Gunnar Wiedenfels, CFO, states they’re “optimizing for a long-term sustainable business for one additional distribution platform that's going to drive a better monetization of our content and, as such, better shareholder value.” Learn more on S&P Global. The WBD company expects to reach financial breakeven in 2024–seeking to attain $1 billion in profits and 130 million subscribers by 2025. Discovery prioritizes profits over subscriber growth The new Spaces tab introduces “Stations” that group and suggest content based on topics, themes, and people you follow. Twitter is rolling out its redesigned Spaces tab, which now includes podcasts for Twitter Blue users on iOS–Android coming soon. Podcasts available for Twitter Blue subscribers Twitter is also rolling out some new features, and Amazon Prime raises prices in the UK for the first time since 2014. Warner Brothers, Spotify, and MoviePass have news to share about their subscriber growth and new offerings. This week, a lot is going on in the Digital Media and Entertainment subscription space.
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