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Netflix unveils a new homepage design for TVs, its first major update since 2013, featuring fewer titles but more video and animation, rolling out next week — The implications for the industry could be significant, given that most other streaming services have copied Netflix's design.
Discussion:
The Hollywood Reporter, Netflix Tudum, Netflix on YouTube, MacRumors, Benzinga, AppleInsider, Android Headlines, Media Play News, Josh Mateo on LinkedIn, Streaming Better, Patrick Flemming on LinkedIn, @lucas_shaw, @mhwilliams.bsky.social, Android Authority, The US Sun, NBC News, BGR, Fast Company, Bloomberg, Engadget, Variety and The Verge, more at Techmeme »
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Netflix unveils its ChatGPT-powered search that lets users express preferences using natural phrases, to be rolled out this week to iOS users as an opt-in beta — After hinting at a new AI-powered search experience during its recent earnings call, Netflix officially unveiled the feature at its tech and product event on Wednesday.
Jay Peters / The Verge:
Netflix says it plans to start testing a TikTok-like feed of vertical videos in its mobile app “in the coming weeks” to help users find more content to watch
Netflix says it plans to start testing a TikTok-like feed of vertical videos in its mobile app “in the coming weeks” to help users find more content to watch
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Fast Company, Mashable, @aerocles, Comic Book, WeRSM, Business Insider, @lucas_shaw, @reckless.bsky.social, CNN, TechCrunch and The Wrap, more at Techmeme »

Kari Lake says OAN will provide its newsfeed and video service “free-of-charge” to USAGM networks, including VOA, OCB, and Radio Martí — Senior presidential adviser Kari Lake appears to have resolved any doubts about what she wants to do with the Voice of America.
Discussion:
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In Q2, Disney says Disney+ subscribers rose by 1.4M to 126M, while Hulu rose by 1.1M to 54.7M, and operating income hit $336M, up from $47M in Q2 2024 — Despite gathering economic storm clouds, chief Bob Iger said the Mouse House remains “optimistic” about its current fiscal year guidance.
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Disney reports Q2 revenue up 7% YoY to $23.62B, streaming profit up 16% to $336M, and 180.7M streaming subscribers, up 2.5M from Q1 2025; DIS jumps 11%+ — Company says it is watching broader economic developments for any impact to its businesses — Disney's theme parks …

Sources: NYT reporter Rob Copeland filed a HR complaint against editor Ellen Pollock after she threatened to “kill” him if a Harvard story exceeded 2,000 words — Pamela Paul's new gig; Keith McNally censored; VERSANT vs Vaulter — In partnership with … Newsrooms plus pressure equals... more drama.

The NYT reports adding 250K digital-only subscribers in Q1, taking its total subscribers to 11.6M+; digital ad revenue rose 12.4% YoY to $70.9M — The company had nearly 11.7 million total subscribers at the end of March. Adjusted operating profit grew 21.9 percent compared with the same quarter a year ago.
Discussion:
Awful Announcing, PR Daily, Sports Business Journal, Benzinga, Adweek, Streaming Better, Reuters and TVNewsCheck
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Lionsgate Entertainment completes the separation of its studio and Starz into two standalone companies; Starz had 20M subs in US and Canada at the end of 2024 — Lionsgate Entertainment has completed the full separation of its studio and Starz businesses into two standalone, publicly-traded companies.

The Daily Dot laid off 15 people, or much of its staff, after a sudden and unexplained collapse in referral traffic starting April 10 that it couldn't fix — After a sharp and abrupt traffic collapse, the Daily Dot was forced to lay off much of its staff—and it may be a preview of the tough road ahead for digital publishers.

In a letter, nine US senators urge Shari Redstone not to settle Trump's $20B lawsuit, saying it will only embolden him to “extort” CBS and other outlets — The letter signed by nine senators urges Redstone to “Stand up for freedom of the press and our democracy.”
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Dear Media, the woman-focused podcast network launched in 2018, says it has between $51M and $100M in revenue and has raised $12M — Men dominate the top of the podcasting charts. As listeners, they slightly outnumber women, too. “Brocasters” and the “manosphere” have even become a media obsession, and for good reason.
Discussion:
The Information and @jtes

NBCU reaches an agreement that will allow it to sell Versant's US ad inventory for the next two upfront cycles — NBCUniversal is parting ways with many of its cable networks, but the company will continue to sell all the commercials that appear on those outlets for the next two years.
Discussion:
Advanced Television, Broadband TV News, MediaPost, Awful Announcing, The Desk, The Wrap, Axios, Deadline, Adweek, The Hollywood Reporter, Ad Age, TVNewsCheck and CNBC