YouTube Releases Global Trends, Personalized Music Recaps

YouTube’s Global Culture & Trends Report for 2024 is out, providing a snapshot of the year’s trending topics, top songs and leading creators from across the globe. The Paris Olympic Games appeared on 10 of 12 countries’ trending topics lists, “emphatically illustrating that non-digital-native franchises can thrive in a digital culture,” YouTube says. “Deadpool & Wolverine” is another such example. Also hot in 2024, “digital franchises” — independent creator content driven to success by online communities. Examples include Roblox’s viral “Dress to Impress” fashion game and the animated series “The Amazing Digital Circus.” Continue reading YouTube Releases Global Trends, Personalized Music Recaps

Disney Ends Fiscal Q4 Strong Thanks to Movies and Streaming

The Walt Disney Company’s revenue rose to $91.4 billion for its fiscal year 2024, which ended September 28, a 2.8 percent increase from 2023. For the fourth quarter, revenue rose 6 percent to $22.6 billion, in line with analysts’ expectations. Company-wide, net profit climbed 74 percent in Q4, to $460 million, thanks largely to the strength of the streaming and theatrical film units. Improvements in the Disney+, Hulu and ESPN+ businesses marked the streaming sector’s second consecutive quarterly profit. Net profit for the year was a tick under $5 billion, up a whopping 111 percent from 2023. The results sent Disney shares up 6.2 percent on Thursday. Continue reading Disney Ends Fiscal Q4 Strong Thanks to Movies and Streaming