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Disney now takes complete control of Hulu 15 May 2019

Disney, the American media & entertainment conglomerate, announces a strategic ownership deal with Comcast to buy the stakes of Hulu, for a minimum of $27.5 billion in 2024. With this move, Comcast has become a silent investor and Disney now takes full operational control of Hulu. Earlier, Hulu was jointly owned by 21st Century Fox, …

Hulu Buys Back AT&T’s 10% stake for $1.43 billion 16 April 2019

Hulu, the American streaming service company acquires AT&T’s 10% (technically 9.5%) stake in the company over a deal of $1.43 billion. With this transaction, the unprofitable Hulu now values at $15 billion. As AT&T exits the board, Disney and Comcast remain the sole owner of Hulu with 60% and 30% stakes respectively. Upon this acquisition, …

Comcast plans to roll out new video streaming platform for broadband-only customers 08 November 2018

Global telecommunications conglomerate, Comcast is planning to launch its own video streaming platform for broadband-only customers. The video streaming app will allow users to aggregate certain streaming platforms, such as Amazon Video and Netflix. Comcast, the owner of NBCUniversal, is planning to launch the new platform next year. The newly developed product is supposed to …

Comcast customers soon to have Prime Video access on Xfinity X1 03 August 2018

According to reports, Comcast customers now can enjoy SVOD service Amazon Prime Video on Xfinity X1. Comcast, the American telecommunication conglomerate has come to an agreement with the OTT service provider that would enable Comcast customers to have an access to the latter’s online video streaming platform. According to Comcast, this is the first time …

Comcast to offer Netflix content in bundle 17 April 2018

Comcast is all set to include a Netflix subscription to new and existing Xfinity cable packages. Comcast previously added Netflix to its set-top box, the Xfinity X1 in 2016, and then Netflix has added 4K video streaming services to the platform last year. Refusing to divulge the details how the subscriptions will be priced, the …

Cinedigm announces Chinese partnership ahead of Beijing Film Festival 11 April 2018

Cinedigm Corp. is all set to unveil several business agreements with Chinese partners next week. The company, however, has not divulged any details about the companies, it will be partnering with.Cinedigm currently has four OTT channels. The company offers premium feature films, and series to digital platforms such as iTunes, Netflix, and Amazon etc. It …

Netflix plans to spend $8 billion on original content to take on media giants 12 March 2018

Streaming giant Netflix plans to spend nearly $8 billion on programming especially in creating original content. Also, it plans to have 30 local language originals, up from 8 last year. The subscriber base of Netflix is growing by leaps and bounds with 18.5 million international subscribers added the video streaming platform’s kitty in 2017 itself. …

Live Streaming Services, Net Neutrality & What It Means For Your Customers 26 February 2018

While you read this piece of article and want to know the latest update about Net Neutrality, just for your information, 100 million people are binge-watching online videos at this moment, either by subscribing to OTT providers like Netflix, Amazon Prime etc. or live streaming their favorite sports or events on their smartphones. Now, just …

With 521 local stations, Hulu continues its lead among MVPDs 29 January 2018

Hulu, which started its video streaming service last year, has taken a major lead among virtual MVPD operators for local station sign-ups. Hulu announced that currently, it has deals to retransmit  521 local broadcast affiliates across the U.S. With the addition of more ABC and Fox affiliates this week, Hulu said it can now offer …

Netflix joins elite club as its market value reaches 12 digits 25 January 2018

With a humongous subscriber base and an impressive first quarter, Netflix is currently shining bright as its shares surged by 10%,  setting a new record. As a result, the streaming giant’s market value stands at a whopping USD 110 billion. According to another report, Netflix is now one of the 59 companies in the S&P …

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