Tech

UPDATED: It’s the big launch day for Warner Bros. Discovery’s Max — and the newly revamped streaming service encountered some technical problems right off the bat. The company said the issues have been “minor” and were swiftly fixed. On Tuesday morning, subscribers took to social media to complain that they were having problems logging in
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Meta is offloading Giphy — which maintains the world’s biggest database of animated GIFs — to content marketplace company Shutterstock, taking a steep loss on the forced sale. Shutterstock is paying $53 million for Giphy. Three years ago, Meta (then Facebook) bought Giphy for $400 million. However, the U.K.’s Competition and Markets Authority (CMA) ruled
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It’s the beginning of the end for Showtime as a standalone brand. Paramount Global will launch the newly integrated Paramount+ With Showtime service in the U.S. on June 27, establishing it as the company’s top-tier streaming product. As previously announced, the Paramount+ With Showtime plan will cost $11.99 per month — up from $9.99/month, but
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Instagram has stopped working, as users worldwide took to other social media platforms on May 21 to complain that they can’t log in or use the photo app. “My Instagram,” “Y’all Instagram” and “My IG” were all quickly trending topics on Twitter after users realized the platform is down. Instagram has yet to comment through
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UPDATED: Disney’s content culling from Disney+ and Hulu is coming as early as next week — with the media company pulling off at least four dozen titles, including series “Willow,” “The Mysterious Benedict Society” and “Dollface,” and movies such as “The One and Only Ivan.” At the same time, CEO Bob Iger told investors last week
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Shares of Netflix jumped more than 10% Thursday on news that the streamer had signed up almost 5 million customers for its ad-supported plan within six months of launch and that more than 25% of new signups are on the advertising tier. At Netflix’s first-ever upfronts event Wednesday — held virtually — the company announced
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YouTube’s biggest ad innovation for 2023? It might be borrowing a well-worn page from old-fashioned linear TV. At the YouTube Brandcast upfront event Wednesday in New York, execs announced the introduction of 30-second unskippable ads in top-performing YouTube content on TVs — you know, just like the commercials that have run on broadcast and cable
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Additive Creative Partners, the digital-focused talent management arm of Brent Montgomery and Jimmy Kimmel’s Wheelhouse DNA, has signed nine top digital content creators as clients, including Lauren Kettering, Legit Tim, YouTube collective TKOR, James Wright and Carrie Berk. Wheelhouse DNA’s Additive launched last year out of Kimmel and Montgomery’s media company Wheelhouse, as the division
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China’s entertainment, social media and technology giant Tencent, renewed its profits growth in the first quarter of 2023, after reporting its first decline in 2022. And group revenue beat financial market estimates as China’s post-COVID reopening boosted economic activity. Overall revenues in the three months from January to March 2023 reached RMB150 billion ($21.4 billion),
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Weeks after the U.K.’s Competition & Markets Authority blocked Microsoft’s proposed $68.7 billion deal to buy video games giant Activision Blizzard, the European Commission (EC) has granted approval under the EU Merger Regulation. However, the approval, which arrived after an EC investigation, comes with conditions that require Microsoft to fully comply with specific commitments that
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Ilya Pozin made a bunch of money when Viacom bought Pluto TV, the free video-streaming company he co-founded, for $340 million four years ago. Since exiting Pluto about a year after that deal closed, Pozin has been working on another startup venture — one he thinks will be a much bigger deal. On Monday, Pozin’s
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