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 ...

Discovery Learns from Sports Mistakes in Europe

During a virtual investors summit, the President and Chief Executive Officer of Discovery Streaming and International, JB Perrette said that they were going to have a unique proposition in a world of a premium sports tier. He said that the company had learned a lot from the mistakes of the sports...

Global Live Streaming Market 2021: Growth Analysis, Projection & Forecast to 2029

Live streaming is a type of streaming in which audio or video is broadcast live over the Internet. The media is broadcast while it is being recorded, allowing users to see or listen to it in real time. The word "live streaming" usually refers to broadcast live streams, which are one-to-...

YouTube Music crosses a mark of 50 million subscribers

Highlights

• YouTube Music crosses 50 million subscribers
• Spotify is dominating the music streaming market, followed by Apple and Amazon

On Thursday, YouTube’s music streaming service said that it has reported having more than 50...

Apple buys Primephonic as it plans to launch its own classical music app

Highlights

• Apple takes over Primephonic, to bring a great classical experience for users
• Existing users can use the service till September 7

Apple Music acquires classical music streaming service Primephonic, on Monday.  This mu...

S. KOREAN VIDEO STREAMING COMPANY WAVVE TO INVEST $882.7 BILLION IN CONTENT

Highlights –

• S. Korean video streaming company Wavve to invest $882.7 billion in content.
• Wavve will enter in a JV with SK Telecom, KBS, MBC, and SBS to produce original content.
• SK Telecom will invest in the JV by issuing 100 billion...

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...

SPOTIFY - KAKAO M’S LICENSE DEAL EXPIRES; MAJOR K-POP ARTISTS’ SONGS REMOVED

Highlights –

• Spotify – Kakao M’s license deal expires; major k-pop artists’ songs removed.
• Major South Korean artists’ including IU and Apink songs removed.
• Spotify is said to have faced heated competition agai...

S. KOREA’S MELON MUSIC EX-CEO SENTENCED TO 3 12 YEARS IN PRISON

Highlights –

• S. Korea’s Melon music ex-CEO sentenced to 3 1/2 years in prison.
• The ex-CEO is accused of cashing billions of royalties from musicians.
• The Seoul Eastern District Court also sentenced the company’s former vic...

U.S. Sales and Marketing BI Tools for Startup, Middle-Market (MM) and Large Enterprises (LE) Market

The growing awareness with regards to the capabilities and competencies of business intelligence (BI) tools across small and medium enterprises (SME) along with flexible and scalable pricing models offered by the vendors is driving the growth of

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...