Roku stock tanks 18% after sharing financials, outlook

Roku disappointed Wall Street when it shared its fourth-quarter earnings after the bell on Wednesday. The digital streaming business fell about 18% in after-hours trading, in the minutes following the news release. Roku posted $188.3 million revenue, when Yahoo! Finance estimates showed $182.5 million. It’s also up from $147.3 million in the same period last year. Earnings…

Fox News to launch an over-the-top streaming service, Fox Nation

The Fox News Channel officially announced today the upcoming launch of an over-the-top streaming service called Fox Nation that will include live exclusive daily programming, long-form content available only to subscribers and access to exclusive events and more than 20 years of Fox News Channel programming. One unique aspect to the service is that it…

Mixer, Microsoft’s Twitch competitor, adds game sales

Twitch has long since allowed its streamers to generate revenue from their channels through things like subscriptions, virtual tipping and game sales. Microsoft is adopting one of those features for its own game streaming service, Mixer, with today’s launch of “Direct Purchase.” The addition will allow streamers to promote purchases — including game titles and other content…

LiveLike raises $9.6M to get more broadcasters streaming in VR

LiveLike, a startup that powers VR streaming experiences for broadcasters like FOX Sports and Sky, has raised a $9.6M Series B round led by Greycroft Partners and Lepe Partners. This brings total funding raised to just over $23M. As a refresher, LiveLike’s VR experience let you select different camera angles, sit in and look around a virtual…

Twitch launches always-on chat rooms for channels

Twitch today is debuting an always-on chat room feature it’s simply calling “Rooms.” The feature is going live today across both web and mobile for Twitch users worldwide. Rooms are custom chat spaces that are available from the channel page itself, and can be set up by anyone on their own account. They’re found in…

‘Glee’ and ‘American Horror Story’ co-creator Ryan Murphy signs exclusive deal with Netflix

Another high-profile TV producer is going all-in with Netflix: Ryan Murphy has signed what the streaming service describes as “a multi-year deal to produce new series and films exclusively at Netflix, starting July 1, 2018.” Murphy’s credits include Glee, American Horror Story, American Crime Story and The Normal Heart. He already had a relationship with Netflix, thanks to his upcoming shows Ratched (a prequel…

Twitch’s latest features highlight channels’ top fans

Today, the company is instead launching new features for viewers – one related to Twitch’s 60-second video snippets called Clips and another to its virtual tipping mechanism. Starting today, “Clip Champs” and “Top Cheerers,” as these new features are called, will begin rolling out. The goal is with the additions is to better recognize those fans…

Magic Leap is partnering with Turner Sports and the NBA to stream games on an app

Magic Leap and the National Basketball Association are partnering with Turner Sports to show live games on its platform in an app that will be available to Magic Leap One “Creator Edition” customers. The partnership announced onstage at the Code Media conference in Huntington Beach, Calif.  The experiences sound a lot like virtual reality, with fans being able to experience…