Tag Archives: streaming services

Disney is expanding its investment into theme parks and cruises | CNN Business

Posted on September 20, 2023 by knjohn | Leave a comment

Disney is greatly expanding its investment into theme parks and cruises, the company said Tuesday.

Over the next 10 years, it will pour $60 billion into its Disney Parks, Experiences and Products segment, according to an SEC filing which coincided with its investor summit taking place this week. That’s about twice what it spent in the most recent 10-year period.

The investment comes at a time the company is facing revenue challenges in its streaming services, movie and television assets — almost everywhere but its international theme parks.

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Posted in News and Views

Tagged Disney, streaming services, theme parks

Netflix adds 8.8M subscribers despite growing competition | TechCrunch

Posted on January 22, 2020 by knjohn | Leave a comment

Netflix grew by 8.8 million net subscribers in the fourth quarter of 2019, according to its latest earning report, putting its growth well ahead of its forecast of 7.6 million.

The company says it has 167 million paid memberships worldwide, with more than 100 million outside the United States. It also reported stronger-than-expected financials, with revenue of $5.47 billion and earnings per share of $1.30, compared to analyst estimates of $5.45 billion and EPS of 53 cents.

That’s all despite the launch of two major streaming services, Disney+ and Apple TV+, with more competition coming this year from WarnerMedia’s HBOMax and NBCUniversal’s Peacock.

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Posted in News and Views

Tagged Apple TV, Disney, HBOMax, NBCUniversal’s Peacock, Netflix, streaming services, WarnerMedia’s

Album Sales Are Dying as Fast as Streaming Services Are Rising | Rolling Stone

Posted on January 4, 2019 by knjohn | Leave a comment

In 2018, Best Buy decided to stop selling CDs, with the change partly brought on by record labels’ increasing reluctance to even issue them. Both choices are symptoms as well as causes of a seemingly inevitable trend: Buying music is now going out of style nearly as fast as streaming music is rising.

In 2018, album sales fell 18.2 percent from the previous year and song sales fell 28.8 percent, according to U.S. year-end report figures from data company BuzzAngle, which tracks music consumption. Meanwhile, total on-demand music streams, including both audio and video, shot up 35.4 percent. Audio on-demand streams set a new record high in 2018 of 534.6 billion streams, which is up 42 percent from 2017’s 376.9 billion streams.

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Posted in Tools and Information

Tagged Album Sales, Best Buy, CDs, streaming services

Waze’s New Audio Player Aims to Make Your Commute More Bearable | Digital Trends

Posted on November 7, 2018 by knjohn | Leave a comment

Waze already offers Spotify integration but the popular navigation app has just announced the addition of more streaming services as part of the launch of a new audio player.

In a bid to make your commute a little more bearable, Waze is adding support for Pandora, Deezer, iHeartRadio, NPR One, Scribd, Stitcher, and TuneIn, giving you easy access to more music tracks, podcasts, audiobooks, radio shows, and news.