- Meta plans more job cuts after laying off 11,000 employees in November (Financial Times)
- Saudi Arabia increases its stake in Nintendo to 7.08% (Gamesindustry.biz)
- Marvel to adjust its strategy to make content more visible on Disney+ (TechCrunch)
- Dungeons & Dragons filmmakers sign deal with Paramount to produce movies at its new GoldDay studio (THR)
- YouTube launches commercial music licensing platform Creator Music (TechCrunch)
- Africa is expected to have 15.6 million paid SVOD subscriptions by 2028, a new report says (Digital TV Europe)
- Paramount lays off 120 employees in its Showtime/MTV Entertainment Studios merger (TBI Vision)
- The UK government’s post-COVID film and TV restart scheme has left some producers in the lurch (Deadline)
- Dave Hollis, former president of worldwide distribution for Disney’s movie studio, has passed away at age 47 (THR)
- Fox turns down US$2-billion offer for its streamer Tubi (Bloomberg)
- A new Samba report highlights the longevity of Netflix’s Wednesday success (Deadline)
- Comcast ends free access to Peacock for existing subscribers, after nixing it for new users (Engadget)
- Hogwarts Legacy is the biggest Harry Potter game release to date, besting the previous sales record by 64% (Gamesindustry.biz)
- Bill Damaschke is in talks to take over as head of Warner Animation Group (THR)
- Dana Walden, Alan Bergman to helm Disney’s streaming biz in leadership rejig (IndieWire)
- Epic Games launches an app that lets users share gameplay clips (TechCrunch)
- Four writers are set to turn films into musicals as part of a DreamWorks Theatricals career accelerator (Deadline)
- How the EMEA region quietly became Netflix’s biggest subscriber base (THR)
- GKIDS secures NA theatrical rights to Spirited Away: Live On Stage (Cartoon Brew)
- JP Morgan CEO warns the battle with inflation is not over yet in the US (Reuters)
- Meta acquires VR developer Within, following an FTC antitrust lawsuit (TechCrunch)
- The BFI will hand out US$16 million over three years to support UK film education (Deadline)
- Warner Bros. Discovery plans to keep Discovery+ as a standalone streaming service (THR)
- Thailand’s government approves a 30% increase in film production incentives (Variety)
- A new bill aims to strip away Disney’s self-governing status in Florida (Cartoon Brew)
- Aardman head Sean Clarke warns that the UK animation industry is struggling (The Guardian)
- The Hogwarts Legacy video game may have debuted the Wizarding World’s first transgender character (Deadline)
- AMC unveils ticketing prices based on where audiences want to sit in the theater (THR)
- Meta plans to open up its Horizon Worlds metaverse app to teens (WSJ, subscription content)
- Disney’s Iger is expected to lay out his streaming strategy and operating structure in this week’s quarterly call (NYT)
- A new US bill casts scrutiny on how movies are altered to appease Chinese regulators (Deadline)
- Paramount+ inks its first mobile distribution deal in the UK with phone carrier Three (THR)
- Microsoft co-founder Bill Gates sheds light on AI applications and the potential impact on jobs (Forbes)
- Disney board fires back against activist investor Nelson Peltz’s proposals to shareholders (WSJ)
- YouTube Shorts crosses 50 billion daily views, but lags against other platforms (TechCrunch)
- Universal, Paramount and Disney bring movie trailers back to the Super Bowl (Variety)
- Netflix faces flak for using AI-generated illustrations in anime (Cartoon Brew)
- In the US, bipartisan pressure on Google and Apple to ban TikTok in app stores grows (NYT)
- Sony Pictures’ Q3 revenue is down, but Lyle, Lyle Crocodile and Matilda performed well (Deadline)
- BBC Studios is looking at M&A as part of its strategy to double in size (TBI Vision)
- Warner Bros. Discovery EMEA promotes a new director of streaming marketing (Variety)
- TikTok introduces its own strike system for creators who break its rules (Engadget)
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