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Digital Economy

Netflix keeps adding new sign-ups

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3 months ago

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Netflix's growth in subscribers has been impressive since the video streaming service announced at the end of 2022 that it will start to crack down of password sharing and does not seem to be slowing down.

In the second quarter of 2023, the company added six million new subscribers globally. The trend seems to have continued in July 2023 where in the US alone, Netflix led the SVoD category with nearly 1 in 5 Premium SVoD Gross Adds, according to research company Antenna.

In other words, ...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

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Creative Industries

Quotes of the Week — Week 46, 2023

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December 1, 2023

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"When I decided to join Microsoft, it was clear that was the best path for me and the team. With the new board and with Satya’s (Nadella) support, I’m looking forward to returning to OpenAI, and building on our partnership with Microsoft."By Sam Altman, explaining on X why he is back at the helm of OpenAI three days after being sacked by the board, hired by Microsoft, receiving the support of 700 out of 770 Open AI employees, and re-hired as CEO of the company. Even ChatGPT would not have been ...

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Creative Industries

Key figures — Week 46, 2023

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3 days ago

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December 1, 2023

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$2.8 trillion

That's the market capitalisation of Microsoft, following the announcement that the tech company had hired Sam Altman a day after he was fired by the board of OpenAI. Microsoft's market cap is now worth over $1 trillion more than that of Google.

$40 billion

That's how much Spotify has paid in royalties to rights holders since its launch in 2008, according to a blogpost from the music streaming company.

26.1 billion

That's the total number of streams accumulated by Ta...

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Creative Industries

Main stories — Week

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3 days ago

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December 1, 2023

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These are the main stories published in the past week by Creative Industries News:

LEAD STORY> European Parliament’s Culture Committee adopts a report calling for ‘a fair and sustainable ecosystem for music streaming’

COPYRIGHT & REGULATION> Indie labels and performers’ organisations call for the EU to find a legislative solution to recording’s performance rights payments> Uruguay’s adoption of equitable remuneration criticised by Spotify and WIN> Europe’s AI Act c...

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