SpaceX Paves Starlink Mobile Path with $17B EchoStar Deal

Elon Musk’s SpaceX is the latest customer to purchase spectrum from EchoStar as that company continues to restructure. The firms have reached a definitive agreement for SpaceX to acquire $17 billion worth of AWS-4 and H-block spectrum, designated for mobile and satellite communications. SpaceX will also fund approximately $2 billion of cash interest payments payable on EchoStar debt through November of 2027. In addition, EchoStar is entering into a long-term commercial agreement that will allow it to access SpaceX’s next-generation Starlink Direct to Cell service for EchoStar’s Boost Mobile subscribers. Continue reading SpaceX Paves Starlink Mobile Path with $17B EchoStar Deal

YouTube Boosts Hype Feature to Help Creators Expand Reach

Hype, a YouTube feature that helps smaller channels break through to wider audiences, uses a point system that lets fans help emerging creators get onto a new ranked leaderboard. Launched as a test last year, Hype is now live in 39 countries, including the U.S., UK, Japan and India. Viewers can take advantage of a free opportunity to “hype” up to three long-form videos per week for creators with from 500 to 500,000 subscribers. Videos receive points for being hyped, with “bonus points” awarded on a sliding scale that benefits smaller creators. Only videos uploaded within the last 7 days are eligible. Continue reading YouTube Boosts Hype Feature to Help Creators Expand Reach

Nexstar to Acquire Tegna in $6.2 Billion TV Consolidation Deal

In a major local television group consolidation move, Nexstar Media Group of Texas has reached an agreement to acquire a rival, Virginia-based Tegna, in a $22 per share cash transaction valued at $6.2 billion. The boards of both Nexstar and Tegna unanimously signed off on the deal, which is expected to close by the end of next year subject to FCC regulatory approval. The price includes Tegna debt and estimated transaction expenses and fees. Nexstar has more than 200 owned or partner stations while Tegna has 64. As a result of the consolidation, the combined company will have TV stations in nine of the top 10 U.S. markets. Continue reading Nexstar to Acquire Tegna in $6.2 Billion TV Consolidation Deal

YouTube Tests Two-Person Premium Tier to Help Grow Subs

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

Patreon Signs Podcasting Deals with Wondery and Sony Music

Patreon, a subscription platform popular among individual creators and small companies, is expanding beyond boutique service with a network initiative that has inked Wondery and Sony Music Entertainment to podcasting deals. Patreon says podcasting is its largest category, with participants earning more than $472 million from over 6.7 million paid memberships. The figure marked a 35 percent increase from 2023. With more than 100 million total memberships, Patreon says it is “the best place on the Internet for independent podcasters and media networks alike.” The 12-year-old company provides tools for creators to connect directly with fans. Continue reading Patreon Signs Podcasting Deals with Wondery and Sony Music

Netflix Increases Subscription Prices as Memberships Surge

Netflix seems determined to test consumers’ price-value tolerance, raising by $2 the price of its premium tier, now $24.99 per month, while raising the cost of the standard ad-supported tier by $1, to $7.99 per month. Its approach is so far working. The news came with an earnings report that indicated new subscribers rose by 18.9 million in Q4, a 44 percent increase to 302 million worldwide members on close of 2024. For the year, revenue grew 16 percent and operating income expanded six points to 27 percent, exceeding $10 billion for the first time in company history. Continue reading Netflix Increases Subscription Prices as Memberships Surge

Spotify Offers Basic Streaming Plan, New Podcaster Feature

Spotify recently introduced a new $10.99 per month Basic streaming plan in the U.S., which includes “the music streaming benefits of your Premium plan without the monthly audiobook listening time.” As part of its move to provide “more choice for U.S. subscribers,” Spotify now offers subscriptions including an $11.99 per month Premium Individual plan, $16.99 Premium Duo option, $19.99 Premium Family (for up to 6 members of one household), and Audiobooks Access for $9.99 per month. Additionally, in an effort to boost video content the company is allowing podcasters, even those not officially hosted by Spotify, to upload video podcasts. Continue reading Spotify Offers Basic Streaming Plan, New Podcaster Feature

OpenAI Integrates New Image Editor for DALL-E into ChatGPT

OpenAI has updated the editor for DALL-E, the artificial intelligence image generator that is part of the ChatGPT premium tiers. The update, based on the DALL-E 3 model, makes it easier for users to adjust their generated images. Shortly after DALL-E 3’s September debut, OpenAI integrated it into ChatGPT, enabling paid subscribers to generate images from text or image prompts. The new DALL-E editor interface lets users edit images “by selecting an area of the image to edit and describing your changes in chat” without using the selection tool. Desired changes can also be prompted “in the conversation panel,” according to OpenAI. Continue reading OpenAI Integrates New Image Editor for DALL-E into ChatGPT

Telegram Adds Business Features to Challenge Meta, Google

Messaging app Telegram has added business account features to create a custom start page, listings, maps, hours of operation, chatbot support and more. Anyone can turn their Telegram account into a Telegram Business account, and users don’t need coding skills. Public channels with 1,000 or more subscribers can receive 50 percent of the revenue from ads shown in their channels. Based in Dubai, Telegram says the channels of its global users generate over 1 trillion monthly views. In February it unveiled an ad program that adopted the TON blockchain’s Toncoin as its native currency. Continue reading Telegram Adds Business Features to Challenge Meta, Google

YouTube Creators Can Now Share Exclusive Shorts with Fans

Google’s YouTube has created a new model for its Shorts feed that lets creators share short-form videos as exclusive content for their paying viewers. The feature gives creators an opportunity to share exclusive content with their most ardent fans, in addition to other perks for paying subscribers, like badges, custom emojis, live streams and more. TikTok recently loosened its subscription requirements for creators, allowing more of them to participate. In March, the ByteDance owned service said it is renaming TikTok Live as “Subscription” and is opening it to “regular creators,” letting them post exclusive content that paying users can see. Continue reading YouTube Creators Can Now Share Exclusive Shorts with Fans

YouTube TV Begins Offering Multiview for iPhones and iPads

Google is beginning to extend YouTube TV’s multiview functionality to mobile platforms, with iPhones and iPads added in time for March Madness and Android coming in the months ahead. During early access, some users will see an option to simultaneously watch up to four different, though pre-selected, streams in their “Top Picks for You” section. After selecting multiview, viewers will be able to toggle audio and captioning between streams and can jump in and out of a particular game’s full screen view. YouTube TV announced multiview last month “on all devices that support multiview.” Continue reading YouTube TV Begins Offering Multiview for iPhones and iPads

Pika Taps ElevenLabs Audio App to Add Lip Sync to AI Video

On the heels of ElevenLabs’ demo of a text-to-sound app unveiled using clips generated by OpenAI’s text-to-video artificial intelligence platform Sora, Pika Labs is releasing a feature called Lip Sync that lets its paid subscribers use the ElevenLabs app to add AI-generated voices and dialogue to Pika-generated videos and have the characters’ lips moving in sync with the speech. Pika Lip Sync supports both uploaded audio files and text-to-audio AI, allowing users to type or record dialogue, or use pre-existing sound files, then apply AI to change the voicing style. Continue reading Pika Taps ElevenLabs Audio App to Add Lip Sync to AI Video

Hulu Is Joining Netflix in Cracking Down on Password Sharing

Hulu has revised its Terms of Service in an effort to ban password sharing amongst friends and family members outside of a subscriber’s primary personal residence. Hulu has been announcing via email that subscribers will have until March 14 to comply. According to the revised Terms of Service: “If we determine, in our sole discretion, that you have violated this Agreement, we may limit or terminate access to the Service and/or take any other steps as permitted by this Agreement.” The move by Hulu follows what has been reported as a successful crackdown on password sharing by Netflix in addition to a record number of subscribers in the fourth quarter. Continue reading Hulu Is Joining Netflix in Cracking Down on Password Sharing

GenAI Lets Snapchat+ Subscribers Create and Share Images

Snapchat+ is rolling out new artificial intelligence features that let subscribers use text prompts to create generative AI images to share with friends. In addition, the Dreams feature, which creates generative AI selfies, is now able to add your friends to those photos. Snapchat+ subscribers get one pack of 8 Dreams per month as part of their $3.99 monthly fee. An onscreen button labeled “AI” lets subscribers access the AI image generator to choose from a menu of prompts (including “sunny day at the beach” and “planet made of cheese”) or they can enter their own descriptions. Continue reading GenAI Lets Snapchat+ Subscribers Create and Share Images

Netflix Raising Rates After Profitable Q3, Subscriber Growth

Netflix can chalk up another solid quarter, with Q3 revenue of $8.5 billion, up 8 percent year-over-year, with 9 million new subscribers for a total of 247 million worldwide. Netflix attributes the strong subscriber growth in part to its ongoing password-sharing crackdown. The company has now officially rolled out what it calls “paid sharing” in all regions in which it operates, reporting that there were fewer resulting cancellations than expected. Rather, it says it has largely effectuated its desired result of converting piggybacking customers into paid subscribers. Meanwhile, Netflix is raising its rates as it continues to add originals and “license titles from around the world.” Continue reading Netflix Raising Rates After Profitable Q3, Subscriber Growth