One year into its ad-supported version, Netflix is reaching scale. Amazon Prime Video is about to flip its 100 million subscribers from ad-free to ad-supported shows. And big incumbents like Disney and NBCUniversal are showing they can hold their own with products like Disney+ and Peacock.
LG replaced the members of Alphonso's board so they could approve a purchase of the rest of the company at a valuation far lower than $1 billion. Now, LG has been ordered to reinstate the board members it ousted, and chastised for reneging on its contract.
#advertising #streaming-services #las-vegas #lawsuit #board-members #valuation #lg-electronics #alphonso
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