- Netflix is laying off staff from in-house editorial arm Tudum, just five months after launching it (Tech Crunch)
- The demand for Ukrainian films and TV shows is growing (The Wrap)
- Amid the streaming boom, A+E, Fox Corp. and AMC networks are leaning into linear TV (The Hollywood Reporter)
- British broadcasters are joining forces to tackle a production manager shortage in the UK (Variety)
- Despite Netflix’s stock stumble, the streamer is expected to spend more on content this year than ever (The Hollywood Reporter)
- Spain’s government will prevent toy manufacturers from using gender stereotypes in advertising (Euro News)
- Sundance Film Festival is cutting two of its programs for emerging filmmakers (Variety)
- Twitter is reporting a quarterly bump in users and revenue in the wake of being acquired by Elon Musk this week (CNBC News)
- Wall Street Journal reports Mattel is holding talks with private-equity firms about a potential buyout (WSJ)
- Dana Walden, Walt Disney Television’s chairman of entertainment, has big plans for the House of Mouse (Variety)
- YouTube’s Q1 ad revenue fell short of Wall Street’s expectations (The Hollywood Reporter)
- …Meanwhile, Google plans to start experimenting with ads on its YouTube Shorts platform (Yahoo News)
- Nothing is off the table for WarnerBros. Discovery CEO David Zaslav as he takes the reins (CNN Business)
- Disney is reportedly refusing to cut LGBTQ+ content from its Doctor Strange movie sequel for Saudi Arabia (Variety)
- TikTok was the most downloaded app worldwide in Q1 2022 (TechCrunch)
- Warner Bros. Discovery’s revenue has increased despite a decline in linear subscribers (Variety)
- Universal and Illumination postpone Super Mario Bros. live-action movie release until 2023 (Gamer Information)
- Elon Musk has closed a US$44-billion deal to acquire Twitter (CBC News)
- Kids aren’t just on TikTok for the funny vids: they’re captivated by social media trend analysis, too (Vox)
- Comic book creators are coming together to raise money for Ukrainian refugees (The Hollywood Reporter)
- Pokémon GO is teaming up with search engine Ecosia on a tree-planting campaign (Nintendo Life)
- The Obamas’ prodco Higher Ground is reportedly leaving Spotify in search of a new podcast deal (Bloomburg)
- Netflix’s subscriber dip costs it US$54 billion in market capital (Variety)
- HBO Max and HBO reach 76.8 million combined global subscribers (CNBC)
- Streaming usage has reached an all-time high as traditional TV viewing declines (The Hollywood Reporter)
- To drive the next generation of unscripted formats, BBC Studios is looking to add execs in LA (Deadline)
- Subscriber losses cause Netflix shares to plummet to their lowest point since December 2018 (Variety)
- …Meanwhile, the streamer is moving ahead with plans to create a lower-priced service with ads (BNN Bloomberg)
- TikTok is launching interactive tools to help brands create more engaging ads (Social Media Today)
- Web3 is making it possible for companies to sell IPs, digital figures, key scenes and even original movie scripts (Forbes)
- Niantic plans to win over Pokémon Go fans with its next AR adventure (CBR)
- A new study reveals what consumers want to pay for major streamers (Variety)
- Paramount is offering Ukrainian-language Nickelodeon content for free on various Euro platforms (The Hollywood Reporter)
- Netflix is launching a game and show based on the same franchise for the first time (VentureBeat)
- Netflix preps 10 new Brazilian projects in regional expansion (Variety)
- …Meanwhile, the streamer is teaming with a Lebanese fund to launch a grant for female Arab filmmakers (The Hollywood Reporter)
- Video app Josh raises US$805 million to fill the gap created by India’s TikTok ban (Tubefilter)
- Barbie is flying to space for the first time on a mission to inspire girls (Space.com)
- Elon Musk has made an offer to buy Twitter for US$43 billion (CBC)
- Virtual production technology is transforming the UK TV and film sector (Screen Daily)
- Hasbro to acquire D&D Beyond from licensee Fandom for US$146.3 million (Licensing International)
- Facebook gaming is scoring more watch time than YouTube (Tubefilter)
April 29, 2022
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