- The UK’s TV and film industries pulled off a record year, spending US$7.6 billion on productions (Deadline)
- Netflix’s 2022 film slate shows what US$19 billion can buy you (Broadcasting+Cable)
- …Meanwhile, Amazon spent US$13 billion on film, TV and music content in 2021 (Variety)
- After a long path to profitability, Snap reported US$1.3 billion in revenue for Q4 (TechCrunch)
- Facebook’s parent company Meta has lost more than US$220 billion in market value (Variety)
- A day after announcing it would raise US$500 million to refinance debt, AMC Entertainment has upped the target to US$950 million (Deadline)
- An NFT development startup just received US$100 million in funding to create 360-degree franchises (Tubefilter)
- Comcast is gearing up to launch its new ViacomCBS joint-venture streamer SkyShowtime in Europe later this year (TBI Vision)
- CBS Studios is reportedly developing a new Star Trek: Starfleet Academy series (TBI Vision)
- Apple TV+ might just be a placeholder for Apple until it’s able to get aggressive with streaming (Variety)
- AMC Entertainment is selling US$500 million in bonds to pay down its debts and expenses (Deadline)
- Livestream shopping platforms are on the rise, and one of them is now valued at US$1.5 billion(TechCrunch)
- Could the great resignation force techies to get career agents? (TechCrunch)
- Brad Lewis’s Spire Animation Studios has secured US$20 million in new funding (Deadline)
- AT&T will distribute its shares in WarnerMedia to existing shareholders amid the WarnerMedia/Discovery merger (Variety)
- The pandemic has permanently changed TV—for the better, in many cases (Broadcasting+Cable)
- Netflix co-CEO Reed Hastings bought US$20 million worth of Netflix shares after its stock price dropped (Deadline)
- …Meanwhile, data suggests that Netflix’s hits don’t stay popular for long (Variety)
- Former Yellow Wiggle Emma Watkins breaks down the group’s enduring popularity and what’s next for her (ABC News)
- Big tech needs to stop trying to make the metaverse a thing (Wired)
- Minnie Mouse changed her look from dress to pantsuit, and the internet went crazy (Deadline)
- Roku wants skittish investors to know that it’s number one in Canada (Broadcast+Cable)
- NBCUniversal is facing huge challenges and opportunities around attracting eyeballs to the Olympics this year (Variety)
- As the metaverse draws more attention, crime in virtual reality will be the next hurdle to tackle (Wired)
- Peacock lost U$1.7 billion in 2021, more than doubling its 2020 losses (Variety)
- AMC Entertainment has to refinance its debt, but a declining share price could make that tricky (Deadline)
- South Korean conglom Naver Group is breaking into the metaverse with a fund for creators (TechCrunch)
- Publishers are starting to look to AI and robot voices as the future of audiobooks (Wired)
- Meltdowns could be the new norm for kids coping with at-home learning, according to new research (Edsurge)
- The ViacomCBS upfront will return to an in-person event at Carnegie Hall in May (Deadline)
- Spain’s government is on its way to turning the country into a hub for startups (TechCrunch)
- Families are flocking to AR and VR experiences to escape, which is a good sign for the so-called metaverse (Wired)
- Amazon Prime Video could overtake Netflix in the UK by the end of 2024 (TBI Vision)
- Dune VFX firm DNEG is set to go public in a US$1.7-billion deal (Deadline)
- YouTube will test out new monetization features for its YouTube Shorts creators to rival TikTok (Variety)
- …And not to be outdone, TikTok is exploring avatars, live audio streams and new tools (TechCrunch)
- Spider-Man still leads the box office and is closing in on Avatar‘s record as the third highest-grossing film in North America (Deadline)
- Has Wall Street given up on the streaming wars? (Broadcasting+Cable)
- Google is building an AR headset that it hopes to ship in 2024 (The Verge)
- Apple and Epic Games are appealing the decision of the lawsuit alleging that Apple is monopolistic (TechCrunch)
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