According to a survey by Luminate, most U.S. consumers have tried generative AI at least once, but many remain skeptical about its use in creating entertainment content. 52% of Americans have used a generative AI app; 44% use it at least occasionally. Usage is higher among younger people, higher earners, and men. Despite this, interest in media created (fully or partially) with AI is still limited: 39% said they would be less interested in watching a film or TV show [...]

With 3.5 million units sold in just four days, the new Nintendo Switch 2 marked the strongest global launch in the brand’s history. A result that represents a significant early success for the new generation of the hybrid console, in a period marked by economic uncertainty and the impact of U.S. tariffs on imported consumer goods. Despite the strong debut, the overall outlook for the video game industry in 2025 remains far from stable. According to a recent report by [...]

As major SVOD platforms continue to compete for dominance in the streaming market, YouTube has strengthened its lead in 2024 as the most-watched platform on Connected TV (CTV) in the United States, establishing itself as the top choice on large screens. According to Nielsen data, YouTube reached a 12.5% share of total U.S. CTV viewing time in May, significantly surpassing its closest competitor, Disney. This milestone reflects a broader shift in viewer behavior, increasingly oriented toward content consumed via smart [...]

PunchUp Live, a ticketing and live entertainment platform focused on stand-up comedy, has raised a new $2.3 million seed round led by Social Leverage. The funding will allow the company to expand into new sectors such as music, magic, and live podcasts, while continuing to support comedians and live performers. The company had previously closed a $1 million pre-seed round in November, with participation from Heracles Capital, Hustle Fund, Evil Twin Capital, and several angel investors. Founded by former Meta [...]

Warner Bros. Discovery has announced plans to split into two publicly traded companies through a tax-free transaction, with the goal of unlocking the full value of its diverse portfolio and enhancing operational agility in a rapidly evolving media landscape. The new Streaming & Studios company will include: Warner Bros. Television and Motion Picture Group DC Studios HBO and HBO Max (including its international sports offering) Warner Bros. Games, Retail, Tours, and Experiences Production facilities in Burbank (California) and Leavesden (UK) [...]

Live Nation is making a bold statement about the future of live entertainment, announcing a $1 billion investment to build or upgrade 18 new venues across the United States over the next 18 months. This expansion spans a variety of formats—from intimate clubs to large-scale amphitheaters—and targets mid-sized cities like Allentown (PA), Birmingham (AL), and Riverside (MO), helping bring top-tier live experiences to new audiences. This marks one of the largest infrastructure investments in Live Nation’s history, and it comes [...]