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.