South Korean tech giants Samsung Electronics and LG Electronics are restructuring their business models, shifting focus from one-off hardware sales toward recurring revenue streams from advertising, operating systems, and content.
American heavy metal band Demon Hunter and their parent company, Hyde Lane, have filed a lawsuit in US federal court against streaming giant Netflix, its subsidiary Netflix Studios, and major global concert promoter AEG Presents.
Christopher Nolan’s epic “The Odyssey” has set an absolute all-time record at the global box office for an R-rated feature. The film’s worldwide earnings have reached $1.34 billion, edging past the previous record-holder, the comic book blockbuster “Deadpool & Wolverine” ($1.33 billion).
The military comedy-drama Once Upon a Time in the Middle East, produced by Dirty Monkeys Studio, claimed the top spot in Mainland China’s box office chart for the weekend of August 14–16. According to the analytics agency Artisan Gateway, the film pulled in $70.3 million over the three-day period.
The global television industry is entering one of its most profound periods of transformation in decades. A survey conducted by CNBC among ten top executives at major media conglomerates reveals what the TV market could look like by 2029.
The Motion Picture Association (MPA) and Chinese conglomerate ByteDance have signed a memorandum of understanding aimed at protecting the film and television industry’s intellectual property.
Sony Pictures’ blockbuster Spider-Man: Brand New Day continues its record-breaking run at the box office. Closing out its third weekend, the film pulled in $70 million in North America, holding the top spot at the box office for the third consecutive week.
Google TV continues to strengthen its position in the free ad-supported streaming segment. The company has announced a substantial expansion of its Freeplay service, adding new linear channels alongside a vast on-demand content library.
The 79th Locarno Film Festival has come to a close in Switzerland. The main competition’s top honor—the Golden Leopard (Pardo d’Oro)—went to Romanian director Florin Șerban for his family drama You Don’t Belong Here (Nu E Locul Tău Aici).
To mark its 40th anniversary, animation studio Pixar has released a unique piece of merchandise for fans—an interactive version of its iconic hopping desk lamp, Luxo Jr. Serving as the centerpiece of the anniversary collection, the item went on sale today in the UK Disney Store for £100.
