significant rollercoaster ride throughout the year as the nation, and the world is experiencing a slowdown in its economics. The stock markets of the United States have been somewhat stable as the evergreen stocks and indexes have balanced out th...