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Digital Video

All articles tagged with #digital video

Microsoft Discontinues Movies & TV Store on Windows and Xbox

Originally Published 5 months ago — by Gizmodo

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Source: Gizmodo

Microsoft has quietly shut down its online Movies & TV store, ceasing new purchases but allowing existing owners to watch their content on Windows and Xbox devices, with no refunds or transfer options provided, signaling a retreat from digital video services amid competition from streaming giants.

Advertisers Demand Lower Prices in Weak TV Upfront Market.

Originally Published 2 years ago — by Variety

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Source: Variety

Advertisers are seeking rollbacks in the rates they pay for reaching TV viewers in early "upfront" talks with TV networks, as the continued migration of viewers to streaming and digital-video options erodes the marketplace leverage of traditional TV companies. The market for TV advertising has weakened, with TV networks striking deals that called for CPM increases ranging from 8% to 12% in 2022. Buyers expect the total volume of dollars committed to broadcast and cable networks to be down as much as a double-digit percentage, with digital volume staying flat or falling in a single-digit percentage range.

Vice Media Cancels Flagship News Program Amid Layoffs and Restructuring

Originally Published 2 years ago — by Deadline

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Source: Deadline

Vice Media Group is streamlining its news division, including layoffs and the cancelation of its signature newscast, Vice News Tonight. The changes are in response to the current market conditions and business realities facing VMG and the broader news and media industry. Vice News will be streamlined to focus on the growing digital video business and news documentary and series production business for VTV and distribution partners worldwide. Dozens of staffers are affected by the cutbacks, and Vice News Tonight will have its last broadcast in May.