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YouTube is growing slower than expected. It is a warning to Amazon Prime and Netflix about demand for ad-supported content.
The post YouTube Results a Warning to Netflix and Amazon appeared first on 24/7 Wall St..

YouTube Results a Warning to Netflix and Amazon

Layoffs have hit Disney once again. On Wednesday, July 31st, Disney announced a massive round of layoffs. The cuts will affect roughly 140 employees – – or 2% of the company’s workforce – – across the television division according to Variety. The cuts will cut...

NEWS: Disney Lays Off Over 100 Television Division Employees

New York Post

Venu Sports, the streaming service formed by Fox, Disney and Warner Bros Discovery, will be priced at $42.99 when it launches in the fall, the company said Thursday.

The media companies announced the service in February to woo younger viewers who don’t have cable or those that have cut the cord, bundling 14 live sports channels with rights to the National Football League, Major League Baseball, the National Hockey League, college sports and the FIFA World Cup.

It’s “a single destination for watching many of the most sought-after games and events,” Venu CEO Pete Distad said in a statement. 



How to watch Sha’Carri Richardson...

Sports streaming bundle Venu will cost $43 a month as it woos younger viewers

New reports have emerged surrounding the future of Netflix and its business with subscribers in the United States and beyond. Netflix has long been a cornerstone of the entertainment industry, revolutionizing how people consume media. Founded in 1997, the company started as a DVD rental service before transitioning into the...

Official: Netflix Cancels U.S. Subscribers, Thousands Immediately Removed

Disney Entertainment Television (DET) is being hit with layoffs that will impact approximately 140 people (about 2% of the total workforce). With The Walt Disney Company CEO Bob Iger and his crew readying to roll out its fiscal third-quarter results to Wall Street, one major move is now confirmed to be underway – with Disney Entertainment Television (DET) being hit with layoffs – impacting approximately 140 people (or about 2% of the DET's total workforce). Though no teams have been eliminated, the areas that are suffering an impact are National Geographic, Freeform, ABC Owned Television Stations, Disney linear entertainment networks' operational side, Unscripted, Marketing, and Publicity. The move comes as Disney and other media companies look to financially course-correct some questionable decision-making streaming-wise in their efforts to be the next Netflix, with their efforts being further complicated by an across-the-board hit in terms of ad revenue. Today's layoffs are yet another headline in the company's continued efforts to reduce costs – efforts which began in earnest at the beginning of 2023, with the goal being a minimum of $7.5 billion in cost reductions.

Disney Entertainment Television Layoffs Hit Nat Geo, Freeform & More

Blanco, TX

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Brigid Pfeifer

There were a number of celebrities who passed away within the past week, including two notable actresses: Shelley Duvall and Shannen Doherty. Shelley Duvall passed away on Thursday July 11th at her home in Blanco, Texas. The cause of death was complications from diabetes and news of her death was confirmed by her partner Dan Gilroy.

Two Beloved Hollywood Actresses Have Passed Away This Week

Snopes

The rumor appeared to have originated from a website that clearly fabricates stories while also quoting a person that does not work on the show.

Fact Check: ABC Won't Renew 'The View' in 2025 Because of Declining Audience?

Deseret News

After building 100 homes for families in need, MrBeast is facing criticism

‘I’m not just gonna stand by and do nothing’: MrBeast addresses backlash for latest video

Total Apex Sports & Entertainment

Do you know any self-righteous person who rarely apologizes? We all have different weaknesses and offend others once in a while. However, some zodiac signs’ pettiness and insecurity hinder them from seeking forgiveness when they cross someone’s path. Instead, they try to prove that they were right when they did something.

3 Zodiac Signs That Don’t Apologize

To celebrate the announcement of Shrek 5 hitting theaters in 2025, Dunkin’ have launched an all-new donut collection themed around the movie franchise. The lineup includes six donuts featuring some of the iconic characters like Gingy, and the green ogre himself. The donut collection is available for purchase now,...

Dunkin’ unveils limited edition Shrek donut lineup

We are 32 weeks into 2024, and one movie has held a spot in Netflix’s top 10 movies chart since the start of the year; let’s just say, mama mia. Including new documentaries, Netflix has released 99 original movies on the streaming service this year alone. Some have been superb, like Adam Sandler’s Spaceman and Beverly Hills Cop: Axel F.

One movie has stayed in Netflix’s top 10 chart for all of 2024

An Olive Garden customer is going viral after revealing how to get some of the more expensive menu items at the chain for only $6.99, and people are obsessed. TikToker Lucie gained over 100,000 views after posting her video on the platform, where she revealed a new hack she’d discovered allowing her to get her favorites for cheap.

TikTok obsessed as Olive Garden customer gets whole meal for only $6.99

TheWrap

The offering is intended to diversify the platform’s podcast revenue stream while expanding the listener base 
The post SiriusXM to Launch Premium Podcast Subscription Through Apple appeared first on TheWrap.

SiriusXM to Launch Premium Podcast Subscription Through Apple

Every Year After adaptation promises to captivate audiences with a nostalgic romance, exploring themes of first love and second chances. Leila Gerstein's involvement as showrunner ensures a seamless transition of Every Summer After into a compelling television series on Prime Video. Carley Fortune's bestselling novel has garnered immense success, resonating...

This Canadian BookTok Sensation Is Heading to Prime Video

A horror series that’s currently streaming on Netflix combines samurai and zombies, and has been deemed “better than Game of Thrones.”. Game of Thrones was the biggest TV show on the planet for much of its eight seasons, while prequel series House of the Dragon is also currently posting huge numbers.

Netflix horror series “better than Game of Thrones” has fans terrified

The slowing subscriber count at Netflix matters to shareholders. The stock has underperformed the Nasdaq so far this year.
The post Netflix May Be in Trouble appeared first on 24/7 Wall St..

Netflix May Be in Trouble

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Lionsgate is launching 50 Cent Action, a free, ad-supported streaming television channel curated by the G-Unit rapper. 50 Cent partnered with Lionsgate to create his own free, ad-supported streaming television channel. The two sides announced the impending launch of 50 Cent Action, a FAST channel featuring his Power franchise and various action films.

50 Cent Says His Streaming Channel Will Have “Quality” Unlike Tubi

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The internet is still buzzing about the disturbing allegations against Ava Kris Tyson, particularly from prominent members of the streaming community. The longtime member of MrBeast's crew was accused of grooming an underage fan, exchanging inappropriate messages when Tyson was 20 and the fan was 13. The story really started picking up steam on July 22, and Tyson posted a response on July 23.

Ninja Gives Advice Amid Ava Kris Tyson Scandal

NewsBreak

Twitch viewership declines while Kick and YouTube see growth in 2024

Twitch’s dominance in the streaming world continues to slip as rival platforms Kick and YouTube are seeing significant growth in 2024, while Amazon-owned sites suffer a...

Twitch viewership declines while Kick and YouTube see growth in 2024

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