Media +Technology Intelligence
User-created content accounts for 39% of media hours consumed by Americans weekly vs. 61% for traditional media, a Consumer Technology Association study found. Specifically, among all Americans 13 and older, “watching traditional TV content” had 18% share of weekly time spent with media, compared with 16% for UGC videos. Source: User-Generated Content Represents 39% of Read More …
Some 60% of global users think the content they pay for is not “relevant” to them. Over one-third believe streaming platforms are becoming too pricey. As a result, 33% will “somewhat” or “greatly” decrease spend on media and entertainment across subscriptions and one-time purchases in the next 12 months. Source: Television News Daily: Global Consumers Read More …
In the wake of global box office roaring back with Sony/Marvel’s Spider-Man: No Way Home, studios executives would be financially foolish to put this year’s rich slate of event movies theatrical day-and-date on their streaming services. But as older adults remain slow to return to cinemas during the pandemic, the question becomes whether more of these types of movies, Read More …
YouTube has made massive strides towards solving millions of copyright claims that plague its platform. The automated Content ID system is by no means perfect but does provide a way for rightsholders and alleged infringers to amicably settle their differences. What it doesn’t have is the human ability to spot opportunities for cooperation and innovation. Read More …
A federal judge has issued a default judgment against a major overseas e-book piracy operation known as the KISS Library. In addition to a permanent injunction barring the service from operating, the court also awarded the plaintiffs the maximum amount of damages under the law, totaling some $7.8 million. Source: Authors Win $7.8 Million Default Read More …