by Virginia Anziano | Apr 5, 2023 | Content
Warner Bros. Discovery (WBD) has agreed to sell out news channel CNN Chile. The news was officially announced on April 5 through a joint press release issued by the audiovisual giant and the purchaser, a Chilean media businessman called Jorge Carey Carvallo who is...
Latin America:
Paramount+ launches plan exclusive to mobile devices in Mexico and Brazil
by Virginia Anziano | Mar 16, 2023 | OTT / VOD
In Mexico and Brazil, Paramount+ (Paramount) will begin to offer a new plan, which will be cheaper than the traditional tier, to be exclusively used on mobile devices. Called Básico, the plan will be ad-free and will be made available on April 18. The OTT is to launch...
Latin America:
HBO Max modifies tier system and ceases to offer Mobile plan
by Virginia Anziano | Feb 28, 2023 | OTT / VOD
Warner Bros. Discovery has decided to introduce some changes in its streaming service HBO Max in Latin America. The main change is related to the company’s tier system; in fact, a few days ago the audiovisual giant ceased to offer its lowest priced option, the Mobile...
Global:
Reed Hastings steps down as Netflix CEO
by Virginia Anziano | Jan 19, 2023 | OTT / VOD
While presenting its Q4 2022 financial results on January 19, Netflix announced that co-founder Reed Hastings was stepping down as CEO, but would go on serving as Executive Chairman. Hastings had been sharing the position with Ted Sarandos since mid-2020. From now on,...
Global:
Netflix falls short of ad-supported tier initial viewership targets and lets advertisers take money back
by Virginia Anziano | Dec 16, 2022 | OTT / VOD
The new low-priced ad-supported tier launched by Netflix last November has failed to come up to the viewership targets expected for the first stage, as a consequence of which the company has decided to allow advertisers to apply for reimbursement of the money paid for...