Netflix competitors expected to post losses exceeding $5 billion for 2023

The Financial Times reports that some of the biggest entertainment companies will post more than $5 billion in losses from their streaming services for 2023. Disney, Comcast, and Paramount streaming divisions will all end up in the red for the year, and Warner Bros Discovery managed a small profit. However,...

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https://www.techspot.com/news/101360-netflix-competitors-expected-post-losses-exceeding-5-billion.html?utm_source=dlvr.it&utm_medium=blogger

Apple expected to lose 6 million iPhone 14 Pros as disruption at Foxconn plant continues

Foxconn's facility manufactures the overwhelming majority of iPhone 14 Pro and Pro Max devices. Operations were disrupted in mid-October following a Covid outbreak that put the factory and its 200,000 workers into a "closed loop" lockdown. https://www.techspot.com/news/96782-apple-expected-lose-6-million-iphone-14-pros.html?utm_source=dlvr.it&utm_medium=blogger

Tencent wins with merger of China's game streaming giants Huya and DouYu

Tencent currently has stakes in both Huya and DouYu and will have approximately 68 percent combined voting shares once the new firm is formed. Post-merger, Huya and DouYu shareholders will get fully diluted shares of the combined companies, with DouYu’s Chen Shaojie and Huya CEO Dong Rongjie becoming co-CEOs once... https://www.techspot.com/news/87078-tencent-wins-merger-china-game-streaming-giants-huya.html?utm_source=dlvr.it&utm_medium=blogger

Epic is celebrating Sonic's 30th anniversary with a free copy of Sonic Mania

The platformer launched in the summer of 2017 as a love letter to the original Sonic games from the Sega Genesis era. It features classic gameplay with pixel-perfect 2D graphics that run at a buttery smooth 60 frames per second. https://www.techspot.com/news/90201-grab-free-copy-sonic-mania-epic-games-store.html?utm_source=dlvr.it&utm_medium=blogger

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