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...On Tuesday, three titans — Disney, Warner Brothers Discovery and Fox — announced yet another streaming service. The trio will provide their live sports content via one streaming platform....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a new streaming service later this year that will aggregate all of the sports broadcasts offered by their traditional TV networks....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a new sports streaming service later this year that will aggregate all of the games offered by their traditional TV networks....
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...Disney is also forming a new sports streaming service with Fox and Warner Bros Discovery. Another crucial task is to improve performance at Disney’s studios, including Marvel and Pixar....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a sports streaming service later this year that will aggregate the games offered by the media groups’ traditional television networks....
...Disney’s direct-to-consumer unit, which includes streaming service Disney+, is still reporting large operating losses....
...Losses at its streaming services, which include Disney+, Hulu and ESPN+, fell by $300mn compared to the previous quarter thanks to price increases and higher advertising revenue....
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...So Disney has, is still reporting an operating loss for its streaming services. And although it’s growing, it’s not growing at the same sort of pace....
...Iger has acknowledged that Disney’s studios “lost focus” as the company raced to build its streaming business and has vowed to emphasise “quality over quantity”....
...Apple will raise the monthly cost of its TV+ service and other entertainment products by as much as 40 per cent, joining Netflix and Disney in increasing streaming prices....
...Mentioned in this podcast: Volodymyr Zelenskyy dismisses Ukraine’s ‘iron general’ Visual analysis: Gaza’s last refuge becomes Israel’s next target Disney, Fox and Warner sports streaming platform foreshadows...
...It lost more than $1.6bn from its streaming businesses in the first nine months of 2023, during which its Disney+ service gained 8mn subscribers....
...While Disney kept the broadcast TV rights, the streaming rights went to JioCinema — a joint venture between Reliance Industries and Viacom18, run by James Murdoch and former Disney India chief Uday Shankar...
...Netflix’s crackdown on password sharing helped the streaming service blow past Wall Street’s earnings forecasts, but its shares fell after it said it planned to stop regularly disclosing its subscriber numbers...
...Instead it has pursued an “arms dealer” approach that allows it to sell content to various streaming services....
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...The 81-year-old billionaire had called on Disney to cut costs and achieve “Netflix-like” profit margins in its streaming business, while criticising its “woke” movie strategy, telling the Financial Times...
...“It’s not the billions that the streaming services are spending on their tech, but for us it’s a material amount of money,” he said in an interview with the FT....
...Spotify and Netflix, the pioneers of streaming for music and television, respectively, have entered a more mature phase for their businesses....
...Trian also recommended that Disney+ and Hulu be fully consolidated and said it was “sceptical” of ESPN’s viability as a standalone streaming platform....
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