Streaming services

Philippines levies 12% VAT tax on digital services by Amazon, Netflix and Disney
World

Philippines levies 12% VAT tax on digital services by Amazon, Netflix and Disney

Chesnot | Getty Images News | Getty Images The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the playing field with domestic brick and mortar players, the internal revenue agency said on Thursday. President Ferdinand Marcos Jr signed into law on Wednesday the imposition of VAT on non-resident digital service providers […]

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Apple eyes bigger slice of India’s streaming market with Airtel deal
World

Apple eyes bigger slice of India’s streaming market with Airtel deal

The Airtel logo is seen displayed on a mobile phone screen. Sopa Images | Lightrocket | Getty Images Apple‘s tying up with India’s Airtel to offer the telecom firm’s premium customers its music and video streaming services for free, potentially giving the U.S. firm access to thousands of consumers in a price-sensitive market. The move comes as competition tightens in India’s $28-billion entertainment market and […]

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CNBC Daily Open: Data and earnings ease recession fears
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CNBC Daily Open: Data and earnings ease recession fears

Traders work on the floor of the New York Stock Exchange. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. […]

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CNBC Daily Open: Live long and prosper
World

CNBC Daily Open: Live long and prosper

Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]

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CNBC Daily Open: Dow drops, Netflix beats estimates, Nvidia rebounds
World

CNBC Daily Open: Dow drops, Netflix beats estimates, Nvidia rebounds

Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]

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CNBC Day by day Open up: French left-wing shock victory, Boeing responsible plea
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CNBC Day by day Open up: French left-wing shock victory, Boeing responsible plea

Traders get the job done on the ground of the New York Stock Exchange, June 14, 2023. Spencer Platt | Getty Images This report is from today’s CNBC Everyday Open, our intercontinental markets e-newsletter. CNBC Daily Open delivers traders up to pace on all the things they will need to know, no subject the place […]

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CNBC Each day Open up: ‘Roaring Kitty’ receives chewed up
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CNBC Each day Open up: ‘Roaring Kitty’ receives chewed up

Traders function on the ground of the New York Inventory trade throughout morning trading on Nov. 10, 2023 in New York Town. Michael M. Santiago | Getty Visuals What you want to know these days This report is from present-day CNBC Day-to-day Open up, our worldwide markets e-newsletter. CNBC Everyday Open up delivers buyers up […]

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YouTube dominates streaming, forcing media companies to decide whether it’s friend or foe
Business

YouTube dominates streaming, forcing media companies to decide whether it’s friend or foe

It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it. YouTube, which effectively invented user-generated content, claims a daunting share of overall media consumption. And it’s no longer just dominating the internet, it’s dominating the living room, too. YouTube made up 9.7% of […]

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Warner Bros. Discovery hikes prices for Max streaming service
Business

Warner Bros. Discovery hikes prices for Max streaming service

In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Warner Bros. Discovery‘s Max announced price increases for its ad-free options on Tuesday, as a range of streamers make their memberships more expensive.  The move comes only 12 days before […]

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Twitch terminates all members of its Safety Advisory Council
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Twitch terminates all members of its Safety Advisory Council

Twitch on Friday will terminate all members of its Safety Advisory Council, according to sources familiar with the situation and documents viewed by CNBC. The council is a resource of nine industry experts, streamers and moderators who consulted on trust and safety issues related to children on Twitch, nudity, banned users and more. The Amazon-owned […]

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