Top Stories

The GoPro Channel Leverages Action Library for 2023 Launch

GoPro has joined forces with Roundtable Entertainment and Cinedigm to launch a new streaming service planned for a 2023 launch. The GoPro Channel will be among 30 streaming services offered by Cinedigm, a digital content distributor headquartered in Los Angeles, also home to multi-platform producer Roundtable. GoPro has more than 10 million subscribers to its official YouTube Channel, generating what the firm tallies to 3 billion views. The GoPro Channel will showcase original programming curated a library of sports and lifestyle videos — both professionally produced and user-generated content — in addition to new series produced by Roundtable. Read more

Blizzard Entertainment to Suspend Game Access for NetEase

Activision Blizzard’s Blizzard Entertainment has hit an impasse with licensee NetEase and will as of next week be suspending “most Blizzard game services in mainland China due to the expiration” of current agreements. The arrangement encompasses popular titles such as “World of Warcraft,” “Hearthstone” and “Diablo III.” Blizzard has worked with Chinese video game publisher NetEase since 2008. “The two parties have not reached a deal to renew the agreements that is consistent with Blizzard’s operating principles and commitments to players and employees,” Blizzard said in a statement. Read more

YouTube Tests Waters with Hub of FAST Streaming Channels

YouTube is embarking on tests of a new FAST channel hub. The move is the latest by the Alphabet-owned platform to expand its ambitions to become a full-service video provider. YouTube is reported by The Wall Street Journal to be in talks with entertainment firms about featuring films and TV series in a configuration not unlike that typically offered by cable (i.e., packaged) and is testing the approach with a limited number of media companies in anticipation of a potential full-on launch later this year. Deployment of a free, ad-supported TV hub would put YouTube on a path to become a go-to destination for general video in competition with entities such as Roku, Pluto TV and Tubi TV. Read more

Microsoft Adding ChatGPT to Wide Release of Azure OpenAI

Microsoft plans to add OpenAI’s artificial intelligence app ChatGPT to its Azure OpenAI Service, which is now being made generally available after being offered to select enterprise customers in limited availability since November 2021. ChatGPT’s Azure debut expands on the existing relationship with OpenAI, in which Microsoft in 2019 invested $1 billion, a stake it is considering to expanding by another $10 billion. Microsoft couched the moves as a ”continued commitment to democratizing AI, and ongoing partnership with OpenAI.” Microsoft chief exec Satya Nadella also announced the company plans to eventually include AI tools like ChatGPT into all of its products. Read more

TikTok Considers $1.5 Billion Plan to Quell Security Concerns

TikTok is in discussions with U.S. lawmakers about a $1.5 billion plan to reorganize its operations in order to provide more transparency and allay fears of Chinese spying and data manipulation. The talks have become more urgent in recent months as regulators at the federal and state level are threatening to ban the short-form video app on government-issued devices. TikTok parent ByteDance been negotiating with CFIUS, the Committee on Foreign Investment in the U.S. since 2019, when an investigation was opened following the Beijing-based media firm’s acquisition of Musical.ly, which it merged into TikTok. Read more

Also Noted