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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How Netflix Can Regain Momentum
We’re now just a couple of weeks away from the second-quarter earnings reporting season. And if history is any guide, first out of the gate will be Netflix’s report on July 19, which is likely to be one of the most closely watched tech earnings updates of the quarter. Netflix’s first-quarter report, revealing a tiny drop in subscribers and forecasting a bigger one for the second quarter,...
Klarna to Raise Cash at $6.5 Billion Valuation in Dramatic Down Round
Amazon Secures UK Broadcast Rights for Lucrative European Soccer Games
China’s Tencent, ByteDance Implement New Round of Layoffs
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