Prices: Last News

potential sale of Redstone’s controlling stake in Paramount Global to the independent studio have failed, according to sources.The Paramount+ with Showtime plan will cost $12.99 a month, with a hike of $1, effective Aug. 20 for new users and Sept.

push to increase margins.The company raised prices of its individual plan to $11.99 from $10.99 per month, duo plan to $16.99 from $14.99 and its family plan to $19.99 from $16.99 in its largest market by revenue.Spotify has been trying to boost its margins in recent months by lowering marketing spending and through layoffs, after relying on promotions and hefty investments to drive user growth.Shares of the company, which competes with services from Apple and Amazon, rose more than 4%.“We’re increasing the price of Premium Individual so that we can continue to invest in and innovate on our product offerings and features,” Spotify said in an email, which it plans to send to its subscribers in the US over the next month.Spotify’s revenue in the US grew nearly 11% to 5.23 billion euros ($5.69 billion) in 2023, according to its annual report.The company offers an advertising-supported free service with limited features and a subscription-based paid service that gives access to all its functionality, with premium subscribers accounting for most of its revenue.Analysts expect the streaming giant could drive further growth by offering tailored subscription plans based on consumer preferences in verticals such as music, audiobooks and podcasts.The company’s quarterly gross profit topped 1 billion euros ($1.09 billion) for the first time in April after it reined in marketing spending.Its premium subscribers rose by 14% to 239 million and it forecast monthly active users at 631 million for the second quarter.

profitable major streamer, Netflix has resisted joining rivals like Walt Disney in hiking ad-free prices this year and instead curbed password-sharing outside households to tap the more than 100 million viewers who use its service without subscribing.“Netflix now closely resembles a utility in many markets,” analysts at Bernstein said. “The challenge of being labeled a utility is how a maturing company continues finding growth.”It could hike prices after the end of the Hollywood actors strike, a media report said earlier in October.Five months after calling a strike that plunged Hollywood into turmoil, the Writers Guild of America (WGA) last week approved a new contract with major studios.Netflix, however, has weathered the strike well thanks to its larger international presence and strong content slate.After a slow start for the ad plan launched last year, analysts said they expect Netflix will raise prices of its ad-free options in the coming months to nudge more subscribers to the other tier, where commercials help bring in more revenue per user.So far, most viewers subscribing to Netflix after the password crackdown have opted for the ad-free plans, analysts said.

ongoing Hollywood actors’ strike ends, the Wall Street Journal reported Tuesday.Netflix is discussing raising prices in several markets globally, but will likely begin with the United States and Canada, the WSJ reported, citing people familiar with the matter.It was not immediately clear how much Netflix will raise prices by or when exactly the new prices will take effect, according to the report.Netflix declined to comment on the report.Talks between the SAG-AFTRA actors’ union and the Alliance of Motion Picture and Television Producers (AMPTP), which represents the studios, are ongoing, with their next meeting scheduled on Wednesday.The writers’ union struck a tentative deal with the AMPTP last week after five months of failed negotiations.Netflix cut prices of its subscription plans in some countries in February.

“The Price Is Right” is to guess the price of household objects without going over.So, we have to ask.How much do you think the cheapest tickets are to see the live version of “The Price Is Right?”Would you guess $100?$75?If you guessed either of those numbers, it’s possible Drew Carey would have eliminated you.That’s because some prices are lower for this live, non-televised version of the show where the games and prizes are real.Randomly selected attendees will be given the opportunity to take part in classic games like Plinko, Cliffhangers, The Big Wheel as well as the main event: the fabulous Showcase all complete with a celebrity guest host.Best of all, the traveling game show will be stopping into Westbury, NY’s NYCB Theatre for two shows on Oct. 1 at 4 p.m, and 8 p.m.Four days later, “The Price Is Right Live” drops into Newark, NJ’s New Jersey Performing Arts Center on Oct.

maintain subscriber growth amid stiff competition from rivals and strained consumer spending.. The stock fell nearly 5%, underperforming the broader market and on course for its worst day in more than two months.The past year has seen intense competition in the streaming industry as a pandemic-driven boom fades and consumers curtail spending over fears of a possible recession, forcing companies to rethink their strategies.According to the Wall Street Journal, which reported the Netflix news first earlier in the day, the price cuts span across some Middle Eastern countries, sub-Saharan African markets and parts of Latin America and Asia.The cuts apply to certain tiers of Netflix in those markets and in some cases halving the cost of a subscription, the Journal reported.Netflix, which operates in over 190 countries, has been looking to grow share in newer international regions as the US and Canada markets saturate.