Disney announced it plans to purchase the remaining one-third stake in Hulu from Comcast’s NBCUniversal in a move that has been widely expected. The announcement follows Disney’s acquisition of Fox’s entertainment assets in 2019, which gave the entertainment giant two-thirds of streaming service Hulu. Disney, which is expected to pay at least $8.61 billion for the remaining stake, currently offers the Hulu service as part of a streaming bundle with its Disney+ and ESPN+ platforms. “The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” explained the company in a press release. Continue reading Disney to Purchase Remaining Stake in Hulu from Comcast

YouTube Music is rolling out an experimental feature that lets English-language users tap artificial intelligence to generate cover art for their playlists. Without leaving the app, creators can now “effortlessly explore from a range of visual themes and options to create one-of-a-kind cover art,” YouTube explains, adding the feature would be rolling out in different languages. That was one of a series of new personalization and discovery tools the streamer recently announced. The company is also adding “speed dial” so music fans can effortlessly revert to their favorite recent listening experiences. Continue reading YouTube Music Experiments with AI for Generating Cover Art

Spotify will reportedly change its royalty payout formula beginning next year in an effort to cut out scammers and more equitably distribute funds among “legitimate artists” and rightsholders. As a result, it is estimated that about $1 billion in royalty payments will be redistributed over the next five years. The streamer is considering setting a minimum number of annual streams to qualify for royalty payments — which is generating controversy — as well as sanctions on distributors and labels determined to be fraudulently manipulating streams, and adding a playtime threshold that targets so called “noise tracks” designed to emulate music. Continue reading Spotify to Introduce New Version of Its Royalty Payout Model

After launching a subscription-only music streaming service in territories around the world this past summer, TikTok is now moving into concerts and e-ticketing. The ByteDance company’s first live global music event will be “TikTok In The Mix,” featuring Cardi B, Niall Horan, Anitta and Charlie Puth, along with surprise guests and new artists from the TikTok Elevate program. Taking place December 10 at Sloan Park in Mesa, Arizona, the show will integrate elements of the For You feed, with “a range of activities inspired by the TikTok community’s favorite trends.” Continue reading TikTok Dives into Live Music with Its First Concert Experience

A group of Democratic senators are asking the FCC to explore applying cable and broadcast regulations to streaming outlets in order to ensure local stations are not left behind by the new platforms. In a letter to the five FCC commissioners, 20 lawmakers express “concern for the future of the media market and our constituents’ ability to access broadcasters’ unique locally-focused content on streaming platforms” such as “virtual MVPDs” — services like Sling TV, Verizon FiOS and Hulu that aggregate linear channels on the Internet. The issue has gained attention due largely to the trend toward cord-cutting. Continue reading Senators Ask FCC to Apply Retransmission Rules to VMVPDs

Alphabet is developing an AI tool that would let creators generate music in the voice of famous recording artists. Lyor Cohen, global head of music for Google and its YouTube subsidiary, has reportedly been in discussions with music labels for several months about obtaining the rights to use songs by major artists to train an AI model in this manner. The discussions continue, but not without raising concerns in the music business. Meanwhile, other AI tools are already generating new content, but not without facing some resistance. The use of artificial intelligence to generate creative works in the style of others is being hashed out in the courts. Continue reading Music Industry Considers Impact of AI as New Tools Emerge

Netflix can chalk up another solid quarter, with Q3 revenue of $8.5 billion, up 8 percent year-over-year, with 9 million new subscribers for a total of 247 million worldwide. Netflix attributes the strong subscriber growth in part to its ongoing password-sharing crackdown. The company has now officially rolled out what it calls “paid sharing” in all regions in which it operates, reporting that there were fewer resulting cancellations than expected. Rather, it says it has largely effectuated its desired result of converting piggybacking customers into paid subscribers. Meanwhile, Netflix is raising its rates as it continues to add originals and “license titles from around the world.” Continue reading Netflix Raising Rates After Profitable Q3, Subscriber Growth

Spotify has launched an in-app dedicated Merch Hub that will offer personalized purchase recommendations based on listening habits. Previously, the music streamer’s shopping opportunities were through artist profile pages as well as via the Now Playing view and new release pages. Now, “instead of having to browse artist by artist, this update makes it easier than ever to access all artist merch in one place,” Spotify says. Last year, the streamer reported “the highest-grossing merch sales week for artists in Spotify history” in its annual Wrapped report. Continue reading Spotify Offers ‘Merch Hub’ for Recommendations and More

YouTube has introduced three dozen new features that do everything from improve mobile playback and search to expand creator tools. When the words “like and subscribe” are uttered by creators, the buttons will respond with animations. Bigger preview thumbnails and a “lock-screen” feature designed to prevent mishaps are also in the new toolset. The improvements build on the “new look and feel” YouTube debuted last year, adding “more modern design elements and features that helped our viewers feel more immersed,” the company says. Some of the improvements target smartphones and connected TVs, while others are for the web app. Continue reading YouTube Adds Dozens of Mobile Playback, Creator Controls

Netflix is expanding its cloud gaming test to the U.S. after initially deploying trials in Canada and the United Kingdom. The streaming game service builds on mobile gaming efforts the company began in 2021 and is now targeting games on connected TV devices and smart TVs, including Roku, Chromecast, Fire TV, and others, with mobile phones serving as game controllers. Netflix has made no secret of its intention to make games a major part of its business, and this next step is being called a bid to take on game giants Sony PlayStation and Microsoft Xbox.
Continue reading Netflix Streaming Game Test Expanding to U.S. TVs and PCs

NBC Sports Next has launched a subscription amateur sports streaming service geared toward the youth market. SportsEngine Play will also offer a free tier for live and on-demand content centered on its target audience. The service leverages the technology acquired with Rapid Replay, a streaming startup purchased by NBC in September 2022. The new service is among a dozen related brands NBC has purchased over the years, including a specialty software company called Sports Ngin that the company bought in 2016 to make apps for youth sports organizations and leagues. Continue reading NBC Streamer SportsEngine Play Targets $37B Youth Market

Sony Pictures Entertainment’s Crunchyroll and Game Show Network (GSN) have teamed to launch the Crunchyroll 24-hour anime streaming service. The new FAST channel will be available in the U.S. on Amazon Freevee, LG Channels, the Roku Channel and Vizio’s WatchFree+. Crunchyroll has been delivering East Asian content to U.S. audiences since 2006. In 2016 it partnered with Funimation, which also specialized in Japanese content. Sony acquired Funimation in 2017 and Crunchyroll in 2021, merging the two last year. Continue reading Crunchyroll and GSN Launch a FAST Channel for Anime Fans

BBC Studios, which first entered the FAST space in 2019, announced a deal with ad-supported video-on-demand streamer Amazon Freevee, which will exclusively provide five new FAST channels for U.S. audiences starting October 17. The editorially-curated FAST channels will feature more than 1,000 hours of content across categories including comedy, science fiction, game shows, travel and crime dramas. Thus far, BBC has launched 17 FAST channels in the U.S. Freevee content is available via its Android and iOS apps in addition to Fire TV, Prime Video and numerous smart TVs and delivery platforms. Continue reading BBC Studios Offers Five FAST Channels on Amazon Freevee

Xumo, a joint venture between Comcast and Charter Communications, has begun rolling out its Xumo Stream Box to Charter’s Spectrum customers, with plans to bring it to Comcast’s Xfinity homes soon. The Xumo Stream Box is powered by Comcast’s Entertainment Operating System (EOS), designed to simplify the process of finding content, regardless of where it resides. “Xumo is streaming simplified, bringing a live TV experience together with all the top apps,” Charter President of Product and Technology Rich DiGeronimo said of the new device. Xumo Stream Box can be used to find, discover and select content on-demand using voice control. Continue reading Comcast-Charter Venture Starts Shipping Xumo Stream Box

Roku TV and the Roku player are getting new features including better search and discovery to complement its more than 400 free live linear TV channels. The upgrades will begin rolling out with the introduction of Roku OS 12.5 in the coming weeks. Highlights include the ability to follow a favorite sports team, new music channels and the ability to link Roku’s Photo Streams image-based screensaver to a Google Photos account, so personal pictures can be displayed between viewing events. The changes are across a wide range of features targeting sports enthusiasts and others, including technical purists and casual viewers who need help finding entertainment options. Continue reading Roku Adds New Search, Sports, Music Features with OS 12.5