entertainment

AI is helping the streaming platform cut animation costs by up to 40% as it expands its local IP pipeline and explores new formats.

Pia Barlow, a 17-year HBO veteran, is joining Amazon MGM Studios in a new VP role.

The company reported second-quarter result broadly in line with the estimates but projected third-quarter revenue of US$12.86 billion.

The assets will be grouped under a new platform called IDN Bloc, as the company expands its culture and entertainment business.

The company said its entertainment ticketing business posted 56% quarter-on-quarter gross revenue growth in Q1 2026.

Paramount’s US$31 per share offer includes a US$2.8 billion termination fee to Netflix.

Tencent, a Shenzhen-based tech and gaming firm, had previously committed US$1 billion to the acquisition proposal.

Trump said that Netflix’s market share would “go up by a lot” if the deal goes ahead.

Recent examples include the viral AI-composed song “Say Một Đời Vì Em,” AI-generated singers, and the game show “AI là ai?”.

The stock fell to US$23.80 on November 21, drop 7.7% from its initial public offering price of US$25.80.