Streaming
Netflix to cut about 1,000 jobs, biggest since 2022
In a memo, co-chief executives Ted Sarandos and Greg Peters said the company was being disciplined about how it prioritized people and resources.
Disney+, Vidio launch streaming bundle in Indonesia
The partnership comes as Disney has signaled plans to rebrand Disney+ Hotstar as Disney+ in Indonesia.
JioHotstar expands overseas with Singapore launch
Subscribers in Singapore will get programming from JioStar channels, including Star Plus, Colors, Star Vijay, and Asianet.
Indonesia’s Vidio aims to release 6 AI-generated titles in 2027
AI is helping the streaming platform cut animation costs by up to 40% as it expands its local IP pipeline and explores new formats.
Netflix shares fall 8% on weak Q3 forecast
The company reported second-quarter result broadly in line with the estimates but projected third-quarter revenue of US$12.86 billion.
Australia sues Amazon over unfair Prime Video ad terms
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.
US streaming platform Roku explores possible sale
Roku’s advertising revenue rose 27% year on year to US$613 million in the first quarter.
Netflix uses AI to tackle content overload
Netflix is testing a conversational search tool in a small, opt-in beta for iPhone and iPad users.
Amazon Prime Video faces higher France investment rules
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.
Spotify shares fall after weak Q2 outlook
It expects operating income of 630 million euros (US$738 million) and 299 million premium subscribers.


