- Amazon is cutting 100 jobs at Amazon Studios and Prime Video (Deadline)
- Feature film My Father’s Dragon and preschool series Odo are among this year’s Irish Animation Awards nominees (Screen Ireland)
- Bento Box Entertainment CEO Scott Greenberg leaves the Fox-owned animation studio (TBI Vision)
- Spider-Man: Across the Spider-Verse and Transformers: Rise of the Beasts get release dates in China (THR)
- Disney shuts down short-form division 20th Digital Studio in its second round of layoffs (TBI Vision)
- Comcast reports a 4% drop in Q1 revenue, Peacock posts losses of more than US$700 million (Deadline)
- …Meanwhile, Roku’s revenues were up by 1% in Q1 to US$741 million (DTVE)
- Warner Bros. Discovery teams up with Viacom18 to bring its portfolio to India (THR)
- YouTube ad revenue drops by 2% to US$6.7 billion in Q1 (Variety)
- Imax signs multi-theater deals with CMX Cinemas to expand in Florida and Mexico (THR)
- UK blocks Microsoft’s acquisition of Activision Blizzard (Bloomberg, subscription content)
- Sony unveils Spider-Man: Across the Spider-Verse content at CinemaCon (IGN)
- Warner Bros. Discovery CEO David Zaslav says he doesn’t “believe in direct-to-streaming movies” (Deadline)
- Netflix plans to spend US$2.5 billion on South Korean TV and film content (THR)
- Disney targets ABC and Freeform in its second round of layoffs (TBI Vision)
- Spotify hits 210 million paying subscribers in Q1, but revenues are lower than expected (WSJ, subscription content)
- Disney+ Hotstar’s head of content wants to expand original programming in other languages (Variety)
- Disney begins a second round of layoffs and expects to cut 4,000 jobs by Thursday (Deadline)
- Global box-office revenue could beat expectations and reach US$32 billion this year (THR)
- NBCUniversal CEO Jeff Shell steps down after misconduct investigation (TBI Vision)
- The Super Mario Bros. Movie is nearing the US$1-billion mark in worldwide ticket sales (Variety)
- Hasbro is reportedly negotiating the sale of eOne to founder Darren Throop (Bloomberg, subscription content)
- FAST revenues to hit US$6.3 billion this year, dominated by the US market (TV Technology)
- DreamWorks’ Ruby Gillman, Teenage Kraken will launch at Annecy 2023 (Variety)
- Disney and former Marvel exec Victoria Alonso reach a settlement (Deadline)
- Hello Sunshine recruits Alex Flores to head up its new music division (THR)
- Global task force calls on Twitter to remove misleading labels for pubcasters (Public Media Alliance)
- Prime Video adds a new tool to boost volume of spoken dialogue (Vulture)
- How entertainment marketers are strategizing to reach Gen Alpha and Gen Z (Variety)
- Piracy-induced losses for US streamers could hit US$113 billion by 2027 (Advanced Television)
- Previously announced Disney layoffs reportedly set to begin in entertainment next week (Bloomberg, subscription content)
- …Meanwhile, Pixar’s Elemental will close this year’s Cannes Film Festival (Deadline)
- Meta opens up social VR platform Horizon Worlds to teen users (TechCrunch)
- BFI launches a US$12-million fund to provide skills development in the screen sector (THR)
- The potential and limitations of AI in Choose Your Own Adventure games (IGN)
- Nearly 98% of the WGA votes in favor of a strike if a deal isn’t reached by May (Deadline)
- ITVX hits one billion streaming views (Broadband TV News)
- French director Luc Jacquet is this year’s recipient of the Locarno Kids Award (Variety)
- Why the home video market is a worthy investment when it comes to anime (Polygon)
- The Academy appoints its first-ever chief membership, impact and industry officer (THR)
- Gen Z wants more video games based on their favorite films and shows (VentureBeat)
- Report estimates global OTT revenue will cross US$235 billion by 2028 (DTVE)
- Kids TV and animation among the genres lagging in deaf representation (Variety)
- LEGO COO says new Virginia plant will help it reach untapped US markets (Bloomberg)
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