Spotify Hits Record 678M Monthly Active Users in Q1 2025, Marking a 10% Surge
Spotify Technology S.A. reports a 10% increase in monthly active users, totaling 678 million in Q1 2025, showcasing its growing dominance in the streaming industry.
streaming service News
Netflix Sets Ambitious Goals: $1 Trillion Market Cap and Doubling Revenue by 2030
Netflix announces ambitious goals to achieve a $1 trillion market cap and double revenue by 2030, with plans to earn $9 billion from ads and increase subscribers to 410 million.
Apple TV+ Struggles: $1 Billion Annual Losses Revealed Amidst Growth
Apple TV+ is reportedly incurring $1 billion in annual losses despite a $5 billion investment in content and a growing subscriber base. Budget cuts and a $6.99 monthly fee highligh...
Trump Media Expands Reach: Truth+ Streaming Service Launches on Roku
Trump Media and Technology Group has launched its Truth+ streaming platform on Roku TVs, offering a new choice for non-woke TV and movies. The service aims to provide an alternativ...
CNN Embraces Digital Future: Launches Streaming Service and Announces Workforce Transformation
CNN announces a major shift towards digital and streaming services, cutting 200 traditional TV roles and investing in data scientists and product engineers to adapt to declining ca...
Major Studios Pull the Plug on Venu Sports Streaming Venture Amid Market Shifts
The Walt Disney Company, Fox Corporation, and Warner Bros. Discovery Inc. have decided to cancel the launch of the Venu sports streaming service, citing market changes and legal ch...
Disney CFO Foresees Streaming Service Price Hikes Ahead
Disney's CFO, Hugh Johnston, predicts that streaming service prices will increase in the future. He highlighted the transformative impact of Disney+ on the company's business model...
Disney CFO Forecasts Rising Streaming Service Prices
Disney CFO Hugh Johnston predicts an increase in streaming service pricing, highlighting Disney+'s transformation of the company from B2B to DTC. He also discusses ongoing cost-cut...
