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Maximum Fun owner Jesse Thorn is selling the podcast company that he founded almost twenty years ago. Rather than surrendering the network to a big tech company or media conglomerate, he is selling it back to its workers. Maximum Fun, best known for distributing hit shows like the McElroy family’s “My Brother, My Brother and…
If every company has become a tech company, then The New York Times is a prime example. Although it launched as a print newspaper 171 years ago, in 1851, today that same company is very much a tech-driven media business. While the transition has been ongoing to some extent for decades, the NYT brought in…
Media streamer Plex was promising to expand its free streaming service to include rentals years ago, but that announcement arrived just ahead of the pandemic — at the Consumer Electronics Show in January 2020. The company then also faced a host of other issues, including technical concerns, that required the company to reprioritize its plans.…
Roku today is expanding its product line to include a range of smart TVs that are the first ever to be both designed and built by Roku itself. The Roku Select and Roku Plus Series TVs will be Roku-branded HD and 4K TVs available across 11 models, ranging from 24” to 75” in size, and made to…
Spotify is expanding its newly launched audiobooks service outside the U.S., the company announced today. The service will now become available in other English-speaking markets, including the U.K., Ireland, Australia and New Zealand, allowing users to access Spotify’s catalog of audiobook titles from the streaming app. The company first launched support for audiobooks in the…
Descript, the audio and video editing platform founded in 2017 by former Groupon CEO Andrew Mason, has raised $50 million in a Series C round led by the OpenAI Startup Fund, a tranche through which OpenAI and its partners, including Microsoft, are investing in early-stage companies. Descript is the second startup to receive a cash…