Roku TVs, Unique Ad Units Drive Q2 Revenue Up 11 Percent

Roku’s Q2 earnings came with the news that it added 1.9 million new active accounts and became the top selling TV OS in the U.S., according to the company. Roku now touts more than 73.5 million active accounts on Roku Players and Roku TVs, and claims that its number of sets sold beat the next three manufacturers combined. The company posted Q2 revenue of $847.2 million, an 11 percent increase year-over-year, against a net loss of $107.6 million. Advertising-supported Platform sales were up 11 percent, to $744 million, despite continuing troubles sector-wide. Continue reading Roku TVs, Unique Ad Units Drive Q2 Revenue Up 11 Percent

Could Strikes Upend Institutional Hollywood Power Structure?

Have the striking Hollywood writers and actors opened a void that the creator economy is able to fill? Already in demand, top influencers are now being courted by producers and studios hungry for content to fill depleted pipelines. Meanwhile, striking actors and writers are taking their ideas to YouTube, Instagram, TikTok and Twitch, where they can forge a direct relationship with viewers — albeit not one that will result in direct-deposit paychecks. As the definitions of “talent” and “content” continue to blur, the Hollywood landscape could be in for a seismic shift. Continue reading Could Strikes Upend Institutional Hollywood Power Structure?

Nielsen: June Marks a New All-Time Record for TV Streaming

Streaming accounted for 37.7 percent of overall U.S. TV usage in June, a record share for the digital format. Cable TV accounted for 30.6 percent and broadcast 20.8 percent, according to Nielsen’s monthly snapshot The Gauge. TV viewing was up 2.2 percent in June, the first monthly increase since January. The uptick was principally attributed to young viewers and the summer break. Notably, TV consumption among the 2-11 and 12-17 age groups was up 16.3 percent and 24.1 percent, respectively, compared with May. Alternative viewing options — including streaming and video gaming — accounted for 90 percent among those groups. Continue reading Nielsen: June Marks a New All-Time Record for TV Streaming

Netflix Shutters Cheapest Streaming Plan Without Advertising

Netflix is marshalling resources around its ad-supported Standard plan, pulling the plug on ad-free Basic in an effort to drive more eyeballs to the service’s sponsored tier. The $9.99 per month Basic plan is no longer available “for new or rejoining members” in the U.S. and UK and was dropped in Canada last month. Existing Basic subs can continue the plan until they decide to change tiers or cancel. Standard with Ads has since its November launch accrued more than 5 million subs, according to Netflix, which says 25 percent of new sign-ups have chosen that package. Continue reading Netflix Shutters Cheapest Streaming Plan Without Advertising

IATSE Unveils Its Core Principles for AI and Machine Learning

IATSE, the International Alliance of Theatrical Stage Employees, has adopted what it is calling “Core Principles for Applications of Artificial Intelligence and Machine Learning Technology” in the entertainment industry. Unveiled last week, the document follows the May creation of the group’s Commission on Artificial Intelligence. The activity is meant to convey a proactive approach to the challenges and opportunities ahead. “With AI, the stakes for IATSE members in all crafts is high,” said IATSE International President Matthew Loeb. “There is much work to do, but I am pleased to report the union’s efforts are already well underway.” Continue reading IATSE Unveils Its Core Principles for AI and Machine Learning

Feds Escalate Urgency Around AI, Biden Meets with Experts

President Biden heralded the “enormous promise” of artificial intelligence while pointing out that we must manage risks to society and our economy. These include misinformation and job loss. Meeting with experts in San Francisco, Biden said AI is already fueling “change in every part of American life, often in ways we don’t notice.” Citing social media and its potential harms, Biden called for proper AI guardrails. The Bay Area visit was part of Biden’s 2024 reelection fundraising campaign, and included an event co-hosted by venture capitalist Reid Hoffman, who was integral to the launches of LinkedIn and PayPal. Continue reading Feds Escalate Urgency Around AI, Biden Meets with Experts

Impact Creative Rolls Out App to Connect Writers with Execs

In Hollywood, screenwriters are hired based on personal relationships and past successes but filmmakers Brian Grazer and Ron Howard believe the paradigm needs to change. “Promising writers blow years of their lives trying to get agents and have their work seen by the right people,” said Howard. For two years, their startup, Impact Creative Systems (formerly Imagine Impact) offered an eight-week bootcamp to help writers get their scripts ready to pitch. Now, they’ve added the free-to-join Creative Network app to connect them with executives. Continue reading Impact Creative Rolls Out App to Connect Writers with Execs

Spotify Still Dominates Podcast Space, Acquires The Ringer

Spotify, reporting its Q4 results, revealed that it now has 271 million subscribers, up 31 percent from a year ago, with paying subscribers up 29 percent to 125 million. The company’s overall revenue reached $2 billion, up 24 percent from the previous year, with a gross margin of 25.6 percent. Spotify is still posting operating losses, with Q4’s pegged at $85 million, with its loss per share now at $1.26. Spotify also acquired Bill Simmons’ sports and pop culture website and podcasting network The Ringer. Continue reading Spotify Still Dominates Podcast Space, Acquires The Ringer

ETC Recognizes ‘Wonder Buffalo’ Creators for Innovative Tech

The Entertainment Technology Center at USC, through its Project Cloud initiative, has selected filmmaker Christine Berg and writing partner Simon Shterenberg to receive the 2016 Innovative Technology Award for their AR/VR/Cloud-based project, “Wonder Buffalo.” Berg and Shterenberg developed the script at the Writers Guild Foundation’s Veterans Writing Program, which pairs military veterans with WGA film and television writers. “Wonder Buffalo” is the third short to be produced through ETC’s Project Cloud to explore and test next-gen production processes and technologies. Continue reading ETC Recognizes ‘Wonder Buffalo’ Creators for Innovative Tech

Battle for the Net: Internet Slowdown Generates Big Numbers

Public interest groups and tech companies participated in an Internet “slowdown” yesterday to raise awareness of the potential impact to net neutrality and an open Internet if slow lanes were to result from proposed FCC rules. It was not an actual throttling of Internet speeds, but a campaign in which sites featured messages about the issue and symbolic “loading” icons. Thousands of websites urged their users to take action. As a result, the FCC received a record 1,477,301 public comments. Continue reading Battle for the Net: Internet Slowdown Generates Big Numbers

Writers Guild Cautions Against Stiff Copyright Enforcement

A statement from the Writers Guild of America West raises the group’s concerns regarding copyright infringement fees and agreements, digital sales and other related issues. The letter particularly references the “notice and takedown” system of copyrighted material shared on the Web, noting that the system’s intentions are good, but may also cause potential harm. The statement was written in response to a recent green paper on copyright policy. Continue reading Writers Guild Cautions Against Stiff Copyright Enforcement

USC and AFI Lead THR Ranking of Top Film Schools for 2013

The Hollywood Reporter has released its third annual ranking of the Top 25 Film Schools. This year’s top spots went to USC, AFI, NYU, UCLA and CalArts. THR editors evaluated graduate and undergraduate programs nationwide, and consulted with industry insiders to rate the programs. More than 600 anonymous ballots were submitted by members of the Writers Guild of America West, American Cinema Editors and the Academy of Television Arts & Sciences. Continue reading USC and AFI Lead THR Ranking of Top Film Schools for 2013