Spotify taps Netflix to distribute select sports, culture, lifestyle, and true crime video podcasts from Spotify Studios and The Ringer in the US in early 2026
including shows from Spotify Studios and The Ringer Network — are coming to Netflix! The Bill Simmons Podcast, The Zach Lowe Show, The McShay Show, The Rewatchables, Serial Killer...
Spotify's deal to bring video podcasts to Netflix prevents shows from airing in full on YouTube; Netflix won't run ads, but Spotify's integrated ads will remain
Netflix will show video versions of 16 podcasts on sports, culture, entertainment and true crime.
Users express surprise, delight, and disgust with viral Sora clips, as some warn of IP theft and that Cameos could lead to new kinds of misinformation and scams
and terrifying. X: Taylor Lorenz / @taylorlorenz : Someone gave my psychotic stalker an invite to Sora and he's already making AI videos of me. Thankful that Sora has the option to...
OpenAI's invite-only Sora app becomes the top free app in the US App Store three days after its launch, ahead of Gemini in second and ChatGPT in third
OpenAI now has two of the top three free apps in Apple's App Store, and its new video generation app Sora has snagged the coveted No. 1 spot.
Disney closes its deal with Comcast to buy out NBCUniversal's 33% stake in Hulu, paying an additional $439M, after agreeing in 2023 to pay a floor of $8.61B
Alex Weprin / The Hollywood Reporter :
Disney closes its deal with Comcast to buy out NBCUniversal's 33% stake in Hulu, paying an additional $439M, after agreeing in 2023 to pay a floor of $8.61B
Alex Weprin / The Hollywood Reporter :
Netflix reports Q4 revenue up 16% YoY to $10.2B and 301.6M global subscribers, adding 18.9M subscribers, more than double analysts' estimates; NFLX jumps 14%+
- Netflix is raising subscription prices in its biggest market — Report marks the end of regular quarterly customer updates
The RIAA sues AI music services Suno and Udio over alleged mass copyright infringement and claims they are trying to “hide the full scope of their infringement”
here's what it means Ben's Bites : Major labels are suing AI music startups Suno and Udio Andy Maxwell / TorrentFreak : RIAA Sues Suno & Udio AI Music Generators For ‘Trampling’ on...
Fox, ESPN, and WBD announce a new joint venture to launch a streaming sports service in the US in the fall of 2024; each entity will own a third of the JV
The service will be available to ESPN+, Hulu and Max subscribers.
The WGA and the AMPTP reach a tentative deal to end the strike; the proposed three-year contract ups pay and streaming residuals, adds new AI rules, and more
The Writers Guild of America and the major Hollywood studios have reached a tentative deal that would end a strike that has lasted …
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Reuters : Instacart reveals IPO filing, disclosing PepsiCo investment, profitability Dan Frommer / The N...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Bill Peters / MarketWatch : Instacart files for IPO, joining crowded field of gig-economy names as marke...
Source: Apple hired TV and digital video advertising executive Lauren Fry to build a video ad business for Apple TV+, which doesn't have an ad-supported tier
Sahil Patel / The Information :
Netflix co-founder Reed Hastings steps down as co-CEO but plans to stay on as executive chair; the company promotes COO Greg Peters to co-CEO with Ted Sarandos
Streaming company names new leadership as it looks to reset after ‘tough year’ in 2022 — Reed Hastings is stepping …
Sheryl Sandberg is leaving Meta this fall after 14 years, and chief growth officer Javier Olivan will take over as COO; Sandberg will stay on Meta's board
Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta, the company formerly known as Facebook. Source: Sheryl Sandberg .
Netflix and Amazon had fewer Oscar nominations in 2022; half of the Best Picture nominees had little to no theater time and all major studios used hybrid models
Sources: Activision CEO failed to inform the board about allegations an employee had been raped by her supervisor in 2016 and 2017, even after a settlement
new accusations reveal it's much, much worse Kellen Browning / New York Times : A group of Activision workers say their C.E.O. should step down. Imogen Beckhelling / Rock, Paper, S...
Sources: the FTC will review Amazon's proposed acquisition of MGM, just as the commission gets a new chairwoman who has been critical of Amazon's expansion
AT&T to spin off WarnerMedia and combine it with Discovery in a $43B deal; the new company will be run by Discovery CEO David Zaslav
Felix Salmon asked a question on Twitter: Wall Street Journal : AT&T's Hollywood Ending Erased Billions in Value Sara Fischer / Axios : Scoop: Discovery CEO David Zaslav signs new ...