Media & Entertainment

China has been investing heavily in its telecom infrastructure in recent years. A multi-country cable network is just the latest example of China’s growing competitiveness.

Amazon’s Audible tests ads in select audiobooks for nonmembers: The move could open up a significant new revenue stream if it takes off.

On today's episode, we discuss whether watching TV with other people ruins the potential of targeted connected TV (CTV) ads, who's winning the CTV advertising race, and how CTV stacks up against traditional TV ad spending. "In Other News," we talk about Netflix's road map for video games and what to make of its 1 million user milestone for its ad tier. Tune in to the discussion with our analyst Paul Verna.

The rumored Q Lite console will use Remote Play to stream PlayStation 5 games. It’s slated for a 2024 release and could help Sony compete in the mobile gaming market.

The world's largest electronics manufacturer reported its slowest revenue growth in over two years, due to lower demand and rising costs. A bad sign for consumer electronics.

Activision Blizzard one of many deals in geopolitical crosshairs: China is leveraging its antitrust review process to strike back over sanctions. Economic fallout for US companies could hinder tech innovation.

Spotify Live is no longer live: The audio leader has shut down its live audio app after difficulties competing with Clubhouse and Twitter Spaces and plans to expand its podcast offerings and advertising revenues.

The esports bubble has popped: Despite brands folding and laying off staff, there are few places where advertisers can reach gaming audiences.

So far this year, there’s been Google versus Microsoft and TikTok versus … well, everyone. But another battle is emerging as Amazon and Apple go head to head for ad dollars, streaming viewers, and the health vertical.

US may try to kneecap China’s quantum computing ambitions: The government is mulling semiconductor-style export controls that may be easily circumvented. Meanwhile, it could hurt domestic companies and inflame tensions.

Brands continue to engage younger customers in the metaverse: Despite recent setbacks and shifting industry focus, many are investing in creative campaigns and immersive experiences.

The publisher versus platform battle rages on: A lawsuit filed in the UK seeks billions in damages from Google for abusing its dominance of the ad market.

A double-whammy for TikTok: The embattled video app was fined for millions in the UK, and banned from Australian government devices.

50% of Americans support a government ban on TikTok, with higher support among Republicans and older Americans. Continued scrutiny could be TikTok’s downfall.

Cutting back international availability of 23 technologies used in semiconductors production makes future chipmaking efforts more difficult for China.

Through a multiyear agreement, PayPal will become Live Nation’s preferred payment partner.

UFC and WWE look to enter the sports streaming frenzy: The newly merged company will likely try to land several lucrative deals.

Netflix realizes sometimes less is more: The streamer will focus on releasing high-quality films and optimize its marketing efforts.

Paramount+'s partnerships and programming may boost growth in 2023: The streamer's Walmart+ collaboration is getting a national media campaign to boost awareness

Gaming consolidation and the economic downturn hit the industry hard. Startups and independent game studios stand to lose exposure.