- 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)
- Walt Disney Animation Studios’ chief creative officer is betting on new blood to keep the hits coming (The Hollywood Reporter)
- …Meanwhile, Nielsen reports that Disney’s Luca was one of the most-streamed original titles of 2021 (Deadline)
- Despite some global hits, Q4 results for Netflix came up a little short (TechCrunch)
- Film festivals are evolving to be safer and better events amid the pandemic (Wired)
- Want to make your next movie intergalactic? A space-bound film studio will supposedly be launched in 2024 (The Hollywood Reporter)
- Disney has named Joe Earley as president of its Hulu streaming platform (TBI Vision)
- In a bid to compete with TikTok, Instagram is now letting creators remix public videos (TechCrunch)
- Activision Blizzard’s CEO opens up about why it’s being acquired by Microsoft (VentureBeat)
- A new study finds that women-led companies are receiving less funding than those run by men (Variety)
- There’s a status quo for COVID-19 set safety, but is it good enough? (The Hollywood Reporter)
- Disney movies are becoming multiplatform content factories, but that’s hurting them as films (Wired)
- Here’s a look at how CJ ENM plans to use Endeavor Content to expand globally (TBI Vision)
- YouTube’s global head of original content Susanne Daniels is leaving (Deadline)
- Microsoft is set to buy Activision Blizzard in a US$68-billion deal (Variety)
- As demand for content climbs, Hollywood has become private equity’s new money machine (The Hollywood Reporter)
- BBC expects to face a US$390-million shortfall following a license fee settlement (TBI Vision)
- BBC chiefs make the case for local investment (Variety)
- A startup has raised US$55 million to give a social twist to casual gaming (Tech Crunch)
- AI is set to drive the hybrid work environment and make telecommuting easier (VentureBeat)
- Indigenous knowledge can teach kids a lot, but it’s often overlooked (EdSurge)
- Pixar’s Turning Red is heading straight to streaming, and not every staffer is happy about it (Variety)
- Baby Shark has become the first YouTube video to hit 10 billion views (Tubefilter)
- Singer Mariah Carey is writing her first children’s book (People)
- Facebook’s parentco Meta is facing a class-action lawsuit that could cost it more than US$3 billion (TechCrunch)
- Powered by tentpole films, Cineworld Group is starting to generate positive cash flow again (Deadline)
January 27, 2022
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