A consortium led by China’s Tencent has agreed to buy 10% of the world’s biggest music company, Universal Music Group, from Vivendi after months of talks.
Browsing: Broadcasting and Media
Over the past 10 years, Netflix Inc. has led a revolution in the way the world consumes entertainment, and in doing so, it ruled over Wall Street.
The video entertainment industry’s struggle to adapt to the new terminology sparked a merger mania that has rapidly condensed the market for pay-television services into the hands of a powerful few.
Facebook is pursuing rights to music videos from major record labels, programming that could boost interest in its Watch video service, according to people familiar with the matter.
Comcast’s Sky dominated coverage of Europe’s top club soccer competition in Germany for the past two decades. Now the streamers are taking over.
YouTube has said it will take a “stronger stance against threats and personal attacks” by banning videos that “maliciously insult” people based on their race, gender expression or sexual orientation.
The streaming singularity has arrived, as the largest video service is making a show about the largest audio service.
The Internet Service Providers’ Association has criticised a proposal by the Law Reform Commission to require ISPs to block adult Web content, saying similar efforts have not worked elsewhere in the world.
The Irishman, the thee-and-a-half hour gangster epic that debuted on Netflix last week, was seen by 13.2 million US viewers over its first five days of release, a solid showing for a film on the streaming service.
The police have arrested an individual in Cape Town suspected of illegally selling pirate Internet streaming devices and online content subscriptions.