After months of negotiations, Electronic Arts’s EA Sports and the FIFA World Cup governing body are parting ways after nearly three successful decades of game collaboration that generated tens of billions of dollars in revenue and helped popularize professional soccer around the world. Having decided not to renew the partnership with a new contract, the parties have agreed to extend the existing contract — which was to end in December after the World Cup in Qatar — through the summer of 2023 and the Women’s World Cup in Australia and New Zealand.
Continue reading FIFA and EA Sports Go Separate Ways After Long Partnership

Paramount Global’s worldwide streaming subscribers for Paramount+ and Showtime rose to more than 62 million in Q1, driven by Paramount+, which added 6.8 million for a total of close to 40 million, the company said in its earnings report. Paramount+ is poised to add the United Kingdom and South Korea to its global portfolio next month, Paramount Global CEO Bob Bakish told investors Tuesday. Paramount+ plans to launch in Italy, Germany, France and Austria in the second half of 2022, and in India next year. Pluto TV also grew, launching over 102 new channels internationally, totaling more than 1,000 global channels. Continue reading Paramount Global’s Streaming Subs Exceed 62 Million in Q1

AT&T’s Q1 quarterly earnings — the last to include results for WarnerMedia, which was offloaded to Discovery in early Q2 — reported good news about HBO Max and HBO, which AT&T said ended Q1 with global subscribers totaling 76.8 million, an increase of 12.8 million year-over-year, and a 3 million subscription increase from Q4 of last year. AT&T also disclosed that WarnerMedia’s Q1 operating income fell to $1.3 billion, a 32.7 percent decline year-over-year. Diminished WarnerMedia earnings were attributed in part to “investments incurred in launching CNN+,” which new owner Discovery announced will cease operations as of April 30. Continue reading AT&T Announces Subscription Growth for HBO and HBO Max

TikTok has launched a distribution platform for music creators, SoundOn. The all-in-one platform, which also offers marketing assistance, is designed to help artists develop and launch their careers. Released in beta last year, SoundOn has already gone live in the U.S., UK, Brazil and Indonesia, enabling music to be directly uploaded to TikTok and Resso, a music streaming platform ByteDance launched in 2020. SoundOn enables “artists to grow their fanbases, harness their creative voice and get their music heard worldwide,” TikTok says. Creators keep 100 percent of their streaming royalties in year one and 90 percent thereafter. Continue reading TikTok Launches SoundOn to Help Music Creators Monetize

Marvel series are moving from Netflix to Disney+. Beginning March 16, “Daredevil,” “The Defenders,” “Iron Fist,” “Jessica Jones,” “Luke Cage” and “The Punisher” will begin streaming from Disney+ in the U.S., Australia, Canada, Ireland, New Zealand and the United Kingdom. The Netflix licensing rights expired on February 28, reverting back to Marvel parent Disney. “Marvel’s Agents of S.H.I.E.L.D.” will also join the Disney+ streaming fold on March 16 after seven seasons on ABC. The seven series will be made available to the rest of the Disney+ global markets later this year. Continue reading Marvel Live-Action Series to Exit Netflix and Move to Disney+

The Disney+ streaming video service, which launched in November 2019 and is already available in 64 countries, plans to launch in 42 additional countries and 11 new territories sometime this summer. The announcement did not include exact release dates or regional pricing, but the scope of the expansion should help the platform jumpstart subscriber growth to better compete with other streaming services such as Netflix and HBO Max. The expansion plans should also steer Disney toward its previously predicted target of 230 million subscribers before the end of 2024. Disney+ already had 118 million global subscribers by the end of last year. Continue reading Disney+ Service to Debut in 42 More Countries This Summer

Microsoft ended Q2 for fiscal year 2022 on a high note, with sales up 20 percent to $51.7 billion, and net income rising 21 percent to $18.8 billion, beating analysts’ predictions. Cloud revenue grew 32 percent year-over-year, hitting $22.1 billion. Revenue in Microsoft’s Intelligent Cloud business was $18.3 billion, a 26 percent jump propelled largely by a basically flat 46 percent increase from Azure and cloud services. “Digital technology is the most malleable resource at the world’s disposal to overcome constraints and reimagine everyday work and life,” Microsoft chairman and CEO Satya Nadella said in the earnings release. Continue reading Lifted by Cloud, Microsoft Sales Jump 20 Percent for Quarter

A U.S. Court of Appeals has paved the way for Wi-Fi 6E, the biggest Wi-Fi upgrade in more than two decades, by upholding a 2020 FCC order to make 1,200MHz of spectrum in the 6GHz band available for unlicensed use. Poised to benefit are router manufacturers and those who make devices for home offices and IoT. FCC chairwoman Jessica Rosenworcel called the decision timely in the wake of COVID-19, when “so much of modern life has migrated online.” FCC commissioner Brendan Carr emphasized ancillary benefits, calling the additional spectrum “the oxygen needed to power 5G.” Continue reading U.S. Court Clears FCC’s Path for Seismic Wi-Fi 6E Upgrade

During Snap’s annual Lens Fest event, the company introduced new features and upcoming changes to its Lens Studio creation suite. Snap touted updates involving the integration of outside media and data in addition to a collection of new augmented reality features intended for future glasses, including its own AR-enabled Spectacles. Creators will be able to add audio clips and licensed music to Snapchat Lenses. The company is working on delivering real-time data such as weather info from AccuWeather and cryptocurrency prices from FTX. Developers will also have the ability to embed links inside Lenses and send Snapchatters to different websites. Continue reading Lens Fest: Snap Reveals New Augmented Reality Possibilities

The U.S. government has announced its plans to work with other nations to put restrictions on the export of surveillance tools to authoritarian countries such as China. The Biden administration says it would gather allies and start an initiative to regulate the export of surveillance tools. The initiative is planned to be discussed during a virtual gathering, Summit for Democracy, on December 9-10. Representatives from more than 100 democratic nations will be participating. The primary objective of the summit is to crack down on authoritarian governments from using cyber tools to violate fundamental human rights. Continue reading U.S. to Limit Exporting Surveillance Tech to Certain Countries

Locast, a non-profit organization founded by lawyer and former FCC legal advisor David Goodfriend, streamed local TV to those who couldn’t access local signals, declaring that U.S. copyright law allows third parties to boost local signals. Major broadcasters ABC, CBS, NBC and FOX disputed that claim, believing that Locast simply wanted to avoid carriage fees, and have now won a court battle finding that Locast violated their copyrights. The court also stated that Locast cannot use its non-profit status as a defense against further action. Continue reading Major TV Broadcasters Prevail in Court Case Against Locast

On August 13, Roku will debut 23 new Roku Originals, acquired from Quibi’s library, which will have an exclusive, ad-free run on the Roku Channel. Roku premiered 30 Quibi shorts in May. Among the new series are “Mapleworth Murders,” a “Murder She Wrote” spoof that earned three 2021 Emmy acting nominations. Roku head of original scripted programming Colin Davis, previously a Quibi exec, noted that, “the investment in Roku Originals is already paying dividends.” Roku has “about two dozen” more Quibi shows to roll out this year. Continue reading Roku Has Plans to Offer More Quibi Shows as Roku Originals

Reese Witherspoon’s media business, Hello Sunshine, valued at about $900 million, has sold to a unnamed firm supported by Blackstone Group, which is spending $500+ million in cash to purchase shares from existing investors, including AT&T and Emerson Collective. Terms of the deal were not disclosed. Former Disney executives Kevin Mayer and Tom Staggs will run the unnamed media company backed by Blackstone, while Witherspoon and chief executive Sarah Harden will join the board of the new venture and continue to oversee the day-to-day operations of Hello Sunshine. Continue reading Hello Sunshine Sold to New Media Company for $900 Million

As part of its plan to expand into gaming, video streamer Netflix has hired former Electronic Arts and Facebook executive Mike Verdu as its vice president of game development. At Facebook, Verdu worked with developers to bring virtual reality games and other content to Oculus headsets. At Netflix, Verdu will report to chief operating officer Greg Peters and is mandated with bringing video games to the Netflix platform within the next year. Sources said that Netflix does not plan on charging subscribers extra for gaming content. Continue reading New Netflix Hire Signals the Service’s Push into Video Games

Margrethe Vestager, executive vice president of the European Commission for A Europe Fit for the Digital Age, is calling for greater global alignment on tech regulation, noting “we do not have a global competition enforcer, but we have global companies.” Vestager added she was “really encouraged” by the Biden administration’s efforts to take similar actions in the U.S. with the 72 actions listed in his recent executive order that focused on Big Tech’s collection of data, surveillance practices and acquisitions of startups. Continue reading EU’s Vestager Calls for Aligned Global Regulation of Big Tech