Disney’s fiscal Q3 earnings and full year projections have topped expectations, with its Streaming and Parks businesses leading revenue streams. Operating income from streaming hit $346 million for the quarter, a significant increase over the same period last year. Disney ended Q3 with 183 million Disney+ and Hulu subscriptions, an increase of 2.6 million from Q2. Overall, revenue was up 2.1 percent to $23.7 billion for the three-month period ending June 28. In addition, the company announced that it plans to integrate Hulu into Disney+ for a new streaming app to be available next year. Continue reading Disney Reports Jump in Profit, Plans to Fold Hulu into Disney+

Roku has launched Howdy, an ad-free U.S. SVOD service that will cost $2.99 per month for access to a catalog of nearly 10,000 hours of entertainment from inaugural partners Lionsgate, Warner Bros. Discovery and FilmRise, as well as select Roku Original titles. “Priced at less than a cup of coffee,” Howdy is “meeting a real need for consumers who want to unwind with their favorite movies and shows uninterrupted, and on their terms,” said Roku founder and CEO Anthony Wood who feels people are willing to pay to avoid ads even though many ad-supported streaming services are available free. Continue reading Roku Launches Ad-Free Streaming Service for $3 per Month

Runway has joined forces with IMAX to present the finalists from its fourth annual AI Film Festival in a 10-city U.S. commercial run, with four days of screenings at each location, from August 17 to 20. Tickets are on sale now for IMAX theaters in Manhattan, San Francisco, Los Angeles, Chicago, Seattle, Dallas, Boston, Atlanta, Denver and Washington, D.C. The 10 finalists vied among 6,000 submissions for the 2025 competition, which marks the first time the AIFF finalists will get a national theatrical release. In 2024 finalists screened for one day at only two theaters in New York and Los Angeles. Continue reading Runway Sets a 10-City IMAX Release for AI Film Fest Finalists

According to PwC’s latest Global Entertainment & Media Outlook, M&E revenues are expected to hit $3.5 trillion by 2029, led by advertising, live events and video games. The report also offers a positive outlook for streaming video, OTT, subscription VOD, theatrical box office, with numerous M&E areas impacted by the adoption of artificial intelligence. Streaming video is expected to jump 33 percent to more than $112 billion by 2029, while global revenue for video games is forecast to reach $300 billion in 2029, up 29 percent from $224 billion in 2024. Of three major categories analyzed — connectivity, advertising and consumer — advertising is expected to grow the fastest. Continue reading PwC Eyes Growth for Ads, Events, Gaming, Streaming Video

Netflix is taking steps aimed at upgrading the viewer experience, rolling out AV1 Film Grain Synthesis (FGS) streams to the majority of its subscribers. While FGS has been part of the AV1 standard since the Alliance for Open Media introduced the format in 2018, Netflix began to apply it to a limited number of titles in 2021 and is is now enabling it at scale. The streamer says the open-source FGS compression system “revolutionizes video streaming” and will “preserve the artistic integrity of film grain” — a feature generally considered essential to achieving a cinematic look — while also optimizing data efficiency. Continue reading Netflix Is Implementing AV1 Film Grain Synthesis Tech at Scale

Kaiju means “giant monster” in Japanese, and Alamo Drafthouse Cinema is hoping the term will translate to monster box office at its new Godzilla-themed movie house, the Alamo Drafthouse Valley Fair in Santa Clara, California. “This is just the beginning,” says Alamo, announcing a partnership with Toho International, the Los Angeles-based subsidiary of the fabled Tokyo production company that is home to the reptilian heavyweight and his pals Mothra, Rodan and Megalon (as well as Akira Kurosawa’s “Seven Samurai”). Alamo promises “exclusive merch, screenings and other surprises” tied to Toho’s “universe of city-stomping beasts.” Continue reading Alamo Drafthouse Bows Godzilla-Themed California Theater

Avid is deploying its popular Media Composer and Avid NEXIS tools at Amazon MGM Studios via the cloud using Amazon Web Services (AWS). The integration will enable the studio’s customers to use Avid’s editing and storage solutions via the cloud in a way that fits their specific production needs. Avid has been collaborating with Amazon MGM Studios for the past three years, and at the NAB 2025 show expanded the partnership to include the Avid on AWS production framework, offering studios, broadcasters, and streaming services cloud access to Avid’s post-production solutions on AWS. Continue reading Amazon MGM Studios Offering AWS Cloud-Based Avid Tools

A little over a year since the beta release of its conversational AI search and discovery tool, Cineverse is making cineSearch commercially available to business customers. The Los Angeles startup says its AI-powered framework “solves” the content-hunt quandary for digital networks and streaming services, finding programming across all streaming platforms. Cineverse is making cineSearch available for commercial licensing to OEMs and streaming platforms via the company’s own sales team and through Google Cloud Marketplace. CineSearch was developed using Google’s AI ecosystem — specifically Vertex AI platform and the Gemini 2.0 Pro model. Continue reading CineSearch Is a New AI Discovery Tool for Streaming Content

Fox Corporation’s Tubi free ad-supported streaming service has partnered with Kickstarter to support independent filmmakers raising funds on the crowdfunding platform. The deal will bring more than 20 Kickstarter-funded films to Tubi for an exclusive period beginning this fall. As part of the arrangement, Tubi has joined with Kickstarter to launch the FilmStream Collective fund, which will channel completion funds to filmmakers active on the platform. Tubi reaches over 97 million monthly active users worldwide with FAST entertainment in the form of on-demand movies and TV episodes, including original content. Continue reading Tubi Is Joining Forces with Kickstarter to Support Indie Films

Two years after debuting a self-branded TV line, and one year following the rollout of its premium Pro series, Roku is unveiling a new line the spans from budget to higher-end models. The 2025 lineup — featuring Roku Select, Roku Plus and Roku Pro Series — are available with prices starting at just $130 for the entry-level Select series, while a 75-inch Pro Series mini-LED will run about $1,700. The lineup promises “seamless setup,” a built-in remote finder, updated Smart Picture Max — “Roku’s most advanced video ever,” and “performance upgrades and intelligent features” that automate “the best picture and sound.” Roku is also offering two new streaming sticks and testing a refreshed home screen. Continue reading Roku Offering Its Latest Smart TV Line and New User Interface

AMC Networks has partnered with Runway to use the AI startup’s models and technology in the TV studio’s marketing and development processes. The Cablevision-owned AMC Networks brand — home to cable TV hits such as “Mad Men,” “Breaking Bad” and “The Walking Dead” that have found new audiences on the AMC+ streaming service — plans to use AI in everything from identifying key scenes for promotional use to ideating new ideas, previsualization and special effects. Lionsgate entered a similar deal with Runway last year that had the reciprocal benefit of allowing the AI company to use the studio’s content to train models. Continue reading AMC Networks the Latest to Partner with Runway for AI Tools

Artificial intelligence startup Odyssey, which turns two this year, has unveiled an interactive streaming AI video model. Available on the web in research preview, the model generates video streams every 40 milliseconds that viewers can navigate through — much like interacting with a 3D-rendered video game using either a keyboard, game controller or smartphone. Odyssey describes the current experience as similar to “exploring a glitchy dream” and says that while “utility is limited for now” its breakthrough is based on the fact that “improvements won’t be driven by hand-built game engines, but rather by models and data.” Continue reading Odyssey’s AI World Modeling Engine Streams Interactive 3D

Netflix is testing a short-form video feature for mobile to compete for the attention of those spending time on platforms such as TikTok, Instagram Reels and YouTube Shorts. The news came out of the company’s inaugural product and tech event where it also shared plans for an OpenAI-powered search tool that lets users describe their desired content conversationally. Netflix plans to introduce improved real-time recommendations and a redesigned TV homepage, rolling out globally in the coming weeks and months, according to Chief Product Officer Eunice Kim, who presided over the event with Chief Technology Officer Elizabeth Stone. Continue reading Netflix Highlights Original Shows in New Vertical Shorts Feed

Disney revenue hit $23.6 billion during the recent quarter, a 7 percent increase year-over-year, with net income vaulting to $3.28 billion, up from a $20 million loss during the same period last year. The results outperformed on the top and bottom lines, sending shares surging by about 10 percent on Wednesday morning. Disney’s strong fiscal second quarter was propelled by better-than-expected Disney+ subscriber growth of +1.4 million subscribers and energetic overall performances in Entertainment as well as Experiences. The icing on the earnings cake was news of a new theme park planned for Abu Dhabi, announced by CEO Bob Iger. Continue reading Disney Reports Strong Quarter, Announces New Theme Park

Google has quietly launched a film and television production initiative called “100 Zeroes” to fund projects (initially from respected indie studios) that are positive about tech and could help promote a positive take on Google’s own products and services. Google is teaming with talent management and production company Range Media Partners on the initiative. While product placement is expected to be one element (for example: a movie character uses an Android device rather than an iPhone), Google is reportedly more focused on a broader plan to promote a general positive view on technology, especially to younger demographics such as Gen Z. Continue reading Google Launches Initiative for Positive Film, TV Views on Tech