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Whether you love or hate celebrity culture, the Met Gala is an event. Those less jaded among us get to see all of the biggest stars take their boldest fashion risks of the year; unlike an award show, it’s an event that encourages avant-garde extravagance. And if you find the whole thing vapid, then you
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Tubi, the ad-supported streaming service owned by Fox, launched a new beta program on Tuesday called “Stubios,” inviting aspiring filmmakers to submit their original content. Notably, applicants will receive feedback directly from fans as well as one-on-one guidance from actress Issa Rae, the creator of “Insecure.” The streamer has previously bet on upcoming filmmakers, accepting
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Vice was valued at $5.7 billion just six years ago, eyeing a potential IPO. Now, the trendsetting media company has filed for Chapter 11 bankruptcy. The company’s lenders — Fortress Investment Group, Soros Fund Management and Monroe Capital — have agreed to purchase the company for $225 million. That’s only about 4% of the company’s
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Amazon has reached a deal with Embracer Group, the company that holds the IP rights for “The Lord of the Rings” and “The Hobbit,” to release a massively multiplayer online (MMO) game based on the works of J.R.R. Tolkien. The upcoming game will be an open-world MMO adventure set in Middle-earth, featuring the stories of
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After the film “Dungeons & Dragons: Honor Among Thieves” became a hit, topping $200 million at the worldwide box office, Hasbro wants more. Hasbro-owned production company eOne announced Thursday that it is launching a new free, ad-supported streaming television (FAST) channel dedicated to the widely popular role-playing tabletop game. Variety was the first to cover
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Disney, the global entertainment conglomerate operating a variety of streaming platforms, suffered a 2% contraction in its total subscriber base for the quarter ending March this year. The decline is largely attributed to one specific streaming service: Hotstar. The Disney+ Hotstar platform, catering to viewers in India and Southeast Asia, lost 4.6 million subscribers during
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Music streaming platform SoundCloud is today launching a new tool to let artists engage with their fans better. The new product, conveniently called Fans, lets artists direct message their followers and sort their listeners through different engagement measures. SoundCloud said that Fans product was available to 10,000 artists and now will this beta release it
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TikTok is partnering with big-name publishers, including NBCU, Condé Nast, DotDash Meredith, BuzzFeed, and others, in an effort to pull in more premium ad dollars. At this week’s NewFronts, the video entertainment company announced a new premium ad product that would allow marketers, for the first time, to position their brand ads directly after TikTok’s
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The previously announced integration of Showtime into Paramount+ draws closer as the company reports its first-quarter fiscal earnings. Paramount+ with Showtime is set to launch in the third quarter. While the integration is anticipated to generate around $700 million in future annual expense savings, which Paramount announced last quarter, it also resulted in a programming
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In the must-watch final season of “Succession,” Kendall Roy enters a conference room with his siblings. As the scene opens, he takes a seat and declares: “Who will be the successor? Me.” Of course, that scene didn’t appear on HBO’s hit show, but it’s a good illustration of generative AI’s level of sophistication compared to
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At the 2023 IAB NewFronts event Tuesday, NBCUniversal revealed four new ad formats for brands to expand their advertising reach with Peacock Premium subscribers, including AI-powered shoppable ads, among others. The company also announced two new original films set to arrive soon on the streaming service. The first ad format that grabbed our attention was
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As part of this year’s YouTube Newfront presentation, the company announced Monday that it’s rolling out new ad formats to its short-form feature Shorts. For instance, the company is expanding Shorts into its video reach campaigns. Video reach campaigns use Google AI to improve reach by combining ad formats like skippable and non-skippable ads. With
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