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Netflix reports Q4 revenue up 16% YoY to $10.2B and 301.6M global subs, adding 18.9M subs, more than doubling Wall Street estimates; NFLX jumps 13%+ after hours — - Netflix is raising subscription prices in its biggest market — Report marks the end of regular quarterly customer updates
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Nielsen: Netflix captured 8.5% of all US streaming viewership in December 2024, its highest share since July 2023, in part due to NFL games; YouTube had 11.1% — Netflix's Christmas Day NFL experiment seems to have paid off. — According to data released by Nielsen's “The Gauge” …
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Netflix raises prices in the US, Canada, Portugal, and Argentina; the standard US plan rises from $15.49 to $17.99, standard with ads jumps a dollar to $7.99 — The company said those results were buoyed by programming in recent months that exceeded internal expectations.
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MrBeast joins an investor group led by Employer.com founder Jesse Tinsley in an all-cash bid to acquire TikTok US operations; several groups have shown interest — - YouTube star is part of investor group run by Jesse Tinsley — TikTok has less than three months to sell or face a US ban
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CNN, Bloomberg Law, @alextecplayz@techhub.social, Game Rant, Ken Klippenstein, Sky News and @mrbeast, more at Techmeme »
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ByteDance-owned video editing app CapCut is now working in the US, but is still not in app stores, after Trump signed an EO attempting to pause the TikTok ban — CapCut, the ByteDance-owned video editing app that's subject to the same ban as TikTok, is working again in the US.
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Donald Trump signs an EO pausing the TikTok ban for 75 days to give ByteDance more time to reach a deal and aims to protect TikTok's providers from liability
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Philip Rucker, the Washington Post's Pulitzer Prize-winning national editor, joins CNN as senior vice president of editorial strategy and news — - Rucker, a Pulitzer Prize-winning journalist, has been with the paper for two decades. … - He will help manage newsgathering efforts around politics …
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Variety, New York Post, CNN, @cnnpr, @sweetmelissarva.bsky.social, @stevenjcbuckley.bsky.social, The Wrap, TVNewsCheck, Deadline, The Hill, @dylanbyers, @sarafischer, The Desk and Barrett Media
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Omdia: by the end of 2024, TikTok generated ~$8B in ad revenue in the US and $63.3B globally, and surpassed 1.9B MAUs globally, including 145M MAUs in the US — By the end of 2024, TikTok has generated approximately $8 billion in ad revenue in the U.S.
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Source: Rupert Murdoch's News Corp has made a settlement offer to Prince Harry to avoid a trial over alleged illegal activities and coverups at its tabloids — LONDON — Rupert Murdoch's British publishing arm has made a substantial settlement offer to Prince Harry and a senior lawmaker …
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Parrot Analytics estimates Severance season 1 earned $200M+, with ~50% coming in the year following the finale; Ted Lasso generated $609.4M from Q3'20 to Q3'24 — Parrot came to these figures via its Content Valuation methodology, which uses a formula to correlate audience demand with subscribers and therefore revenue.
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The Streamable, AppleInsider and 9to5Mac, more at Techmeme »
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Forbes executives detail how the outlet is drawing on a range of revenue streams, including events, online subscriptions, and direct-sold advertising — The senior leadership team at Forbes has explained how the business title is drawing on a range of revenue streams such as events, online subscriptions and direct-sold advertising.
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Brendan Carr, author of Project 2025's FCC chapter, is now officially FCC chair; Olivia Trusty, a third GOP vote on the five-member agency, awaits Senate OK — Brendan Carr is now formally the chair of the Federal Communications Commission, giving him the power to set the agency's agenda …
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Sources: The New York Times is exploring bundled subscription partnerships for its lifestyle products with smaller publishers, to expand its US subscriber base — - Examples of international subscription bundle partners include El País in Spain, Corriere della Sera in Italy, and Politiken in Denmark.
Discussion:
Sara Fischer on LinkedIn, @sarafischer and @benmullin
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Meta says it will offer eligible TikTok creators free verification, content deals, and up to $5,000 in bonuses to post Reels — Meta is luring TikTok creators over to its platforms with the promise of cash bonuses, content deals, and support to grow their communities.
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