Category: Streaming

Disney streaming exec Kevin Mayer becomes TikTok’s new CEO
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Disney streaming exec Kevin Mayer becomes TikTok’s new CEO

Kevin Mayer, head of The Walt Disney Company’s direct-to-consumer and international business, is departing to become CEO of TikTok, as well as COO of the popular video app’s parent company ByteDance. Founder Yiming Zhang will continue to serve as ByteDance CEO, while TikTok President Alex Zhu (formerly the co-founder of the predecessor app Musical.ly) becomes…

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Taiwan-based live streaming company M17 raises $26.5 million Series D led by Vertex Growth
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Taiwan-based live streaming company M17 raises $26.5 million Series D led by Vertex Growth

M17, the Taiwan-based live streaming entertainment startup, announced that it has raised a $26.5 million Series D. The round was led by Vertex Growth Fund, with participation from Stonebridge Korea Unicorn Venture Fund, Innoven Capital Singapore, Kaga Electronics and ASE Global Group. The new funding will be used for growth in Japan, one of M17’s…

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Streaming service Hooq shuts down, ends partnership with Disney’s Hotstar, Grab and others
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Streaming service Hooq shuts down, ends partnership with Disney’s Hotstar, Grab and others

Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after filing for liquidation and terminated its partnerships with Disney’s Hotstar, ride-hailing giant Grab, and Indonesia’s VideoMax. Hooq Digital, a joint venture among Singapore telecom group Singtel (majority owner), Sony Pictures, and Warner Bros Entertainment, discontinued…

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Filipino live streaming app Kumu raises $5 million Series A led by Openspace Ventures
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Filipino live streaming app Kumu raises $5 million Series A led by Openspace Ventures

Kumu Holdings, a live streaming startup based in the Philippines, announced today it has raised about $5 million in Series A funding, earmarked for new features and growing its operations. The round was led by Openspace Ventures, an early investor in Go-Jek, with participation from Kickstart Ventures, media conglomerate ABS-CBN, Gobi-Core Philippine Fund, and returning…

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Now streaming on Hotstar in India: Disney+
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Now streaming on Hotstar in India: Disney+

Disney+ has arrived in India — weeks ahead of its scheduled launch date. The American giant revamped Hotstar app and populated the on-demand video streaming service with Disney+ original catalog on Wednesday morning (local time). Unlike in most other markets such as the U.S., Canada, and Australia; in India, Disney is launching Disney+ through an existing…

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NBCU’s streaming service Peacock launches April 15 for Comcast subscribers, everyone else on July 15
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NBCU’s streaming service Peacock launches April 15 for Comcast subscribers, everyone else on July 15

NBCUniversal officially unveiled its new streaming service, Peacock, today, announcing that the service will be available at no additional cost for Comcast’s Xfinity X1 and Flex customers on April 15, before launching nationally on July 15. The company had announced its plans to enter the streaming market a year ago, describing it as an ad-supported, subscription…

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The streaming wars to come
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The streaming wars to come

Netflix vs. Disney vs. everyone else After years of speculation and hype, major players in Hollywood and Silicon Valley are getting ready to challenge Netflix. It’s only been a few months since Apple launched TV+, followed quickly by Disney launching Disney+. And there’s more to come this year, with AT&T-owned WarnerMedia preparing to release HBO…

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