Streaming service

In order to surpass Netflix in the battle for paying users, Disney will introduce a new ad-supported streaming service in the US in December. At the beginning of July, the company reported 221.1 million users across its three streaming channels. It narrowly edged out Netflix, which has been losing customers, in that position.
Disney overtakes Netflix in battle for subscribers

In order to surpass Netflix in the battle for paying users, Disney will introduce a…

In order to provide users with a less expensive membership option that includes advertisements, Netflix has partnered with Microsoft. The industry leader in streaming claims that the service will be a "addition" to its current subscriptions, which are free of advertisements. How much the business intends to charge customers for the new service is still a secret.
Microsoft partners with Netflix for cheaper plan supported by ads

In order to provide users with a less expensive membership option that includes advertisements, Netflix…

In order to completely integrate its platform, Anghami, an Arab competitor of Spotify's music streaming service, has purchased Spotlight, an events management firm with offices in Dubai.
Anghami acquires event-management company Spotlight tapping into virtual entertainment

In order to completely integrate its platform, Anghami, an Arab competitor of Spotify’s music streaming…

Netflix has announced another round of job cuts as it grapples with slowing growth and increased competition. The streaming giant said it was cutting 300 more jobs - roughly 4% of its workforce - mostly in the US, after axing 150 people in May. The moves come after the company reported its first subscriber loss in more than a decade in April.
Netflix lays off 300 more employees due to subscription decline

Netflix has announced another round of job cuts as it grapples with slowing growth and…

When Disney Plus’ ad-supported plan goes live later this year, it will reportedly run ads for four minutes on movies or shows that last an hour or less, according to reports from Variety and The Wall Street Journal.
Disney+ announces cheaper, ad-supported plan

When Disney Plus’ ad-supported plan goes live later this year, it will reportedly run ads…