Disney, DirecTV reach deal, restoring programming for 11 million satellite TV viewers
By Dawn Chmielewski (Reuters) - Walt Disney and DirecTV announced they have reached an agreement in principle on Saturday, restoring college football and other programming to the satellite TV provider's more than 11 million subscribers. The deal affords satellite TV subscribers greater
Warner Bros Discovery writes down TV assets by $9 billion amid uncertainty over fees, sports rights renewals
By Harshita Mary Varghese and Akash Sriram (Reuters) - Warner Bros Discovery said on Wednesday it wrote down the value of its TV assets due to the uncertainty of fees from cable and satellite distributors and sports rights renewals, sending its
Streaming giants challenge new Canadian revenue-sharing rules
By Ismail Shakil OTTAWA (Reuters) - Global streaming companies said on Thursday they were challenging new Canadian rules that oblige them to help pay for local news, saying Canada's federal government had acted unreasonably and provided no legal basis for the
EU regulators assess Apple’s plan for complying with music streaming order
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are checking if an Apple proposal would comply with their order to let Spotify and other music streaming services inform users of payment options outside its App Store, the European Commission
Disney answers activists with gaming investment, ESPN streaming plans
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) - Walt Disney CEO Bob Iger hit back at activist investors on Wednesday with a slew of announcements, including a splashy investment in "Fortnite" maker Epic Games and plans to launch an
Disney, Fox, Warner Bros Discovery to create joint sports streaming platform
By Dawn Chmielewski (Reuters) - Fox Corp, Walt Disney's ESPN and Warner Bros Discovery said on Tuesday they will launch a sports streaming service later this autumn to capture younger viewers who are not tuned in to television. The media companies will
Netflix to end Kenyan free access plan after two years
Βy Duncan Miriri NAIROBI (Reuters) - Netflix said on Monday it is ending its free mobile plan in Kenya, which has allowed users to access a quarter of its shows and movies without paying over the past two years. It did not
LinkedIn to test ad product for video streaming services
By Jaspreet Singh (Reuters) - Microsoft Corp-owned LinkedIn said on Thursday it was working on a video advertising product that would allow marketers to target users of the professional networking site while they watch content on streaming services. This comes after LinkedIn
Disney shares slip as streaming losses narrow but some subscribers leave
A man looks at his phone as he passes by a screen advertising Walt Disney's streaming service Disney+ in New York City, U.S., November 12, 2019. REUTERS/Brendan McDermid By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) - Walt Disney Co reduced