Tag: entertainment

Paramount+ will launch a $4.99 monthly ad-supported subscription

If you didn’t want to shell out $9.99 per month to watch the meme-worthy iCarly reboot, now you won’t have to. On Monday, Paramount+ will launch its ad-supported Essential Plan, priced at $4.99 per month. This less-expensive plan will replace the CBS All Access plan, which included commercials, but also…

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Amazon is buying MGM Studios for $8.45B

The big media consolidation continues — day after rumors swirled around Amazon’s acquisition of MGM, the online massive retailer confirmed today that it will be acquiring the nearly 100-year-old studio for a cool $8.45 billion. The deal is another big step toward bolster Amazon’s fight in the streaming wars, with…

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Call it a comeback: Turntable.fm raises $7.5M

Earlier this year, Turntable.fm’s founder Billy Chasen dusted off the old site and resurrected it for the pandemic age. I know I wasn’t the only one feeling a wistful pang of nostalgia for the service during the long, dull days of sheltering in place. And while March 2020 would have…

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Amazon launches miniTV, a free video streaming service, in India

Amazon, which already charges some of the world’s lowest fees for Prime Video in India, is going a step further to win more users in the world’s second largest internet market. The e-commerce giant on Saturday launched miniTV, an ad-supported video streaming service that is available within the Amazon shopping app…

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Serial fiction app Radish acquired by Kakao Entertainment for $440M

Serialized fiction app Radish will be acquired by Kakao Entertainment in a transaction valued at $440 million. Kakao Entertainment is owned by Kakao, the South Korean internet giant whose services include its eponymous messaging platform. Radish founder Seungyoon Lee will hold onto his role as its chief executive officer, while…

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What the MasterClass effect means for edtech

MasterClass, which sells a subscription to celebrity-taught classes, sits on the cusp of entertainment and education. It offers virtual, yet aspirational learning: an online tennis class with Serena Williams, a cooking session with Gordon Ramsay. While there’s the off chance that an instructor might actually talk to you — it…

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