The FinTech Hub
Source: The Verge Apple TV Plus is losing more than $1 billion every year despite reaching 45 million subscribers in 2024, according to a report from The Information. It’s reportedly the only Apple subscription that isn’t generating a profit. As part of an effort to take “a harder line on spending,” Apple cut its initial…
Source: The Verge It’s not every day you see a tech executive lightly dunk on their competitors, but this week, Netflix’s co-CEO Ted Sarandos was feeling a little bold. In an interview with Variety, Sarandos touched on the Max versus HBO name change, sized up Prime Video as a competitor, and expressed confusion over Apple…
Source: The Verge Discord is bringing third-party ads to its mobile platform. The gaming-focused voice and chat app announced that a mobile pilot for Video Quests — ads that allow Discord users to earn rewards like avatar decorations and in-game items by watching a video — will launch in June 2025, after rolling out on…
Source: The Verge Netflix just announced Spirit Crossing during a press event at GDC 2025. Spirit Crossing represents a first for Netflix, becoming the service’s first MMO offering. It was developed by Spry Fox, one of Netflix’s in-house game studios, and will launch sometime later this year. Spirit Crossing is described in the press release…
Source: The Verge Plex is raising the price of its Plex Pass from $4.99 to $6.99 per month and gating a key feature behind the subscription. Starting April 29th, users who want to stream content from their media server outside their homes – and let other people access it for free – will need a…
Source: The Verge According to the Times report, Netflix secured the show by offering millions more than Amazon and promising Rinsch, whose only feature film is 47 Ronin, final cut. The fraud he’s being charged with came into play once he told Netflix he’d need an additional $11 million to finish the show, which was…
Source: The Verge Business is still booming for music streaming services, which crossed the 100 million US subscriber mark in 2024, according to the Record Industry Association of America’s (RIAA) latest revenue report. Overall sales were also bolstered by physical media, which is growing at a slightly faster rate than digital, thanks in large part…
Source: The Verge Warner Bros. Discovery has removed the entire lineup of classic Looney Tunes shorts (1930-1969) from its streaming service, Max. The company confirmed the move to Deadline, saying the streamer will prioritize adult and family programming, rather than content for kids. This comes after Warner Bros. Discovery yanked hundreds of Looney Tunes episodes…
Source: The Verge Netflix and other streaming platforms are stepping up efforts to sign YouTubers, which could mean big streaming deals for sports channel Dude Perfect or former NASA engineer Mark Rober, reports The Wall Street Journal. The Journal writes that streaming platforms’ creator-signing ambitions have “shifted into overdrive” in response to the success of…
Source: The Verge Hi, friends! Welcome to Installer No. 75, your guide to the best and Verge-iest stuff in the world. (If you’re new here, welcome, hope you have some time to kill this weekend, and also you can read all the old editions at the Installer homepage.) This week, I’ve been reading about Benson…
