Clik here to view.
Netflix Hires ‘The Last Airbender’ Producer Dan Lin As Film Chief, Replacing...
Netflix has found a replacement for its outgoing film chief Scott Stuber. Dan Lin, a producer whose studio Rideback produced Netflix’s latest No.1 series, a live action adaptation of Avatar: The Last...
View ArticleClik here to view.
Paramount CEO Bob Bakish Clarifies On Paramount+ Streaming Bundle Talks
Paramount Global’s streaming service remains a bright spot in the entertainment conglomerate’s uncertain future. Paramount’s direct-to-consumer division, which includes Paramount+, gained 4.1 million...
View ArticleClik here to view.
EU Slaps Its First-Ever Antitrust Fine On Apple Over Its Dominance In Music...
The European Union’s executive branch, the European Commission, has hit Apple with a nearly $2 billion fine resulting from a complaint from Spotify, marking the E.U.’s first-ever antitrust penalty on...
View ArticleClik here to view.
Netflix CFO Spencer Neumann Clarifies Streamer’s Film Strategy Under New Chief
At the Morgan Stanley Technology, Media and Telecommunications conference yesterday (Mar. 4), Netflix’s chief financial officer Spencer Neumann boasted the company’s leading 18 Oscar nominations ahead...
View ArticleClik here to view.
Lachlan Murdoch Shares Details About Fox’s Joint Streaming Service With...
During the Morgan Stanley Technology, Media and Telecommunications conference yesterday (Mar. 4), Lachlan Murdoch, the CEO of Fox Corp, shared the first details about Fox’s new sports streaming...
View ArticleClik here to view.
MrBeast Is Going to Produce a Game Show on Prime Video: What to Know
YouTube superstar MrBeast is taking a chance to broadcast his content on another platform. The YouTuber, whose real name is Jimmy Donaldson, has signed a deal with Amazon’s Prime Video and MGM Studios...
View ArticleClik here to view.
Spotify Paid a Record $9B to Artists and Music Industry Participants in 2023:...
Spotify paid a record $9 billion to music industry participants in 2023, according to the company’s annual music economics report released yesterday (Mar. 18). Spotify’s payout in last year alone...
View ArticleClik here to view.
Former Disney CEO Bob Chapek Breaks Silence Because of Bob Iger’s ESPN Plan
As The Walt Disney Company tries to map out its plans for ESPN, one of its past leaders has decided to weigh in on the sports brand’s prospects. Bob Chapek, the CEO of Disney from 2020 to 2022, said...
View ArticleClik here to view.
Top Executive Shakeups in Streaming, Big Media and Digital News in Q1 2024
The media and entertainment industry was rife with leadership changes in the first three months of 2024, continuing a trend seen in late 2023. New high-level hires were made by companies from Netflix...
View ArticleClik here to view.
Spotify Names a New CFO and Reportedly Plans to Raise Prices (Again)
The first few months of 2024 have ushered in some interesting executive shakeups at the top media companies, with Spotify being the latest. The Swedish music streaming company announced yesterday...
View ArticleClik here to view.
Vimeo Taps Former Google A.I. Exec As CEO, Ending Its 9-Month Search
The video-sharing platform Vimeo is bringing on a Big Tech veteran as its new CEO. The New York-based company announced yesterday (April 4) that Phillip Moyer, a former Google executive who led A.I.,...
View ArticleClik here to view.
Spotify Introduces an A.I. Playlist Generator, Deepening Personalization Push
Audio streaming platform Spotify today (April 8) launched the beta version of a new personalization feature called “AI Playlist,” which allows users to create playlists with text prompts that describe...
View ArticleClik here to view.
Amazon CEO Andy Jassy Says Prime Video Can Be a ‘Profitable Business On Its Own’
In his annual letter to shareholders, published today (April 11), Amazon CEO Andy Jassy said the e-commerce giant’s video streaming service, Amazon Prime Video, “can be a large and profitable business...
View ArticleClik here to view.
Amazon’s New Video Ad Chief Is the Latest Former NBCUniversal Exec to Join...
Amazon continues to build out its advertising team after making the move to introduce ads to Prime Video for basic subscriptions. The tech giant’s latest addition is Krishan Bhatia, a former ad sales...
View ArticleClik here to view.
Dan Lin’s Strategy for Netflix Films: Focus On Quality and Range
Netflix’s new film chief has already ushered in some structural changes to the streamer’s film strategy, indicating that the company no longer needs to prove itself as a top filmmaker. Under Dan Lin’s...
View ArticleClik here to view.
Netflix Execs Double Down on ‘Evolving’
In the first three months of this year at Netflix, “evolution” has been the name of the game. The streamer’s earnings release and its subsequent earnings call emphasized how it’s shed its novice...
View ArticleClik here to view.
Paramount Streaming CEO Tom Ryan On the Growth of FAST Services in Streaming
A Nielsen report from this month on free ad-supported television (FAST) like Amazon Freevee and the Roku Channel shows that FAST services are growing. There are 21 percent more FAST channels than...
View ArticleClik here to view.
Spotify CEO Daniel Ek: ‘Monetization Remains Our Top Priority’
Spotify’s earnings release on Tuesday (April 23) revealed a few tidbits of the company’s strategy going forward with features like audiobooks, short-form video and its newest change in leadership with...
View ArticleClik here to view.
Alphabet Execs Call YouTube Shorts a ‘Long-Term Bet for the Business’
At Alphabet’s fourth-quarter earnings call at the beginning of 2024, the tech company’s leaders had much to say about YouTube. Yesterday (April 25), when reviewing the first three months of the year...
View ArticleClik here to view.
The Inevitable Decline of Movies
Less is more. Except when it’s not. And in the current case of movies, it is most decidedly not. The film industry is shrinking—by revenue, volume, value and old fashioned chutzpah. The past poor...
View Article