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

As part of a larger push to boost its global subscriptions, Google’s YouTube is pilot-testing a discounted two-person Premium plan with select users in France, Hong Kong, India and Taiwan. The tier’s pilot program, which allows users to share their YouTube Premium or YouTube Music Premium membership with another household member (13 years or older) without committing to a family plan, comes as the platform looks to diversity beyond its advertising business. YouTube is testing whether the plan, similar to the Duo offering from music streamer Spotify, would be appealing to couples or roommates looking to minimize costs while maintaining separate accounts. Continue reading YouTube Tests Two-Person Premium Tier to Help Grow Subs

Warner Bros. Discovery’s Max streaming service has followed Netflix’s lead in battling password sharing by selling Extra Member subscriptions in the U.S. for $8 per month. The move aims to give existing subscribers “greater flexibility and control over how they manage sharing their Max accounts,” the company says, promising a seamless transition from subscription squatting to authorized account user with “profile transfer available for extra member add-ons.” Those in the midst of binging, say, “White Lotus” will not see their viewing disrupted, according to WBD. Continue reading WBD Adds ‘Extra Member’ Option for Max Password Sharers

Roku is partnering with Adobe to integrate its Roku Data Cloud with Adobe Real-Time Customer Data Platform (CDP) for a new real-time advertising data platform. The idea is to allow advertisers to access more in-depth insights that can potentially be used to launch “more personalized and performant advertising” while prioritizing privacy, according to Roku. “This integration will unlock the opportunity for traditional performance marketers — like search and social buyers — to plan, activate, and measure campaigns on Roku,” said Miles Fisher, the streamer’s senior director of strategic advertising partnerships. Continue reading Roku Teams Up with Adobe on a Real-Time Ad Data Platform

Netflix posted record profit of $2.9 billion in Q1, a 24 percent increase year-over-year that exceeded its forecast of $2.44 billion. Revenue was up nearly 13 percent to $10.54 billion for the three month period. The streamer attributed the strong performance to “slightly higher subscription and ad revenue and the timing of expenses.” The company is looking ahead to a strong 2025 and robust growth in upcoming years, with an internal goal of doubling annual revenue to $80 billion by 2030 and global ad sales aiming to hit $9 billion. Full-year revenue is forecast to land between $43.5 billion and $44.5 billion. Continue reading Netflix Reports Another Record Quarter with $2.9 Billion Profit

Netflix is testing a new recommendation engine that uses OpenAI technology to suggest viewing options based on input that goes beyond the usual parameters of cast and genre. The system is being introduced gradually and is already available in Australia and New Zealand where subscribers must opt-in to try it out, reports say, noting it allows input of more nuanced parameters, including mood, to populate search results. The partnership underscores OpenAI’s efforts to have its technology applied practically and commercially as it seeks to transition from a non-profit to a for-profit public benefit business structure. Continue reading Netflix Tests Content Recommendations Powered by OpenAI

ByteDance is testing TikTok for Artists, a free feature performers can use to manage music and mesh with fans. Aimed at generating exposure and building engagement, the feature also provides analytics — from fan insights to performance metrics and trend reports. The Artists platform is now being tested in Australia, Indonesia, Japan, Korea and New Zealand. Though the U.S. deadline for ByteDance to remove TikTok from Chinese control was extended by 75 days (a second time) from April 5 to June 19, the social media app’s future here is more uncertain than ever. Continue reading ByteDance Tests TikTok for Artists with Its U.S. Fate in Limbo

The QVC Group has launched TikTok U.S.’s first 24/7 live third-party social shopping stream with a berth on TikTok Shop. The move builds on QVC’s existing presence on TikTok Shop, a tab within the TikTok app where it debuted in August 2024. QVC, which launched in 1986 as the Quality Value Channel, built its business around live cable TV shopping but has seen the sector contract due to cord cutting. QVC Group CEO David Rawlinson is tasked with reinventing the network by engaging younger shoppers through social media. QVC Group is a subsidiary of John Malone’s Liberty Media. Continue reading QVC First with Live 24/7 Branded Shopping Stream on TikTok

Netflix has gone multilingual, adding a feature that lets viewers choose from a list of more than 30 languages for dubbing or subtitles on any title. The option has previously only been available via mobile and Web browsers, with TV options limited to a handful of choices deemed relevant based on geographic location. Referencing some of its most popular programming — such as South Korea’s “Squid Game,” Spain’s “Berlin” and France’s “Lupin” — Netflix explains, “we know that language availability is what helped these stories and characters find fans beyond their country of origin.” Continue reading Netflix Expands Dubbing and Subtitle Options to 30 Languages

Ad measurement firm iSpot has launched Outcomes at Scale with Paramount as its first customer. Designed to speed performance tracking across TV and streaming by helping brands see campaign results almost instantly, allowing them to optimize on the fly, iSpot says Outcomes at Scale makes “attribution” (consumer response to commercials) available rapidly, while making low-funnel insights — metrics occurring closer to the conversion point — more accessible. The company’s new offering aims to provide advertisers with access to conversion-rate tracking, allowing them to see how audience segments are responding to campaigns throughout the ads and dayparts. Continue reading Paramount Adopts iSpot’s New Ad Tech: Outcomes at Scale

Tech firm Infinite Reality — which specializes in AI-powered 3D immersive experiences — has agreed to pay $207 million for Napster, the 26-year-old music streaming service. The sellers are crypto investment firm Hivemind Capital Partners and blockchain firm Algorand, that acquired the platform in 2022. Infinite Reality is privately held, listing among its investors Liberty Media, Live Nation, MGM, T-Mobile and Barry Diller’s IAC. The company plans to steer Napster to superfan experiences, making it “more immersive, more social, and more shoppable.” Napster CEO Jon Vlassopulos, former global music chief at Roblox, will continue in his current post. Continue reading Infinite Reality Agrees to Acquire Napster in $207 Million Deal

Netflix has begun streaming HDR10+ programming for AV1-enabled devices, enhancing the customer viewing experience for subscribers at the $25 per month Premium level. Previously, high-definition content had been limited to HDR10 and Dolby Vision, which it will continue to offer. Netflix has been “a pioneering adopter of High Dynamic Range (HDR) technology” starting nearly a decade ago, not only streaming in the format but also producing and encoding in it. “In the last five years, HDR streaming has increased by more than 300 percent” on Netflix while HDR-configured devices have more than doubled, according to the company. Continue reading Netflix Enhanced Viewing Supports HDR10+ on AV1 Devices

Speaking in San Francisco during the Game Developers Conference this week, Netflix Games President Alain Tascan discussed how its gaming content can keep the platform’s 700 million-plus customers entertained between seasons. “We are not yet the Netflix of games, but that is where we are headed,” the executive said, calling gaming “the biggest shift in entertainment in the last 30 years.” In light of global youth’s involvement with games, “we see we need to be there,” Tascan said. Netflix added its first mobile games in 2021 and has since expanded by purchasing video game studios and building one from scratch. Continue reading Netflix Execs Discuss a Continued Push into Gaming Business

Warner Bros. Discovery is updating its Discovery+ technology to offer expanded streaming features, initially for subscribers in the U.S. and Canada. As the service migrates to the same technical platform and infrastructure that powers WBD’s Max service globally, customers will gain features including more personalized recommendations, improved homepage and navigation, better in-app discovery and a mobile “share” to social media, among other things. “A singular unified platform has been central to our technology strategy, and this marks a major milestone in that journey,” WBD CTO Avi Saxena said of the change. Continue reading WBD Updates Discovery+ Tech Stack and Adds New Features