The two individuals who once ran MoviePass have been charged with engaging in a criminal scheme to defraud investors of Helios and Matheson Analytics (HMNY), a publicly traded company based in Florida and New York that invested and then took over the subscription-based movie ticketing service. Ted Farnsworth, former chairman and CEO of MoviePass parent HMNY, and Mitch Lowe, former MoviePass CEO, are each charged with one count of securities fraud and three counts of wire fraud. If convicted, the Florida men face possible prison time of 20 years per count. Read more

YouTube is getting ready to introduce a new feature called “Go Live Together” that allows qualifying creators to have a guest join their live stream. Initially available only via mobile, YouTube plans to eventually expand to more platforms and expand the number of participating creators. Although creators can only host one guest at a time, they can rotate them. Once you are invited, the guests’ stream will appear below the host’s. To activate it, creators will be asked to enter stream details, including a title, description, thumbnails, visibility and monetization settings. The move follows similar functionality introduced by TikTok and Twitch. Read more

Meta Platforms says its vision for the metaverse will rely heavily on compression technology “to deliver high-quality, uninterrupted experiences for everyone.” With that in mind, it’s trained its Fundamental AI Research (FAIR) lab on developing “hypercompression” solutions. First up is EnCodec, an audio technology it says compresses at 64 kbps, with no loss in quality, and at 10 times the efficiency of MP3. The EnCodec protocol has the potential to  greatly improve the sound and reliability of speech over low-bandwidth (like when your mobile phone is only getting one bar). It also works for music. Read more

Warner Bros. Discovery saw streaming subscriptions grow to almost 95 million globally in Q3 across HBO, HBO Max and Discovery+, propelled largely by “House of the Dragon,” the hotly anticipated “Game of Thrones” prequel. The buoyant performance prompted WBD CEO David Zaslav to announce on the earnings call that the company has accelerated the U.S. launch for the new streaming platform that combines HBO Max and Discovery+ to spring, rather than waiting until summer 2023 as originally planned. The growth translates to 2.8 million HBO, HBO Max and Discovery+ subscriptions added from Q2 to Q3 — 500,000 of them domestically. Read more

The new Apple TV 4K went on sale online and in stores last week, offering improvements over what some say is the best streaming hardware available. The 2022 model has an A15 Bionic processor, a significant update over the A12 inside the previous model, which shipped in May. A 16-core neural engine and added RAM are among the upgrades. Starting at $129 for Wi-Fi only with 64GB of RAM, there is also a higher-end $149 version with 128GB that is Wi-Fi and Ethernet compatible and has a Thread IoT modem that supports Matter. Read more