Bloomberg Intelligence looks into how much money the biggest tech firms are spending on content for their video streaming services. The post Report: Amazon will spend $15bn on video programming in 2022 appeared first on Music Ally. Source: Music ally

November this year is New Consoles Month, with Microsoft’s Xbox Series X and Series S plus Sony’s PlayStation 5 making their debuts. While games are the focus, music and video streaming will also be part of the packages. Sony revealed some of its plans yesterday: at launch the PS5 will have apps for Apple TV, Disney+, […]

Streaming being the primary focus for record labels is nothing new in our industry, but in Hollywood it’s still a major talking point. Witness Disney’s announcement yesterday that the company is having a strategic reorganisation of its media and entertainment businesses “designed to further accelerate the company’s direct-to-consumer strategy, in light of the rapid success of Disney+”. […]

We like to keep an eye on subscription-based entertainment businesses outside music, and yesterday two big companies’ financial results offered us some new data to consider. Sony Corporation’s results included the announcement that there are now 44.9 million people paying for the PlayStation Plus service, up from 41.5 million a quarter ago. PS Plus costs $9.99 a […]

It took Spotify eight and a half years to sign up 50 million subscribers; it has taken Disney+ five months. And yes, that’s an unfair, apples to oranges comparison in terms of different kinds of services at different times. It’s just to show the startling scale of the initial growth of Disney’s video-streaming service. Launched in the […]

In its last financial earnings call, Disney said that it ended 2019 with 26.5 million paid subscribers for its Disney+ video streaming service, representing a very strong start in the US. Now, ahead of its rollout in Europe, Variety has some new stats that point even more towards Disney+ being a huge hit back home. “Approximately 50% of American […]

What qualifies as a successful launch for a new video-streaming service? How about 10m signups by your second day? That’s the number being touted by Disney yesterday for its Disney+ service, which launched on Tuesday. The announcement helped Disney’s stock shoot up by nearly 7.4%, adding more than $13bn to its market cap, according to CNBC. […]

Last week we noted the announcement of a March 2020 launch date for Disney’s new video-streaming service Disney+ in the UK, France, Germany, Italy and Spain, but there’s more to say about this. Particularly relating to the service’s launch date in the US, Canada, the Netherlands, Australia and New Zealand this month. That means a four-and-a-half months […]

A whole new world! You’ve got a friend in me! Under the sea! Can you feel the love tonight?! LET IT GOOOOOOO….. Okay, having dealt with your earworms for the rest of the week, we’ll get to the actual news here: Spotify has launched a dedicated Disney hub on its service in certain countries. It’ll feature playlists […]

In the music industry, we’re now fairly comfortable with the fact that every major streaming service has pretty much all the recorded music: exclusives are increasingly rare. In the streaming-video world, of course, it’s a very different story: Netflix, Amazon, Hulu and other services have access to different portions of the catalogue of TV shows […]