Top Stories

A Rebranded ‘Paramount+ with Showtime’ Will Roll Out Soon

Paramount Global will be fully integrating Paramount+ and Showtime across both streaming and linear platforms later this year, according to president and CEO Bob Bakish, who said both the premium streaming tier on Paramount+ and the Showtime linear cable network will be known as “Paramount+ with Showtime” in the U.S. Pricing was not disclosed. In September, the studio began offering Paramount+ bundled with Showtime for prices ranging from $11.99 to $14.99 for premium. Paramount+ with Showtime will include Showtime original content, while Showtime will also get some Paramount+ original fare. Bakish said details will be shared in upcoming weeks. Read more

Manufacturers Are Impacted by Sagging Memory Chip Prices

Memory chip prices have plummeted this past year, with continued declines expected through Q2. The painful supply chain shortages of 2020 have been replaced, in many instances, by inventory gluts, with some chipmakers talking about scaling back expansion plans. The average price for memory chips used in consumer electronics — from TV sets to smartphones and personal computers — are expected to dip by double-digits in Q1, analysts say. In 2022, prices declined by 20 percent starting in Q2. TrendForce predicts inflation and high interest rates will continue to suppress corporate and consumer spending on electronic devices, including data servers. Read more

Crypto Meltdown Renewing Regulatory Interest on Capitol Hill

The FTX crash and ensuing fallout has fueled efforts by Congress and federal regulators to rein in the cryptocurrency business, which caused massive investment losses this past year. Senator Sherrod Brown (D-Ohio) and Congressman Patrick McHenry (R-North Carolina) are among those leading the charge to put consumer safeguards in place. McHenry in January became chair of the House Financial Services Committee. Legislators are also calling for robust enforcement of existing laws, which the crypto industry has been resisting. Senator Elizabeth Warren (D-Massachusetts) said Congress needs the resources “to be an effective cop on the beat.” Read more

Google’s MusicLM AI Can Generate Tunes from Text Prompts

Google is introducing a new artificial intelligence app called MusicLM that creates music in any style or genre based on text prompts and can translate a whistled melody or casually hummed snipped into instrument sounds. TechCrunch calls the technology “impressive” but says the Alphabet company “fearing the risks, has no immediate plans to release it,” in recognition of the controversy surrounding AI models trained using copyrighted material. MusicLM was created using a dataset of 280,000 musical hours, resulting in the ability to generate minutes-long songs of “significant complexity.” Read more

Watermark-Erasing AI Worries Photographers, Other Creatives

A new artificial intelligence service offering free watermark removal from photographs is causing worry among copyright holders. Photographers took to Twitter to complain about this threat to their livelihoods while the creative community at large pondered the broader implications for AI infringement on intellectual property rights — a central aspect of discussions involving ChatGPT, which was trained using privately held as well as public domain data. Available to download as an app from sites including Product Hunt and the Google Play Store, the WatermarkRemover.io app itself is legal, while some of its potential uses are not. Read more

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