YouTube has cancelled plans for high-end dramas and comedies, people with knowledge of the matter said, a pullback from its grand ambitions for a paid service with Hollywood-quality shows.
Social media platforms including Facebook are facing harsher scrutiny after a shooter accused of killing 49 people in two mosques in New Zealand live-streamed the murders over the Internet.
Paid music streaming looks set to overtake free services for the first time later this year, as more people opt to pay for the likes of Spotify and Apple Music.
Streaming services pose a significant threat to MultiChoice’s future growth potential, but they are by no means the only risks exercising the minds of the pay-television operator’s management team.
Meghan Young is a professional Instagram star. She gets paid to climb beautiful mountains, photograph their glittering summits and post about her adventures to her fans.