A study by Juniper Research, experts in the fintech and payments markets, forecasts that the global number of digital video subscriptions will grow by 14 per cent over the next five years; rising from 3.1 billion in 2024 to 3.5 billion in 2028. This slow growth can be attributed to subscription fatigue in developed markets. […]
Love Stories TV expands its Podcast Network with the addition of The Bouquet Toss, a dynamic wedding planning show now enhanced with video content, thanks to its partnership with Love Stories TV. Originally launched with five successful seasons in audio format, The Bouquet Toss: A Wedding Planning Podcast brings its wealth of insightful episodes to […]
Streaming services have become a central hub of entertainment and education for students worldwide. As these platforms diversify their offerings, they cater not only to leisure but also to the academic needs of students, providing access to a wide array of content that can enhance both their learning experience and downtime. For students, choosing the […]
YouTube is now the #1 platform and #2 media company in the US on Nielsen’s gauge of TV consumption. But even these bright numbers don’t do justice to YouTube’s growing importance in the entertainment ecosystem. Hub’s semi-annual Battle Royale survey captures which entertainment platforms and subscriptions each respondent uses, across categories: premium video, gaming, music, […]
Spotify, the music streaming platform, has announced record profits of over €1 billion, after a year of cost-cutting measures and trimming staff. The Sweden-based company has been growing its user base steadily for years, but its quarterly gross profit came at the expense of missing its forecast for monthly active users. The company has a […]
Following the continued success of AEW Unrestricted and multiple talent-hosted podcasts, AEW’s resident gamers Evil Uno and Adam Cole – known within the gaming community as TheCHUGS – have announced the launch of the All Elite Arcade podcast, which will cover reviews and games they are currently playing, as well as gaming industry news. The […]
The European Commission (EC) has fined Apple over €1.8 billion for abusing its dominant position on the market for the distribution of music streaming apps to iPhone and iPad users through its App Store. In particular, the Commission found that Apple applied restrictions on app developers preventing them from informing iOS users about alternative and […]
Moonbug Entertainment, a part of Candle Media, has announced the appointment of Courtney Holt as the company’s first Global Head of Music and Strategic Audio Initiatives. As part of his role, Holt will foster the growth of Moonbug’s music label through strategic partner alliances and strengthening relationships with established and emerging artists. Holt will also […]
In a study of 100 popular apps, research from cybersecurity company Surfshark highlights entertainment apps, particularly Spotify and SoundCloud, share data with third parties the most, while YouTube collects significant amounts of user data. Out of the 10 analysed entertainment apps, almost half track some of the data points collected across platforms. Research is aided […]
Music-streaming service Spotify has announced it is cutting 17 per cent of its workforce, approximately 1,500 staff, in a cost-cutting measure. Chief executive Daniel Ek said “substantial action to rightsize our costs” was needed for the Sweden-based company to meet its objectives. “I recognise this will impact a number of individuals who have made valuable […]