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Spotify posts 2022 loss even as paying subscribers pass 200 million

Revenue for the full year also slightly beat forecasts, coming in at 11.7 billion euros or a rise of 21 percent from a year earlier.

published on : 31st January 2023
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Media, entertainment sector likely to grow 12-14 per cent, touch Rs 1.6 lakh crore revenue in FY24

Digital has emerged as the medium of choice in the past few years amid accelerated adoption of over-the-top (OTT) platforms, online gaming, e-commerce, e-learning, and online news platforms.

published on : 3rd January 2023
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Musk warns Twitter's survival is at stake as staff quits

The developments were part of another whirlwind day in Musk's acquisition of the social media platform.

published on : 11th November 2022
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Twitter blues: User charges on account verification likely

According to media reports, Elon Musk-owned Twitter is planning to revise its user verification charges and it may cost $19.99 (R1,600) for the new Twitter Blue subscription.

published on : 1st November 2022
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Netflix subscriber numbers re-ignite after chilly start to year

"Well, thank God we're done with shrinking quarters," Netflix co-chief executive said during an earnings call.

published on : 19th October 2022
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Snapchat brings paid subscription service to India amid layoffs, poor growth

The company reported a net loss of USD 422 million compared to USD 152 million in the prior year as it "substantially" reduced hiring. Snap had earlier announced to slow down hiring this year.

published on : 10th August 2022
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Swedish audio streaming platform Spotify losses widen despite increase in subscription rate 

Spotify blamed the losses on higher staff costs after expanding its team and new acquisitions as it widens its reach into the world of podcasts.

published on : 8th August 2022
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LIC public issue subscribed fully on second-day bid

Policyholders’ portion receives highest bid, subscribed 3.11 times

published on : 6th May 2022
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Netflix aims to curtail password sharing - and bring in ads

The looming changes announced late Tuesday are designed to help Netflix regain the momentum it's lost over the past year.

published on : 20th April 2022
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Revolutionising breakfast

Here’s a zero-waste subscription-based cloud kitchen service that delivers a freshly blended fruity morning meal in a bottle   

published on : 5th March 2022
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Australia extends free FIFA World Cup airing till June 29

The Australian public broadcaster has said it will continue to air free the FIFA World Cup soccer matches to the end of the month.

published on : 21st June 2018
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Mobile subscriptions exceed subscribers

published on : 13th June 2018
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Dabur plans subscription-based model for ayurvedic medicines

In a subscription-based model, consumers receives products from a company at a regular interval.

published on : 26th September 2017