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Netflix released a first-of-its-kind report showing viewership hours for titles in the first half of 2023. It shows why Netflix is planning on investing billions into Korean content in the coming years. Among the thousands of titles, Korean entertainment was a major standout. Korean actors want better compensation — namely, residuals on par with United States actors under SAG-AFTRA, per the LA Times. But the numbers also underscore local workers' labor concerns — and what Netflix could stand to lose without them.
Persons: , Insider's Nathan McAlone, Cha, Queen Organizations: Netflix, Service, Los Angeles Times, United, SAG, LA Times, South Locations: United States, South Korea
Amazon announced that ads will be introduced to Prime Video in early 2024. Of course, with the introduction of ads, comes the introduction of a new ad-free subscription — Prime Video users can opt to pay $2.99 more per month for an ad-free membership, the company said in a statement. Currently a standalone Prime Video subscription costs $8.99 per month. Both Peacock and and Paramount+ raised their ad-free subscription prices by $2, from $9.99 to $11.99, this past July. Of course, as Insider's Nathan McAlone puts it — the end of cheap streaming is not here yet, but rather the end of cheap, ad-free streaming.
Persons: Amazon, Gunnar Wiedenfels, Mark Schilsky, Max, Peacock, Insider's Nathan McAlone Organizations: Amazon, Service, Warner Bros, Paramount, Bernstein Research, Disney, Hulu, Netflix, Apple Locations: Wall, Silicon, UK, Germany, Canada, France, Italy, Spain, Mexico, Australia
Users on Threads are unable to search for COVID-19-related terms including "coronavirus" and "vaccines." It's the latest sign that Meta is reluctant for Threads to become a place for news and politics. Terms such as "vaccination" and "long Covid" also fail to bring up any results and redirect users to external websites. The screen Threads users currently see if they try to search for COVID-19-related topics. The social media giant has attempted to cast Threads as a positive, brand-friendly environment where topics such as news and politics are largely sidelined.
Persons: Meta, Insider's Nathan McAlone, Adam Mosseri Organizations: Service, Centers for Disease Control, The Washington, Meta, Facebook Locations: Wall, Silicon
Streaming services continue to raise prices, and they don't appear ready to stop anytime soon. AdvertisementAdvertisementHow much are streaming services worth to you? And two big takeaways — to Wall Street's delight and customers' chagrin — are to raise prices and crack down on password sharing. Netflix saw a surge of sign-ups in the aftermath of its password-sharing crackdown, Insider's Nathan McAlone writes. Meanwhile, analysis from Bernstein Research found the combined monthly price of a handful of popular streaming services increased 24% from last year, writes Insider's Alistair Barr.
Persons: , Insider's Nathan McAlone, Alistair Barr, What's, Nathan Organizations: Netflix, Bernstein Research
Twitter CEO Linda Yaccarino said the platform had its "largest usage day" in five months. The Twitter higher-ups appear to be concerned by the rapid popularity of Threads. Twitter CEO Linda Yaccarino said Monday that last week saw the platform's "largest usage day" since February. That appeared to be a taunt aimed at Threads, the Twitter competitor app released by Meta last Wednesday which is estimated to already have reached 100 million users. This week, Musk tweeted "Zuck is a cuck" and proposed a "literal dick measuring contest."
Persons: Linda Yaccarino, Cloudflare, Elon Musk, Insider's Nathan McAlone, Mark Zuckerberg, Musk, Zuckerberg, Twitter Organizations: Twitter, Meta, CNBC, iOS Locations: Similarweb
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