Apr 14, 2020 - Economy & Business

No coronavirus ceasefire for streaming wars

Illustration: Eniola Odetunde/Axios

The highly-anticipated streaming wars are still on, even as most of Hollywood production has come to a halt.

The state of play: NBC's Peacock is still on track to launch tomorrow, April 15th. The company revealed its launch sponsors Monday, and says it will keep ad load at a minimum.

  • Quibi says it's had 1.75 million downloads since launching last week, but the company didn't reveal how many of those downloads resulted in paid subscriptions.
  • Disney+ says it now has over 50 million subscribers after launching five months ago.
  • Netflix continues to be the most-watched streaming service throughout the coronavirus, according to data from Nielsen.

What's next: HBO Max executives say that the service is still on track to launch in May.

Go deeper: Streaming spikes during coronavirus

Go deeper

The Athletic lays off 8% of staff, implements company-wide pay cut

Adam Hansmann (left) and Alex Mather (right), co-founders of The Athletic. Photo: Steph Gray, courtesy of The Athletic

The Athletic is laying off nearly 8% of staff, 46 people, according to an internal memo obtained by Axios.

Why it matters: It's the latest media company that's been been forced to take drastic measures to survive the economic fallout from the coronavirus. Like many sports media outlets, The Athletic has been particularly impacted by the loss of live sports.

Unpacking a surprise jobs report

Illustration: Rebecca Zisser/Axios

Can we trust this morning's surprisingly good employment report?

  • The short answer: Yes.

The emergency era of environmental policy

Illustration: Aïda Amer/Axios

Welcome to the crisis era of energy and environmental policymaking.

Driving the news: A new White House executive order, citing COVID-19, invokes emergency powers to accelerate and even waive some environmental reviews of infrastructure and energy projects.