Nolte: Comcast Dumps Cratering MSNBC and Other Dying Cable Channels
With the inevitable death of cable TV accelerating, communications giant Comcast has decided to cut its losses and separate from MSNBC and other cable networks.
With the inevitable death of cable TV accelerating, communications giant Comcast has decided to cut its losses and separate from MSNBC and other cable networks.
Disney is so desperate to attract subscribers to Disney+ that the price has been slashed to just $1.99 a month.
Federal prosecutors have charged a North Carolina musician with wire fraud and money laundering for allegedly using bot accounts and hundreds of thousands of AI-generated songs to fraudulently earn over $10 million in royalties from streaming services like Spotify and Apple Music.
Pay TV lost 1.6 million subscribers in the second quarter of 2024, and “there doesn’t seem to be any reason for those losses to stop.”
Popular YouTuber and streamer Vitaly Zdorovetskiy, who in 2016 infamously streaked at the NBA Finals with “Trump sucks” written on his chest, announced, “I fully endorse Trump to be the next President of the United States” on Friday, and urged his followers to “Vote Trump.” Vitaly also commented that living in Los Angeles had “brainwashed” him into believing that former President Donald Trump was a “racist.”
As more and more major outlets have joined the streaming world, some subscription prices have doubled instead of decreased.
Venu is nothing less than a monopoly, a wolf in sheep’s clothing to force streaming outlets to recreate the horrors of the CSTV bundle, which means you and I pay for dozens of networks we never watch.
Warner Bros. Discovery announced its quarterly earnings — well, losses — to the tune of a $11.2 billion, with a “B,” loss.
Venu, the coming streaming sports package that combines ESPN, Fox, and Warner Bros. programming, will cost $42.99 per month.
As streaming subscriptions plateau and two to three million cancel their CSTV every year, things will only get worse for Hollywood.
Streaming bundles suck you in with a low price, and then one day you realize you are the slow-boiled frog paying $100 a month for content you hardly watch.
So now CNN is admitting it will try to survive with a subscription platform based on “lifestyle journalism,” which is just another way of saying, No one will pay for our political journalism, so let’s write about cooking and travel.
Paramount will soon begin selling off pieces of the studio and cutting $500 million in overhead, which means staffing cuts.
YouTube TV experienced its first-ever quarterly subscriber loss in what appears to be an ominous sign of increasing churn for the live TV streaming sector, according to a new report from analyst Craig Moffett.
Amazon Prime will be restoring the “Born to Kill” phrase on the main menu poster for Stanley Kubrick’s Full Metal Jacket.
The Oscar-nominated screenwriter of the movie “Philadelphia” is the latest Hollywood figure to sound the alarm on AI, while also warning about the dangers of soulless streaming algorithms.
The Canadian Radio, Television, and Telecommunications Commission (CRTC) on Tuesday announced that online streaming services such as Netflix, Hulu, and Amazon Prime will be required to “contribute” five percent of their Canadian revenue to funds for local broadcasting.
Nolte: Disney’s Lucasfilm Princess Kathleen Kennedy appears to already be blaming her next Star Wars flop on male Star Wars fans.
“CNN suffered its worst ratings among primetime viewers in the most coveted demographic by advertisers” since 1991, reports the New York Post.
Nolte: The Disney Grooming Syndicate has announced it will “reduce pretty dramatically” its investment in TV content.
My hope is that Bob Iger sincerely believes Disney’s descent into pure evil has nothing to do with this $4 billion loss. I don’t want Disney to right its ship. I want Disney to die.
This all grows out of streamers freaking over “churn.”
Netflix, Apple TV+, and Peacock will soon offer a streaming bundle. This comes after Disney announced a streaming bundle with Hulu and Max.
There’s a fascinating thread running through these quarterly reports from left-wing Hollywood. They all deliver good numbers (subscriber increases, etc.), but the stock still drops. Last week, it was the Disney Grooming Syndicate. This week it is AMC.
Rohan Reddy of Global X ETFs warns against buying Disney’s sinking stock, which is down primarily due to its failure with streaming.
“I think linear TV is kinda toast,” actor Edward Norton told CNBC Tuesday. He is absolutely right. Cable/satellite TV is doomed.
Comcast/NBC/Universal’s streaming service, Peacock, lost a whopping $639 million in the first three months of 2024.
A new phenomenon known as “serial churners” spells trouble for streaming services wherein people subscribe only temporarily.
Netflix’s decision to end its quarterly reporting of subscriber numbers tells me Netflix knows it has peaked.
The streaming giant Netflix has said it will stop reporting quarterly subscriber numbers with its 2025 earnings, instead focusing on other metrics.
Netflix, the only streamer making a profit, will reportedly no longer make lousy, super-expensive blockbusters or lousy “auteur” movies.
Major Hollywood studios are panicking as video piracy is once again on the rise, with the industry’s main lobbying organization demanding that Congress take action against piracy sites that are eating into studio profits at an ever-increasing rate.
Hollywood can produce all the crap it wants. But they can’t make us watch.
Hollywood’s streaming business is on the brink of catastrophe while price hikes continue to push more American subscribers away.
Only 34 percent of American adults prefer watching movies in a theater, compared to 66 percent who prefer watching them at home, according to a poll.
Antitrust experts are raising alarm bells as entertainment giant Disney aims to control over 80 percent of nationally broadcast sporting events through joint venture with Fox and Warner. The CEO of competing platform Fubo says that Disney “has consistently engaged in anticompetitive practices that aim to monopolize the market, stifle any form of competition, create higher pricing for subscribers and cheat consumers from deserved choice.”
What’s keeping Oscar-winner Daniel Day-Lewis in retirement is looking at 7,000 streaming choices and realizing none are worth a damn.
If you can’t hold the product or the title or the deed in your hand, it ain’t yours, and the fine print says they can take it away any time they want.
The Disney Grooming Syndicate is facing a “wave of subscriber cancellations” over Disney+ price increases.
FuboTV — the sports-oriented streaming service — is suing to stop Disney, Fox, and Warner Bros. Discovery from creating a rival service that would combine the three Hollywood studios’ formidable sports programming into one mega-streaming package.