Reeling from a calamitous drop in advertisement revenues and public trust, news media organizations are reworking strategies to create "niche" content.

Reeling from a calamitous drop in advertisement revenues and public trust, news media organizations are reworking strategies to create "niche" content.

It will acquire Comcast's US$8.6 billion stake in Hulu.

Netflix shares leapt more than 12 percent to $43.31 in after-market trades on the Nasdaq exchange. The streaming service said in an earnings report that its nascent ad-supported offering was gaining traction, with the number of users increasing nearly 70 percent over the quarter.

Disney+ finished the quarter with 146.1 million subscribers, compared with just shy of 158 million in the first three months of this year, the group said. All but a sliver of the loss in Disney+ subscribers took place in India, where the entertainment titan early this year lost rights to...

As growth at Netflix cooled last year, the Silicon Valley-based streaming giant set out to nudge people watching for free with shared passwords to begin paying for the service without alienating subscribers. The launch of an ad-subsidized offering around the same time as a crackdown on password sharing is no...

Analysts had foreseen an increase in subscribers for the period, but a hike in prices sent customers turning away from the platform that streams Marvel, Star Wars and Disney content across the globe. The contraction of the Disney Plus subscriber portfolio was mainly due to an 8 percent drop in...

Its consolidated revenues rise to US$3.53bn in Q1 of 2023.

The streaming television giant reported a quarterly profit of $1.3 billion, in line with expectations, but said it had delayed a broad crackdown on sharing of account passwords "to improve the experience for members." As growth at Netflix cooled last year, the Silicon Valley based streaming company focused on creating...

DUBAI, UAE -  UAE Ministry of Human Resources and Emiratization (MoHRE) announced that the Unemployment Insurance Scheme has exceeded one million subscribers since its launch in January 2023.The Unemployment Insurance Scheme covers employees in the federal government sector and the private sector, providing low-cost job security net that supports the...

Doha, Qatar--The Qatar Credit Bureau has disclosed that more than 33,000 credit reports were issued and more than 1,400 complaints were closed during the year 2022.Also read: Qatar’s economy remains strong despite global crisesThe center noted in a tweet about the performance of the electronic services portal during the past...

Although its subscriber base has swelled by 12 million users, Disney+ has seen its operating losses touch $1.47 billion for the July to September period. The number of people subscribing to Disney+ reached 164.2 million people, more than 161 million estimated by Factset, a data company.

The telecom company's net profit vaulted to $680.5m in Q3.

The company said it ended the third quarter with slightly more than 223 million subscribers worldwide, up some 2.4 million, after seeing subscriber ranks ebb during the first half of the year.

Netflix and Disney+ will launch an ad-supported subscription in the coming weeks thus biting into the revenue of traditional television channels as the streaming services look toward continued expansion. Netflix, after having long-shunned the notion of advertising on its platform, this year accelerated work on just such an offering.

A once market leader that everyone looked up to, OSN is now a paler version of its former glory. It is struggling to keep up with the competition from Netflix, Shahid, and Disney Plus.

Netflix reported losing subscribers for the second quarter in a row Tuesday as the streaming giant battles fierce competition and viewer belt-tightening, but the company assured investors of better days ahead.

Disney+ has finally unveiled an extensive sneak peek at the line-up for the Middle East and North Africa (MENA).

Streaming giant's profit grew 16 percent to $7.5 billion

Following the impressive performance, the UAE's leading telecommunications company said it will distribute interim dividends of 40 fils per share for the first-half of this year.