Disney, the American media & entertainment conglomerate, announces a strategic ownership deal with Comcast to buy the stakes of Hulu, for a minimum of $27.5 billion in 2024. With this move, Comcast has become a silent investor and Disney now … Continue reading
Hulu, the American streaming service company acquires AT&T’s 10% (technically 9.5%) stake in the company over a deal of $1.43 billion. With this transaction, the unprofitable Hulu now values at $15 billion. As AT&T exits the board, Disney and Comcast … Continue reading
Global telecommunications conglomerate, Comcast is planning to launch its own video streaming platform for broadband-only customers. The video streaming app will allow users to aggregate certain streaming platforms, such as Amazon Video and Netflix. Comcast, the owner of NBCUniversal, is … Continue reading
According to reports, Comcast customers now can enjoy SVOD service Amazon Prime Video on Xfinity X1. Comcast, the American telecommunication conglomerate has come to an agreement with the OTT service provider that would enable Comcast customers to have an access … Continue reading
Comcast is all set to include a Netflix subscription to new and existing Xfinity cable packages. Comcast previously added Netflix to its set-top box, the Xfinity X1 in 2016, and then Netflix has added 4K video streaming services to the … Continue reading
Cinedigm Corp. is all set to unveil several business agreements with Chinese partners next week. The company, however, has not divulged any details about the companies, it will be partnering with.Cinedigm currently has four OTT channels. The company offers premium … Continue reading
Streaming giant Netflix plans to spend nearly $8 billion on programming especially in creating original content. Also, it plans to have 30 local language originals, up from 8 last year. The subscriber base of Netflix is growing by leaps and … Continue reading
While you read this piece of article and want to know the latest update about Net Neutrality, just for your information, 100 million people are binge-watching online videos at this moment, either by subscribing to OTT providers like Netflix, Amazon … Continue reading
Hulu, which started its video streaming service last year, has taken a major lead among virtual MVPD operators for local station sign-ups. Hulu announced that currently, it has deals to retransmit 521 local broadcast affiliates across the U.S. With the … Continue reading
With a humongous subscriber base and an impressive first quarter, Netflix is currently shining bright as its shares surged by 10%, setting a new record. As a result, the streaming giant’s market value stands at a whopping USD 110 billion. … Continue reading