As Netflix looks for new ways to slow its hemorrhaging subscriber base and younger entrants like Disney+ and Apple TV+ experiment with new strategies to drive engagement, the streaming wars are heating up, and 2023 shows no signs of slowing down.
THE STORY SO FAR
Looking back on 2022, it’s hard to deny that the streaming industry has become even more competitive. The question of who won the streaming game in 2022 is not a straightforward one, as the industry saw a significant shift in the way it operates, with Wall Street turning on the direct-to-consumer business model and wiping out more than $500 billion in market value for major media companies. Furthermore, the headwinds that the industry faced in 2022 are still present heading into 2023, making it a difficult task to declare a clear winner in the streaming game. Despite this, one company that stands out as a leader in the streaming market is Netflix. The company has been a dominant player in the streaming industry for a long time, and while it faced many challenges in the past year, it was still able to maintain its position at the top of the heap. Still, it’s worth noting that Disney+ managed to attract more new subscribers than Netflix in 2022 as it ramped up its sales and marketing strategies.
Denne historien er fra January 28, 2023-utgaven av Techlife News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 28, 2023-utgaven av Techlife News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Google's AI Model Faces European Union Scrutiny From Privacy Watchdog - European Union regulators said Thursday they're investigating one of Google's artificial intelligence models over concerns about its compliance with the bloc's strict data privacy rules.
European Union regulators said Thursday they’re investigating one of Google’s artificial intelligence models over concerns about its compliance with the bloc’s strict data privacy rules. The Irish watchdog said earlier this month that Elon Musk’s social media platform X has agreed to permanently stop processing user data for its AI chatbot Grok. The platform did so only after the watchdog took it to court the month before, filing an urgent High Court application to get X to “suspend, restrict or prohibit” processing of personal data contained in public posts by its users.
AUSTRALIA PROPOSES LEGAL MINIMUM AGE FOR CHILDREN ACCESSING SOCIAL MEDIA
The Australian government this week promised to legislate this year to enforce a minimum age for children to access social media, but it has yet to announce how ages will be verified.
SWEDEN JOINS COUNTRIES SEEKING TO END SCREEN TIME FOR CHILDREN UNDER 2
Sweden says children under the age of 2 should not be exposed to any digital screens.
EU'S TOP COURT DISMISSES APPLE'S FINAL APPEAL AGAINST ORDER TO PAY IRELAND 13B EUROS IN BACK TAXES
Apple this week lost its last bid to avoid paying 13 billion euros ($14.34 billion) in back taxes to Ireland, in a finale to a dispute with the European Union that centered on sweetheart deals that Dublin was offering to attract multinational businesses with minimal taxes across the 27-nation bloc. The final decision by the EU’s top court was quickly hailed as a landmark victory over corporate greed.
GOOGLE AND APPLE LOSE THEIR COURT FIGHTS AGAINST THE EU AND OWE BILLIONS IN FINES AND TAXES
Google lost its last bid to overturn a European Union antitrust penalty, after the bloc's top court ruled against it Tuesday in a case that came with a whopping fine and helped jumpstart an era of intensifying scrutiny for Big Tech companies.
US POSTAL SERVICE SQUEEZE ON SHIPPING CONSOLIDATORS COULD RAISE CONSUMER COSTS
The U.S. Postal Service said this week that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps, in a move meant to help the Postal Service slow losses but that could see the higher costs passed on to consumers.
TELEGRAM CEO DEFENDS HIMSELF AGAINST FRENCH CHARGES IN FIRST PUBLIC COMMENTS
Telegram founder and CEO Pavel Durov promised to step up efforts to fight criminality on the messaging app, his first public comments since French authorities handed him preliminary charges for allegedly allowing the platform's use for criminal activity.
JAMES EARL JONES' DARTH VADER VOICE LIVES ON THROUGH AI.VOICE ACTORS SEE PROMISE AND PERIL IN THAT
Over the course of an acting career that spanned more than six decades, James Earl Jones' voice became an indelible piece of his work as a performer.
GOOGLE FACES A NEW ANTITRUST TRIAL AFTER RULING DECLARING SEARCH ENGINE A MONOPOLY
One month after a judge declared Google's search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time over its advertising technology.
A CAPSULE HAS BEEN PROPELLED THROUGH A HYPERLOOP TEST TUBE IN A STEP FORWARD FOR THE TRANSIT SYSTEM
Hyperloop, a new form of mass transit involving capsules whizzing on magnetic fields through depressurized tubes, has achieved significant liftoff in the northern Netherlands, a company developing the technology said Monday.