Doug Shapiro’s essay highlights the creator media economy’s rapid growth, generating $250 billion in 2023 and projected to exceed $600 billion by 2030. This shift, driven by generative AI, changing consumer preferences for authenticity, and younger demographics, challenges traditional media,…
Samira Bakhtiar of AWS highlights the need for media companies to diversify as the entertainment industry, projected to exceed $1 trillion in 2024, evolves. Online video (35% of revenue) and gaming (25%) dominate, with 5.75 billion mobile users and 3.5…
DAZN and LTN have expanded their partnership to deliver 11 low-latency live streaming channels to betting locations and Amazon Prime Video in Germany. Using LTN’s automated playout and multicast IP network, DAZN enhances its coverage with a pop-up channel for…
OpenAI has launched Sora, a generative AI video tool with 1080p video generation, multimodal prompting, and storyboard features. Included in ChatGPT Plus and Pro plans, Sora Turbo offers faster performance and integrates safety measures like metadata and watermarks.
SiriusXM has announced a $200 million cost-cutting initiative and a strategic pivot to focus on its core automotive subscriber base, which comprises 90% of its customers. The plan includes reallocating resources from high-cost streaming audiences to prioritize vehicle-based subscribers, enhancing…
Parks Associates reports that 37% of U.S. internet households with smart TVs use Samsung Tizen as the most common platform, reflecting its dominance in the market. As smart TVs increasingly integrate control capabilities for other smart home devices, the leading…
The Streaming Wars explores the shutdowns of major piracy platforms like Dramacool and GogoAnime, revealing the economic toll of piracy in anime and Asian dramas. With enforcement ramping up, rightsholders must innovate affordable, localized, and user-friendly alternatives to protect creators.
MoffettNathanson reports that most Q3 AVOD ad spend focused on Netflix, Prime Video, and Disney Plus, while Peacock saw a 49% boost due to the 2024 Summer Olympics. Excluding the Olympics, AVOD market growth was 36%, but overall growth slowed…
Fox Corp CFO Steven Tomsic announced Tubi’s projected $1 billion revenue this year, up from $150 million at its $440 million acquisition. Despite a $240 million loss last year, Tomsic highlighted Tubi’s 1.8% household TV market share, surpassing Peacock and…
Speculation about Roku's future is growing as analysts suggest it could be acquired within the next year, potentially redefining the connected TV (CTV) ecosystem. With 85 million user households and extensive data assets, Roku is seen as a valuable target…
