Reed Hastings is transitioning from co-chief executive to executive chairman of Netflix, with Greg Peters, who was instrumental in launching the platform’s new ad-supported tier, stepping up from COO and chief product officer to serve as co-CEO with Ted Sarandos. Hastings co-founded Netflix in 1997 and has run it ever since, transforming the company from a DVD-by-mail rental outfit to the world’s dominant streaming service. The C-suite shift comes as Netflix announced it beat its forecast for subscriber gains, ending Q4 with 230.8 million paid subscribers globally, news that spiked Netflix shares nearly 7 percent. Continue reading Reed Hastings Transitioning to Executive Chairman of Netflix

The Samsung Odyssey Neo G9 is a 1000R curved 57-inch gaming monitor that uses quantum mini-LED technology for pixel resolution of 7,680 × 2,160 at 32:9. Announced in November as the first monitor with DisplayPort 2.1 support, it has 240Hz refresh rate and connects with the Samsung Gaming Hub for cloud gaming. Samsung, which is calling the Neo G9 “the world’s first single monitor with dual ultra-high-definition resolution,” says it will ship later this year and did not announce pricing. The company also announced the 49-inch Odyssey OLED G9. Continue reading CES: Samsung Neo G9 Curved Gaming Monitor Wows Crowd

Samsung has introduced its 8K Premiere ultra-short throw projector that CNN calls a “first-of-its-kind.” The projector, and update to the company’s 4K Premiere, supports a maximum picture of 150-inches for a massive screen. Native 8K remains a ways off, but the system artificially up-rezzes 4K content while future-proofing. Sitting just inches from a screen or wall, with Dolby Atmos, the unit minimizes wires and auxiliary equipment, which has been a trend at CES 2023. Due for release later this year, pricing was not announced, but the 2020 model that this one builds upon started at $3,500. Continue reading CES: Samsung 8K Premiere Projector Marks an Industry First

Nvidia announced during CES this week that it plans to roll out its RTX Video Super Resolution feature in February for web video content viewed through Google Chrome and Microsoft Edge browsers. The company promises AI upscaling up to 4K quality, but the feature requires a PC running a Nvidia 30- or 40-series GPU. The technology — which can upscale video with resolution between 360p and 1440p, including 1080p, and up to a 144Hz frame rate — has already been available on Nvidia Shield TV and Shield TV Pro streaming media players. However, introducing browser support should significantly increase its audience. Continue reading CES: Nvidia’s AI Upscaling Tech to Tackle Blurry Web Video

Insider Intelligence forecasts that 2023 will mark the first time since 2014 that the combined digital advertising market share for Meta Platforms and Alphabet will fall below 50 percent, indicating erosion of their “duopoly.” Projection of a 2.5 percent drop due to increased competition from rivals including Amazon, Apple, TikTok and Microsoft will put the pair at a projected 48.4 percent this year, according to the research group. While the trajectory is likely to garner negative media and investor attention, it is a plus from the perspective of fending off global antitrust attacks. Continue reading Digital Ad Share for Meta, Alphabet to Drop Below 50 Percent

In a lead-up to CES 2023, Lenovo has raised the curtain on new ThinkPad laptops, ThinkVision monitors, IdeaPad laptops, an IdeaCentre Mini desktop and the next-generation Smart Tab M9. The new devices focus on hybrid working environments and mobility, including lightweights, 2-in-1 models, and ultraportable laptops with the latest Intel Core processors. Those who work with a dual monitor setup may be intrigued by the new ThinkVision P49w-30 ultrawide, which measures 49-inch diagonally and sports a QHD IPS panel with a 2000:1 contrast ratio. Lenovo also unveiled accessories to help with hybrid workflow efficiencies. Continue reading Lenovo Product Demos at CES to Focus on Hybrid Workflow

Netflix is tooting its own horn for 10 years of Open Connect, an initiative designed to provide customers with improved technical performance. Since launching the program in 2012, Netflix has worked with global ISPs to optimize servers in high-density customer areas so programming will stream at high quality and with minimal lag time. Open Connect identifies the most efficient delivery route based on ISPs’ preferences, and ensures that the show or film is available on local servers ahead of time, ensuring access even when demand is at its highest, according to Netflix. Continue reading Netflix Open Connect Program Helps ISPs and All Networks

Spotify is estimated to have a one-third share of the global music-streaming market, and now the company is making a mark in B-to-B with Backstage, an open-source framework for building developer portals that is now in use by an estimated 200 companies, including American Airlines, Netflix, Roku, Epic Games, VMware and LinkedIn. Backstage centralizes management of engineering tools, resources and documentation — from CI/CD status and Kubernetes monitoring to API and library docs and more. While Spotify has made Backstage available free, it’s now introducing a package of five premium plugins via paid subscription. Continue reading Spotify Launches Premium Plugins for Backstage Framework

Disney+ has launched its anticipated ad-supported tier, Disney+ Basic, for $7.99 per month in the U.S., while the cost of its ad-free Premium subscription bumps up to $10.99 per month. The company has also reconfigured its bundles, adding the Disney Bundle Duo (Disney+ Basic with Hulu’s ad-supported plan) for $9.99 per month, and the Disney Bundle Trio Basic (Disney+ Basic, with ad-supported Hulu and ESPN+) for $12.99 per month. Disney says it’s launching “with more than 100 advertisers across all major categories.” An ad-free Disney Bundle Trio Premium is also being offered, for $19.99 per month. Continue reading Disney+ Rolls Out Basic Ad-Supported Tier and New Bundles

Amazon Prime Video has overtaken Netflix as the most popular OTT video service in the U.S., according to a new study by Parks Associates, marking the first time Netflix fell from No. 1 in the history of the company’s annual report. Peacock entered the top 10 list for the first time in 2022, debuting at No. 9, while Showtime dropped off. The research firm reports that 83 percent of U.S. broadband households have at least one OTT service, while 23 percent subscribe to nine or more OTT subscriptions. While Netflix, Prime Video and Hulu have traditionally held the top three spots, the list has recently become more varied due to an influx of new players. Continue reading Amazon Prime Video Knocks Netflix from Top Streamer Spot

YouTube’s U.S. Top 10 Trending Videos of 2022 were viewed more than 650 million times over 55 million hours, according to the platform, which said the channels hosting the top 10 collectively have more than 225 million subscribers. At No. 1, with more than 87 million views, was “so long nerds,” the farewell message from the “Minecraft” gamer known as Technoblade, who this year died of cancer at age 23. Actor Will Smith’s infamous Oscar smackdown of host Chris Rock, uncensored from Guardian News, was the second most viewed clip of 2022. Continue reading Technoblade and MrBeast Among YouTube’s Most-Streamed

Netflix is now live with its ad-supported tier, but company co-CEO Reed Hastings said he regrets not having launched it sooner. Speaking at The New York Times’ DealBook Summit, Hastings said he was preoccupied with digital competition from Google and Facebook. “I didn’t believe in the ad-supported tactic for us. I was wrong about that. Hulu proved you could do that at scale and offer customers lower prices,” Hastings told NYT columnist and DealBook founder and editor-at-large Andrew Ross Sorkin. “I wish we had flipped a few years earlier on that, but we’ll catch up.” Continue reading Netflix Expanding Previews as Ad Tier Gets Up and Running

More people than ever are using subtitles — often in their native language, to help follow-along with indiscernible audio, according to a study by language-teaching app Preply. Netflix released figures indicating more than 80 percent of its subscribers used subtitles (or closed captions) once a month or more. And the trend is not limited to seniors; younger viewers are about four times more likely to turn on subtitles. The prevalence of rear-facing, or downward-directed speakers in today’s ultra-thin TVs has compounded the problem, often resulting in worse audio than the old-fashioned TV sets, which had front-facing speakers. But there are other issues affecting TV audio. Continue reading Subtitles, Closed Captioning Popular Among Young Viewers

Speculation is afoot as to the fate of popular subscription streaming service Hulu, initially launched 15 years ago. Disney presently owns 67 percent of the company, and Comcast 33 percent. The two had agreed to come to terms of a sale by January 24, but now there is talk that Disney wants to resolve the matter sooner and is planning to buy out Comcast and integrate Hulu into Disney+, providing access to titles from Disney’s “Star Wars” and Marvel Universe franchises along with popular Hulu originals such as “Only Murders in the Building,” “The Great” and “The Handmaid’s Tale.” Continue reading Disney Could Be Planning to Create a Mega Bundle with Hulu

As it prepares for a crackdown on password sharing next year, Netflix has introduced a feature that lets subscribers kick-off interlopers who are piggybacking onto their accounts without paying. Accessed from the account settings tab, the new “Managing Access and Devices” functionality lets subscribers see a list of recent devices that have streamed from their account, letting them log-off any unauthorized users with one click. Netflix calls this new option a “much-requested feature” and says it is now available to global subscribers through their web browser, or on iOS and Android. Continue reading Netflix Offers a Feature to Let Subs Boot Unauthorized Logins