Wall Street Journal:
Netflix begins rolling out its Basic with Ads tier; sources say licensing negotiations with Disney, Comcast, Sony, Warner Bros., and Lions Gate are ongoing — Disney, NBCU and Sony are among the companies still negotiating licensing with the streaming service
Sarah Krouse / Wall Street Journal:
Bob Iger returns to a more competitive and challenging streaming landscape and should steer Disney+ to profitability without cannibalizing Disney’s other units — Incoming CEO championed Disney+, but needs to steer streaming business toward profitability without cannibalizing other Disney units
Wall Street Journal:
Sources: Disney explores a membership program similar to Amazon Prime, bundling streaming, theme parks, and merchandise, and adding commerce features to Disney+ — Entertainment giant looks to package streaming, parks and merchandise offerings together; aims to add commerce feature to Disney+
Bloomberg:
Despite pledges, FEC filings show AT&T, Amazon, Intel, Comcast, and others quietly restarted donations to Republican election deniers during the 2022 midterms — Some of the biggest technology and telecom companies jettisoned pledges made in the wake of the US Capitol assault and gave money …
Lauren Forristal / TechCrunch:
Disney hit 235.7M global streaming subscribers in its Q4, above Netflix’s 223.1M in its Q3; Disney+ had 164.2M subscribers, Hulu had 47.2M, and ESPN+ had 24.3M — Disney reported results for the final quarter of its 2022 fiscal year today, revealing a total of 164.2 million Disney+ global subscribers …
Charles Pulliam-Moore / The Verge:
Netflix says its Basic with Ads tier will cost $6.99 per month and launch on November 3, 2022 in 12 countries, including the US, Australia, Germany, and the UK — Starting in November, Netflix will finally roll out its new ad-supported tier for just a few bucks a month …
Jay Peters / The Verge:
Hands-on with Netflix’s Basic with Ads: while most shows have pre-roll ads, mid-roll ads are more unpredictable; many popular shows are locked to higher tiers — Clicking into something on Netflix’s new ads tier is a roll of the dice: you never know how many ads you might have to sit through.
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