video

AT&T makes money from content…by flogging assets

AT&T has agreed to sell its Crunchyroll anime business to Sony for close to US$1.2 billion, and is reportedly in the latter stages of a sale process for DirecTV, which could be worth about $15 billion.

Quixotic Quibi quits

Mobile streaming video startup Quibi, which was backed by Hollywood, has been forced to shut down after its core narrative failed to persuade.

Spotify branches out into video

As expected, audio streaming giant Spotify has officially made the leap into video by using it to augment its podcasting strategy.

Sky steps up its Italian Job

Sky Italia has confirmed it will expand its broadband footprint in the Italian market as it seemingly eyes up the convergence dream.

Tencent acquires the ‘Netflix of Asia’

Iflix, dubbed the ‘Netflix of Asia’, has been acquired by Hong Kong-based Tencent, as the firm takes another step towards its dream of becoming the streaming giant of South East Asia.

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