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YouTube unveils $100m content fund ‘to amplify black voices’

YouTube has revealed the first project to emerge from a new $100m content fund designed to “amplify black voices” on the Google-owned service. While details of the new fund remain scant, the first show to be supported is titled Bear Witness, Take Action. The 90-minute special is described as “a conversation aiming to unite and […]

TBI Tech & Analysis: Painting Covid-19’s impact by numbers

Lockdown might be the new normal for large swathes of the world’s population but its myriad effects on content-skewing companies – and their bottom lines – remain tough to pin down. Things are becoming clearer however, as quarterly results, viewing figures and strategy tweaks come into plainer view. Here are five key figures from the […]

Disney hires Google, BBC Studios alum to head finance, strategy & ops at streaming division

Discovery has hired Google and former BBC Worldwide exec Neil Chugani as chief financial officer and head of strategy & operations for its direct-to-consumer business. The newly-created role will see Chugani charged with the division’s financial strategy, working with Discovery’s DTC teams across the US and international markets. He joins from Google, where he had […]

YouTube pulls out of Premium race

YouTube has cancelled plans to build a slate of high-end drama and comedies as it shifts away from its Premium subscription service, which costs consumers $12 per month, according to Bloomberg. Bloomberg sources say that the Google-owned business has stopped accepting pitches for expensive scripted shows. The platform has also axed programming such as sci […]

Hulu hires YouTube exec for acquisitions

Hulu has hired former YouTube TV exec Heather Moosnick to drive its content acquisition strategy across live and on-demand programming. Moosnick is joining The Handmaid’s Tale SVOD as senior VP of content partnerships – a role that will see her lead on acquisitions of everything from full library series and films to current network TV […]

UK government targets digital giants with revenue tax

The UK government has called on digital platforms including Facebook and Amazon to “pay their fair share” with a 2% revenue tax. For the first time, the government has instituted a Digital Services Tax on the “revenues of search engines, social media platforms and online marketplaces, reflecting the value they derive from UK users.” The […]

Netflix & OTT services drive record $748bn brand value for 2018

Entertainment brands such as Netflix have aided a 21% growth in brand value to $748 billion for 2018, according to Brand Z – Kantar Millward Brown’s brand equity platform. Netflix is one of the biggest contributors to growth, climbing 31 places from last year to 61st place in Brand Z’s top 100 list. The platform […]

NBCU & Google partner for VR content

NBCUniversal has teamed up with Google to produce virtual reality (VR) content across networks and shows. The companies will collaborate on at least 10 multi-episode VR productions that will allow fans to get closer to the shows by placing them inside the scenes and allowing them to look around. As part of this partnership, Bravo […]

BBC boss fears threat of digital giants

BBC director general Tony Hall is again attacking the threat of the US-based digital companies to British television. In a speech to BBC staff, Hall will say that major digital firms – which include Facebook, Apple Amazon, Netflix and Google (collectively known as FAANG) – are increasingly dominating global media. This “breaktaking, seismic change” is […]

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