Entries from 2023-02-01 to 1 month

Roku Stock Surges Despite Losses

Despite ballooning operating losses, Roku saw a significant upswing in its after-hours trading last week as subscriber gains and better-than-anticipated revenue boosts. Brandon Blake, our entertainment attorney on the ground from Blake & W…

Digging Deeper into the Disney+ Subscriber Loss

Usually a 2.4M subscriber loss would be headline news. With the concurrent announcement of (another) major restructure at Disney, however, this one has slid under the radar a little. Entertainment attorney Brandon Blake, at Blake & Wang P.…

Peacock Axes Free Tier

On the heels of a really messy balance sheet, with over $2.5B lost in 2022, and with up to a further $3B expected in losses for 2023, it seems Peacock is finally trying to stabilize the ship. New subscribers will no longer have the option …

Peacock Tops 20 Million Subscribers- But at Financial Cost

Peacock has finally topped 20 million paying subscribers to the ‘little streaming service that could’. However, this announcement comes to pad the bad news- their financials show a nearly $1B loss in Q4, and NBCUniversal warns that’s not t…