- A children’s advertising watchdog is going after Roblox (GamesIndustry.biz)
- Sky expands its content deal with Sony and picks up the new Spider-Man movie (Deadline)
- Disney+ sets premiere dates for Marvel’s Echo and season two of Loki (GameSpot)
- India’s video streaming market is at a turning point and ready for shake-up, says one analysis firm (Variety)
- Avatar: The Way of Water counts down to a release date on Disney+ and Max (Deadline)
- Time spent watching YouTube on TVs climbed in April, Nielsen finds (Variety)
- Amazon is developing a new multiplayer game based on The Lord of the Rings (TechCrunch)
- Banijay has hired a former Twitter exec to oversee its digital expansion (TBI Vision)
- 400 million new subscribers are expected to funnel into the global SVOD market by 2028 (TBI Vision)
- …Meanwhile, Netflix plans to cut US$300 million in spending this year (WSJ, subscription)
- The first-ever Jumanji theme park has opened in the UK (Variety)
- Here’s how educators are responding to ChatGPT’s meteoric rise (EdSurge)
- NBCU’s Linda Yaccarino will succeed Elon Musk as Twitter’s CEO (WSJ, subscription content)
- A new report finds that pay-TV penetration in the US is down to its lowest point since 1992 (Variety)
- Why audio companies remain bullish, despite ad revenue for podcasts slowing down (Digiday)
- Mattel partners with Boss Beauties to launch a Barbie-based NFT collection (Entrepreneur)
- Europe’s box office generated US$5.5 billion last year, boosted by Avatar and Minions sequels (THR)
- …and here’s how Spain is setting itself up as a top animation hub (Variety)
- Sony Pictures Television and WBD extend their Central Eastern Europe content agreement (Broadband TV News)
- Netflix’s upfront for advertisers makes a last-minute pivot to virtual (Deadline)
- Paramount slashes 25% of its domestic cable workforce, shuttering MTV News (CNN)
- BuzzFeed leans into AI following a Q1 revenue decline (THR)
- PlayStation launches an initiative for indie game developers in India (Games Industry Biz)
- The American Psychological Association issues a health advisory on teen social media use (TechCrunch)
- Australia raises its Location Offset for international film and TV productions to 30% (Deadline)
- Amazon sets up new unit to sell original series and films to other outlets (THR)
- Nintendo sees full-year profits decline by 6.4% to US$6.6 billion (Games Industry Biz)
- Former Salto managing director Thomas Follin joins Canal+ Group (DTVE)
- Nickelodeon is revamping its look with the return of nostalgic art (Adweek)
- Guardians of the Galaxy Vol. 3 earned US$282 million at the box office this weekend (Variety)
- Disney and WB Television among the studios reportedly suspending overall deals with talent (Deadline)
- Ex-Yahoo CEO says Netflix or Hulu would have been a “better acquisition” than Tumblr (The Verge)
- These are the costs and challenges of running a modern-day movie theater (IndieWire)
- The AMPTP rejects claims that WGA members are working in a “gig economy” (Variety)
- AMC Entertainment blows past its Q1 sales projections by 20% (Deadline)
- The US government will invest US$140 million to launch seven new AI R&D centers (Engadget)
- Star Wars: Visions filmmakers share how they brought local influences to a galaxy far, far away (Cartoon Brew)
- Iconic comic book artist and publisher Jim Lee re-ups as president of DC Comics (THR)
- British writers working for Disney and Netflix get caught in limbo during the WGA strike (Variety)
- E-commerce giant Shopify cuts workforce by 20% and sells its logistics business (Bloomberg)
- The UK’s antitrust regulator is reviewing the risks and opportunities of generative AI models (Tech Crunch)
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