Digital media news
Here are some recent digital media news stories:
Streaming Services
- Netflix's subscriber growth slows down, but still adds 2.2 million new subscribers in Q2 2022 (Source: The Verge)
- Disney+ reaches 118 million subscribers worldwide, surpassing Netflix's growth rate (Source: Variety)
- HBO Max launches in Latin America and the Caribbean, expanding its global reach (Source: The Hollywood Reporter)
Social Media
- Facebook's parent company Meta reports a 22% decline in daily active users, citing increased competition from other social media platforms (Source: CNBC)
- Twitter introduces a new feature allowing users to edit their tweets, a move aimed at increasing user engagement (Source: The Verge)
- TikTok surpasses 1 billion monthly active users, with 55% of users under the age of 24 (Source: Adweek)
Online Advertising
- Google announces a new ad format, "Responsive Search Ads," which allows advertisers to create ads that adapt to different screen sizes and devices (Source: Search Engine Land)
- Facebook's ad revenue declines for the first time, citing increased competition and regulatory challenges (Source: The Wall Street Journal)
- Amazon launches a new ad platform, "Amazon Advertising," allowing brands to reach customers across its e-commerce platform and other Amazon properties (Source: Adweek)
Digital Publishing
- The New York Times reports a 15% increase in digital subscriptions, driven by its paywall and online content (Source: The New York Times)
- The Washington Post launches a new subscription-based newsletter service, "Post Reports," offering in-depth reporting and analysis (Source: The Washington Post)
- Medium, a popular blogging platform, announces a new feature allowing writers to earn money through its "Medium Partner Program" (Source: Medium)
Gaming
- Fortnite maker Epic Games raises $1.25 billion in funding, valuing the company at $17.3 billion (Source: Bloomberg)
- Microsoft acquires ZeniMax Media, the parent company of Bethesda Softworks, in a deal worth $7.5 billion (Source: The Verge)
- Sony announces a new PlayStation console, the PS5, with improved graphics and a new controller (Source: IGN)
Other Digital Media News
- YouTube announces a new feature allowing creators to earn money from their live streams through its "Super Chat" system (Source: The Verge)
- Apple announces a new feature allowing users to share their Apple TV+ subscriptions with up to six family members (Source: Apple)
- Spotify launches a new feature allowing users to create and share their own playlists with friends (Source: Spotify)
These are just a few of the many digital media news stories from recent weeks. If you'd like to stay up-to-date on the latest news and trends in digital media, feel free to ask me for more information!