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SAN FRANCISCO, Nov 1, 2023 (AFP) – The Walt Disney Company on Wednesday announced it will buy Comcast’s $8.6 billion stake in Hulu, completing its takeover of the streaming service. The acquisition will “further Disney’s streaming objectives,” the company said in a press release, and comes as it strives to boost subscriber numbers at its Disney+ streaming service. The deal values Hulu at $27.5 billion in total, according to Disney, which said the transaction will […]
by Claire LEE Agence France-Presse SEOUL, South Korea (AFP) — Netflix will invest $2.5 billion in South Korean content over the next four years, the streaming giant’s CEO Ted Sarandos announced after meeting with the country’s President Yoon Suk Yeol in Washington. South Korea has cemented its status as a global cultural powerhouse in recent years, thanks in part to the explosive success of the Oscar-winning film “Parasite” and the hit Netflix series “Squid Game”. […]
by Carole GUIRADO Agence France-Presse PARIS, France (AFP) — Actor Vincent Cassel is set to dominate big and small screens this year, appearing in two blockbuster French films and a new spy thriller on Apple TV. “Liaison” pairs Cassel with another major French export, Eva Green, as former lovers forced to work together to stop a series of major cyber-attacks. The 56-year-old star of “Black Swan” is not coy about why he chose to work […]
by Thomas URBAIN Agence France Presse NEW YORK, United States (AFP) — Having lost subscribers for the first time in more than a decade, Netflix faces the new challenge of stagnation from a position of strength. A drop of just 200,000 users — less than 0.1 percent of its total customer base — was enough to send Wall Street panicking, with shares plunging more than 30 percent on Wednesday. The loss of subscribers and […]
Eagle News — Now premiering LIVE on YouTube, the much anticipated international release of EBC Films’ “GUERRERO DOS Tuloy Ang Laban.” Click here to join the watch party! The story continues right after “Guerrero.” **WARNING SPOILERS AHEAD!** If you haven’t seen the first Guerrero movie, you can watch it by clicking here. GUERRERO DOS takes place right after Ramon was tragically knocked-out in boxing that put him in a coma (see, spoiler), Miguel realizes at […]
NEW YORK, United States (AFP) — The US music industry posted its third straight year of double-digit growth in 2018 thanks to continued surges in streaming, an industry tracker said Thursday. Revenues from recorded music jumped 12 percent to $9.8 billion in estimated retail value, according to the Recording Industry Association of America, with 75 percent of revenues coming from streaming. The RIAA said paid subscriptions of streaming services like Spotify and Tidal soared to […]
NEW YORK, United States (AFP) — YouTube said Tuesday that it had sealed a licensing agreement with the world’s largest music label conglomerate Universal as the video behemoth explores creating a new streaming service. YouTube, which is part of Google, said it reached a long-term agreement with the Universal Music Group, months after a deal with competitor Warner Music. A joint statement did not specify the terms but hinted that the agreement would address compensation by YouTube, […]
NEW YORK, United States (AFP) — Spotify said Monday that it had 60 million paying subscribers, expanding its lead in the fast-growing world of music streaming. The Swedish company has more than double the base of nearest competitor Apple Music, which in early June said it had 27 million subscribers. Apple Music, however, achieved its growth rapidly as it was launched only two years ago by the tech giant. Spotify — started in 2008 and […]
by Shaun TANDON Agence France-Presse NEW YORK, United States (AFP) — Streaming is making it quicker not only to play music. A new study finds that pop songs themselves are getting faster as listeners’ attention spans diminish. Instrumental openings to songs have shrunk dramatically over the past three decades and, to a lesser extent, the average tempo of hit singles has been speeding up, the research found. Hubert Leveille Gauvin, a doctoral student in music […]
NEW YORK, United States (AFP) — Spotify has extended its lead as the world’s largest streaming company as it announced Thursday that it had 50 million paying subscribers. The Swedish company posted the figure on Twitter. Apple Music, its closest competitor, said in December that it had 20 million subscribers. The update was the first from privately held Spotify since September. Spotify said in June that it had a total of 100 million users, including […]
SAN FRANCISCO, United States (AFP) — YouTube on Tuesday began letting popular online video personalities broadcast on the go using mobile devices, ramping up a challenge to Facebook and Twitter in the live-streaming arena. Google-owned YouTube has supported live streaming of video through computers for about six years, even broadcasting US presidential debates online. The new mobile live streaming feature allows YouTube content creators whose channels have more than 10,000 subscribers to broadcast through apps […]
SAN FRANCISCO, United States (AFP) — Facebook on Monday began testing a live audio streaming service that will let people essentially broadcast radio-style on the leading online social network. Partners working with Facebook to test “Live Audio” included BBC World Service, book publisher HarperCollins, British talk radio station LBC, and authors Adam Grant and Brit Bennett. The new feature comes as an alternative to a Facebook tool that lets people stream live video at the […]
