P+ Measurement Services, a leading media intelligence consultancy, has analysed the Nigerian media sector, which is experiencing rapid growth and facing strong competition as it continues to evolve for top media performers in the Nigerian subscription-based streaming services, telecommunications, and…
Disney+ streaming service loses 4m subscribers in 1st quarter
Disney says its flagship streaming service lost 4m subscribers in the first three months of the year amid a wider cost-cutting drive. At the same time the Disney+ platform narrowed its losses by $400m (£316.5m). The home of Mickey Mouse,…
Netflix is shutting down its DVD business
Netflix’s famous red envelopes are headed to the recycling bin of history. The company announced the shutdown of the DVD-by-mail business Tuesday ahead of its first-quarter 2023 earnings report. Since 1998, according to the company, it has mailed out more…
Warner Bros Discovery abandons plan to fully merge HBO Max with Discovery+
Warner Bros Discovery has ditched plans for a 100% merge streaming services HBO Max and Discovery+, according to the Wall Street Journal. In a report this morning citing unidentified insiders, the news outlet said the decision came after research suggested…
