Entertainment and Streaming

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Spotify announced Monday that it will lay off 200 staff and consolidate its podcast studios in a strategic realignment.
YouTube retires YouTube Stories, Gen Z leads the decline in subscription renewals, and WaPo targets younger readers by accepting Venmo payments.
Peloton rebrands and creates a tiered subscription, Max debuts in the US, and Comcast and Disney fight over Hulu.
Coming out of the pandemic, live streaming continues to grow in popularity. We’ve got the latest live streaming stats.
Memorial Day Weekend, MoviePass relaunched its movie subscription service nationwide after almost a year in beta.
Peloton relaunches workout app, US Surgeon General says social media may be hazardous to teen health, and Adobe adds generative AI to Photoshop.
Netflix reveals subscriber numbers for ad-free plan, Xbox considers “timed slices,” and it looks like a standalone ESPN streaming service is inevitable.
After a year of testing, Netflix is now enforcing password sharing restrictions in the US. Nonpaying viewers can get their own subscription or be added
Warner Bros. Discovery reports a first quarter loss of $1.1B, but the company’s DTC subscription segment is a bright spot.
Montana is the first state to totally ban TikTok, Pepsi gives away Apple Music subscriptions, and shopping center owners sue Amazon for rethinking their grocery

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