Roku is coming off a monster quarter for sales of connected TV devices that run on its platform, and the company is extending its lead over competitors in the space.
Source: Roku accounted for 30% of all connected TV device sales in U.S. in Q1 – report
In Nielsen’s Mid-Year Music report for 2019, music streaming rose to over 507 billion streams, and movies and documentaries led to more catalog consumption.
Source: Nielsen: Streaming Reaches Over Half a Trillion Streams & Box Office Success Drives Music Sales
Guggenheim analysts believe Spotify’s big bet on podcasts and original episodic content is going to pay off in the form of tons of advertising revenue.
Source: Guggenheim Partners Says Spotify’s $500M Bet on Podcasts Will Pay Off
The “Trump bump” that helped the news industry through tough times is not sustainable. Interest in political coverage overall is down, which is spurring investments in other beats, like technology and the global economy.
Source: Media companies are hitting a “Trump slump” with the president’s shock factor wearing off
Facebook’s fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant’s Libra project.
Source: U.K.
After years of streaming domination, Netflix finds itself in a war for subscriptions, and music may have the answer.
A little over a month after taking 100% control of Hulu in a $5.8 billion deal with Comcast, Disney is beginning to reveal its plans for the streamer’s future.
Kanopy suffered a blow with the decision by New York City’s three public library systems citing high costs of offering the free movie-streaming service to patrons.
Source: New York City Public Libraries Drop Kanopy Free Movie-Streaming Service
The streaming giant has a number of games in the works for its original content.
Publishers have been playing more with Twitch, as the Amazon-owned live video platform grows its sales team.
Source: Twitch is emerging as a favorite new platform for publishers – Digiday
Spotify’s launching a new playlist called Your Daily Drive that will incorporate news podcasts.
Source: Spotify mimics the radio with a news and music playlist for drivers
A Swedish data authority is probing Spotify’s handling of customer information amid new policies enacted by the GDPR. Spotify has until July 1 to respond.
Source: Spotify Is Under Investigation by Swedish Authorities For GDPR Violations
Judges on a federal appeals court on Thursday grilled the Department of Justice (DOJ) over its challenge to a lower court decision blessing the AT&T-Time Warner merger.
Source: Judges grill DOJ over challenge to AT&T-Time Warner merger
Netflix and Amazon view Europe as a key battleground, but a new local quota and pushback from traditional broadcasters present challenges.
Source: Netflix, Amazon Face New Parameters and Challenges in Europe
