Latest Digital
Meta Warns That Mark Zuckerberg’s Love of MMA Could Hit Its Bottom Line
Meta is officially warning investors: CEO Mark Zuckerberg’s love of mixed martial arts poses a risk to its business. Zuckerberg, as many people know by now, has become a big MMA fan, posting photos training ith UFC fighters, and even participating in some local matches. He also underwent knee surgery last year after injuring his […]
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Apple CEO Tim Cook and NBA Commissioner Adam Silver Talk Vision Pro: “This Changes Everything”
Tim Cook wanted to know more about the stats. The Apple CEO was huddled over an iMac in the NBA’s league headquarters in New York alongside NBA commissioner Adam Silver, flanked by a wall of regulation basketballs. On the white table in front of them was the computer, and a piece of hardware that Cook […]
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Snap to Slash Workforce by 10 Percent Amid Tech Layoff Spree
Another day, another round of tech layoffs. Snapchat owner Snap on Monday said that it would be slashing its global workforce by 10 percent. The company disclosed the news in a securities filing, writing that “in order to best position our business to execute on our highest priorities, and to ensure we have the capacity […]
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2024 iHeartRadio Podcast Awards: Full List of Nominees Unveiled (Exclusive)
SmartLess, Wiser Than Me with Julia Louis-Dreyfus, On Purpose with Jay Shetty and Normal Gossip are among the titles in contention for the 2024 iHeartRadio Podcast Awards. The category, which will be voted on by fans from Feb. 5 through Feb. 18, also includes popular podcasts Crime Junkie, The Daily, My Favorite Murder, New Heights, […]
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Amazon 2023 Content Spend Rises to $18.9B, Despite Hollywood Strikes
As Amazon leans into content through Prime Video, MGM, Freevee and live sports, the company said that its 2023 content spend totaled $18.9 billion. Amazon spent $16.6 billion on content in 2022, “approximately $7 billion” of which was spent on “Amazon originals, live sports and licensed third- party video content included with Prime.” The company […]
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Amazon Advertising Revenue Hits $14.6B in Latest Quarter as Tech Giant Leans Into Ad Deals
As Amazon leans further into advertising via its Prime Video service (ads were turned on there earlier this week), the tech giant’s overall ad business hit $14.6 billion in Q4 2023, the company said in its latest earnings report. Amazon overall had net sales of $170 billion, and net income of $10.6 billion, both beating […]
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YouTube Passes 100M Subscribers for Music and Premium Services
YouTube has quietly become a giant subscription business. The Alphabet-owned video platform said Thursday that it now has more than 100 million subscribers to YouTube Music and YouTube Premium services. The 100 million number includes trial subscribers, and is of Jan. 2024, per a company post. “The music industry is at a critical juncture,” wrote […]
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Paramount Hopes the Super Bowl Can Power Up Its Streaming Business
The state of the streaming business can be summed up in the very beginning of the new Super Bowl commercial for Paramount+: “On Paramount Mountain, the stakes get higher.” With the streaming business at a tipping point, as Netflix pulls ahead of the pack and everyone else is scrambling to turn a profit, Paramount Global […]
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Hulu Set to Begin Password-Sharing Crackdown, Following Disney+
Hulu is set to begin cracking down on password and account sharing, following a similar move by Disney+. The Disney-owned streaming service on Wednesday sent an email to subscribers notifying them of an updated subscriber agreement, one that explicitly bars sharing accounts outside of the user’s household. “Unless otherwise permitted by your Service Tier, you […]
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Universal Music Group to Pull Songs From TikTok Imminently, Sends Blistering Open Letter
Songs from Taylor Swift, Lady Gaga and Drake may be vanishing from TikTok on Wednesday. In a dramatic move, Universal Music Group says that it will pull its song catalog from TikTok Jan. 31 after failing to come to terms on a new licensing deal with the fast-growing social video platform. The music label announced […]
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YouTube Ad Sales Soar to $9.2B in Blowout Quarter
In a blowout quarter, YouTube saw its advertising revenue soar to $9.2 billion in Q4 of 2023, up from just below $8 billion in the year prior and the quarter prior, and in line with what Wall Street was expecting. In a statement, Alphabet CEO Sundar Pichai highlighted YouTube’s performance, noting that the video platform […]
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Silver Tribe Media Taps Jen Simons and Lagen Nash for C-Suite Roles
Silver Tribe Media, the management and production venture founded by former CAA agent Michael Klein, is adding to its C-suite. The company, which specializes in podcast and digital creator deals, development and production, has hired Jen Simons as its chief content officer and Lagen Nash as its chief revenue officer. Nash joins Silver Tribe from […]
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Wondery Launching Toyline for ‘Wow in the World’ Kids Podcast With Thames & Kosmos (Exclusive)
Amazon’s podcast studio Wondery and STEM toy makers Thames & Kosmos are releasing a new toy line tied to Tinkercast’s hit kids podcast, Wow in the World. The line, which was planned by Thames & Kosmos in close partnership with the Wondery and the Wow in the World teams, will launch this fall with seven classic learning […]
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Fox News Contributor Tyrus to Host Interview Series for Outkick (Exclusive)
Fox Corp. continues to shift its talent across its linear and streaming platforms. In the latest move, Fox News contributor Tyrus (real name George Murdoch … no relation to Fox CEO Lachlan Murdoch) is expected to host an interview series for Outkick, the sports outlet founded by Clay Travis. Fox acquired Outkick in 2021. The […]
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CNN Stuns Sports World With Unbylined NBA Scoop About Doc Rivers
Watch out “Woj” and “Shams,” there’s a new NBA scoop machine: “CNN Sports.” The biggest NBA move of the week broke on TNT’s Inside the NBA Tuesday night, with the studio team revealing that ESPN analyst Doc Rivers had agreed to become the head coach of the Milwaukee Bucks. Their source? “CNN Sports.” “Ok, are […]
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Netflix Adds 13M Subscribers In Blockbuster Earnings Report
With the Hollywood strikes in the rearview mirror, Netflix reported a blockbuster quarter, with subscribers surging, and its profit margin staying strong. The streaming giant reported 13 million new subscribers, with revenue of $8.8 billion and operating income of $1.5 billion. The company had reported 9 million new subscribers last quarter, as its crackdown on […]
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