Jae Lee is the CEO and co-founder of Twelve Labs, a platform that gives businesses and developers access to multimodal video understanding. The huge explosion of generative AI models for text and images has recently become unavoidable. As these models become more and more capable, “base model” is a relatively new term in use. So … Read more
Disney, the global entertainment conglomerate that operates several 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, targeting viewers in India and Southeast Asia, lost 4.6 million subscribers in the aforementioned … Read more
In a major move from Disney, the company announced on Wednesday that US customers will get a new app that combines Disney+ and Hulu content. The company also announced that it will increase the price of the Disney+ ad-free tier later this year. During Disney’s quarterly earnings call, CEO Bob Iger revealed that the new … Read more
As Disney approaches its third round of expected layoffs and deals with production delays due to the ongoing writers’ strike, the company brought more bad news to investors. The main streaming service, Disney+, lost four million subscribers in the second quarter of 2023, bringing the total to 157.8 million subscribers, compared to 161.8 million subscribers … Read more
After aggressively promoting its new lifestyle social media platform Lemon8 in the US, ByteDance appears to be brewing another content app for its largest overseas market. Lemon Inc., a subsidiary of ByteDance, has filed a trademark application for a range of book publishing products and services, according to a filing with the United States Patent … Read more
Amazon announced on Monday the launch of its new Amazon MGM Studios Distribution unit, which will allow the company to license Amazon Originals and other titles to third-party media companies, including streaming services (free, with ads or subscription) and cable television. For the first time, titles such as ‘The Marvelous Mrs. Maisel’, ‘Borat Latere Moviefilm’, … Read more
Music streaming platform SoundCloud today launched a new tool to help artists better communicate with their fans. The new product, conveniently called Fans, allows artists to message their followers and sort their listeners through various engagement measures. SoundCloud said the Fans product was available to 10,000 artists and now with this beta it’s open to … Read more
Warner Bros. Discovery announced on Friday that its streaming business will turn a profit in 2023. The company previously said it expected to break even in 2024 and become profitable in 2025. “It’s an important time for Warner Bros. Discovery. We’ve been through some major restructuring and repositioned our businesses with greater precision and focus,” … Read more
A few weeks before Warner Bros. Discovery launches its new HBO Max/Discovery+ streaming service, Max, BlogRanking spoke with WBD chief technology officer Avi Saxena and chief product officer Tyler Whitworth about building the new platform from the ground up, rolling out new features, improving the functionality, adding new technology and designing the product. They also … Read more
Google is celebrating Star Wars Day with a special Easter egg featuring Grogu, also known as Baby Yoda. When you type “Grogu” or “Baby Yoda” into the Google search bar, the character appears in the bottom right corner of your screen. Once you click on him, he will use the Force to turn off the … Read more