SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Digital Economy

Reed Hastings relinquishes co-CEO role to become Executive Chairman of Netflix

Published

on

Netflix Founder and co-CEO Reed Hastings is moving to the position of Executive Chairman, leaving the day-to-day running of the world's largest video streaming service to co-CEO Ted Sarandos and newly promoted Greg Peters, currently Chief Product and Chief Operating Officer, who will take the title of co-Chief Executive. Peters was responsible for the launch at the end of 2022 of Netflix's ad-supported tier in 12 different countries. In addition, Netflix named Global head of Television Bela Baja...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

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).

Copyright & Regulation

US Senators Marsha Blackburn and Peter Welch urge ByteDance to ‘shut down’ AI video tool Seedance 2.0 — Report

Published

on

US Senators Marsha Blackburn and Peter Welch are calling for Chinese company ByteDance to "immediately shut down" its AI-powered video-generation tool Seedance 2.0 and "implement meaningful safeguards to prevent further infringing outputs." The two policy-makers made this request to ByteDance CEO Liang Rubo in a letter seen by CNBC. They describe Seedance as "the most glaring example of copyright infringement from a ByteDance product to date" due to its ability to generate videos copying existin...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Digital Economy

Spotify paid out $11bn to rights holders in 2025, up 10% from 2024; close to 14,000 artists generated at least $100k

Published

on

Spotify earned for another year the status of "highest-paying retailer globally" with over $11 billion distributed to rights owners in 2025, up by more than 10% year-over-year, according to the streaming services' latest Loud&Clear posting. Spotify accounts for about 30% of global recorded music revenue, up from less than 15% in 2017.

(Source: Spotify)

Since its launch in 2006, the Swedish platform has paid out nearly $70bn to rights holders. Spotify claims that these payouts "aren’t conc...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Digital Economy

Alfons Karabuda joins the board of Servo’s parent MusicDataLabs Sweden

Published

on

Swedish composer Alfons Karabuda has joined the board of MusicDataLabs Sweden, the company behind Servo.music, the synch licensing platform created by Max Flach and Greger Hagelin. Karabuda is the Honorary President of the European Composer and Songwriter Alliance (ECSA), Chair of the Polar Music Prize Award Committee, and former President of the International Music Council and music rights society Skap. “As much as I enjoy speaking my mind, words alone have only ever interested me when they lea...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Trending