Netflix posted revenue of $45.2 billion in 2025, up 16% year over year, boosted by fourth quarter revenue of $12.1bn, up 17.6% over the same quarter a year prior, thanks to membership gain. Net income for the year was of $10.98bn. The video streaming platform reported ​325 million paid subscribers at the end of the year, up from 300 million for the same period of 2024, up 8.3% year-over-year. Cost of revenue for the 12 months reached $23.27bn, up from $21.3bn in 2024. In a call with analysts, Te...

Merlin, the digital music licensing society for independent labels and distributors, has signed a partnership with AI-powered music creation platform Udio.  This partnership establishes "a framework for licensing Merlin’s independent members’ repertoire to train AI models while protecting the value of real artistry and ensuring fair compensation." “As AI develops, it is critical to Merlin that we work with partners who respect artists, their work, and the requirement to license music,” said...

Universal Music Group (UMG) has signed a new strategic multi-year license agreement with China's music streaming service provide NetEase Cloud Music, in a deal that includes artist-centric provisions and terms covering artificial intelligence (AI). The deal makes the catalogue of artists and recordings by Chinese and international artists that are signed, released and distributed by UMG’s labels available across NetEase Cloud Music’s streaming platform and associated digital services in China. ...