Category: Media

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July 17, 2019

Netflix will roll out a lower-priced subscription plan in India

Netflix said on Wednesday that it will roll out a cheaper subscription plan in India, one of the last great growth markets for global companies, as the streaming giant scrambles to find ways to accelerate its slowing growth worldwide. The company added 2.7 million new...


by Manish Singh in Amazon
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July 10, 2019

Snapchat announces new shows from Serena Williams, Arnold Schwarzenegger and others

Snapchat just announced that it’s making shows with big names like Serena Williams, Arnold Schwarzenegger and Kevin Hart, as well as online stars like Emma Chamberlain, Loren Gray, Rickey Thompson, Baby Ariel and FaZe Banks. Snapchat launched its original content efforts two years ago, and...


by Anthony Ha in Media
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July 9, 2019

Facebook will start taking a cut of fan subscriptions in 2020

Facebook will take a cut of up to 30% on fan subscriptions, beginning on January 1, 2020. The social network is revealing its plans as part of a broader slate of monetization-related announcements this week at VidCon. The news confirms a TechCrunch report earlier this year...


by Anthony Ha in Facebook
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July 4, 2019

UnitedMasters releases iPhone app for DIY cross-service music distribution

Alphabet-backed UnitedMasters, the music label distribution startup and record label alternative that offers artists 100% ownership of everything they create, launched its iPhone app today. The iPhone app works like the service they used to offer, only via the web, giving artists the chance to...


by Darrell Etherington in 20th Century Fox
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July 4, 2019

HQ Trivia lays off ~20% as it preps subscriptions

HQ Trivia is struggling after a mutiny failed to oust its CEO. Downloads per month are down 92% versus last June according to Sensor Tower. And now four sources confirm that HQ laid off staff members this week. One said about 20% of staff was...


by Josh Constine in Apps
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June 26, 2019

Facebook squeezes money from Instagram with new ads in Explore

Half of Instagram’s billion-plus users open its Explore tab each month to find fresh content and creators. Now the Facebook-owned app will do more to carry its weight by injecting ads into Instagram Explore for the first time. But rather than bombard users with marketing...


by Ingrid Lunden in Advertising Tech
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June 26, 2019

300M-user meme site Imgur raises $20M from Coil to pay creators

Meme creators have never gotten their fair share. Remixed and reshared across the web, their jokes prop up social networks like Instagram and Twitter that pay back none of their ad revenue to artists and comedians. But 300 million monthly user meme and storytelling app...


by Josh Constine in alan schaaf
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June 26, 2019

India’s Unacademy raises $50 million to grow its online learning platform

Big money continues to flow in India’s growing education market. Bangalore-based Unacademy, which operates an online learning platform to help millions prepare for competitive exams in India, has raised $50 million to further scale its reach. The Series D financing round was led by Steadview...


by Manish Singh in Apps
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May 30, 2019

Alibaba pumps $100 million into Vmate to grow its video app in India

Chinese tech giant Alibaba is doubling down on India’s burgeoning video market, looking to fight back local rival ByteDance, Google, and Disney to gain its foothold in the nation. The company said today that it is pumping $100 million into Vmate, a three-year-old social video...


by Manish Singh in alibaba
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May 21, 2019

ByteDance, TikTok’s parent company, plans to launch a free music streaming app

Does the overcrowded and cut-throat music streaming business have room for an additional player? The world’s most valuable startup certainly thinks so. Chinese conglomerate ByteDance, valued at over $75 billion, is working on a music streaming service, two sources familiar with the matter told TechCrunch....


by Manish Singh in Apple