WarnerMedia plans to charge $9.99 a month for the ad-supported version of HBO Max, scheduled to debut in June, according to CNBC. That is $5 a month less than the existing ad-free version of HBO Max. But it will be the most expensive ad-supported offering on the market, and even pricier than ad-free services like Disney+. But WarnerMedia believes that people will be willing to pay a premium...
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TV’s Bleak Advertising Picture, By the Numbers
It must be galling to be a TV executive nowadays. Over the past few weeks, they’ve had to watch a parade of tech companies reporting ad revenue up 30%-75% for the quarter. Now it’s the media companies’ turn—and their numbers haven’t been quite as bountiful. Most so far have reported little or no real growth.Take ViacomCBS, which today reported 25% higher ad revenue. That sounds pretty healthy—...
Amazon Delivery Van Drivers Pushed to Drive Recklessly to Meet Quotas
Bill.com to Acquire Fintech Startup Divvy for $2.5 Billion
Ex-Amazon Exec Jeff Blackburn Leaves Bessemer
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