Streaming

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

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

The regulator alleges these terms allowed Amazon to add ads to Prime Video in July 2024, forcing annual subscribers to either accept ads or pay.

Roku’s advertising revenue rose 27% year on year to US$613 million in the first quarter.

Netflix is testing a conversational search tool in a small, opt-in beta for iPhone and iPad users.

The requirement rises to 110 million euros (US$129 million) if Prime Video releases at least one film on the service within 12 months of its theatrical debut.

It expects operating income of 630 million euros (US$738 million) and 299 million premium subscribers.

It also plans to spend about US$20 billion on films and television in 2026 after dropping a deal for Warner Bros Discovery assets.

IQiyi launched Nadou Pro, an AI tool for scriptwriting, storyboarding, and video rendering.

Netflix’s Q1 earnings per share rose to US$1.23, with revenue climbing 16% to US$12.25 billion.