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TL;DR

In a hurry? Here's our pick of the top news items of the week.

  • OpenAI has been engaging with studios about Sora, hammering home its applications as it works out kinks with independent filmmakers and undergoes safety testing. (THR)

  • Google Maps is getting a standout feature that can identify locations in your screenshots and save them to a list, making it easier for users to plan their trips before screenshots of travel ideas get lost within their camera roll. (The Verge)

  • Amazon launched Alexa+, an AI assistant aimed at integrating into users’ lives with the capability to entertain, organize, converse, place orders, book tickets, provide travel inspiration and more. (Phocuswire)

Audiences

  • US audiences spend about 6 hours with media and entertainment content daily, with social media becoming a dominant force among younger generations. (Deloitte)

  • While 70% of Gen Z workers say they look forward to traveling for work, they are also more likely to report experiencing stress, disruption and difficulty in business travel than older generations. (Travolution)

  • 47% of consumers say they pay too much for streaming services, with 41% saying the content available on these services isn’t worth the price. (Media Play News)

Platforms

  • Digital music service Napster has been acquired in a $207M deal with tech startup Infinite Reality, a company focused on extended reality, AI and other immersive technologies. (Music Business Worldwide)

  • US Apple TV+ signups more than doubled from 1.44M in September, the month before Amazon’s app marketplace started selling the platform, to nearly 3M in January. (Stream TV Insider)

  • YouTube commanded more TV time than any other media provider in the US in February, and its top ranking was thanks in part to viewers over the age of 50. (THR)

  • TikTok's future in the US remains unclear, with the negotiation deadline of April 4th fast approaching, though the US government is still working with various bidders to find an acceptable US partner for the app. (Social Media Today)

Content

  • South Korea's once vibrant content industry is in decline, with TV production down 50%, partly due to an unofficial ban on South Korean content, which the local industry hopes will be reversed soon. (Bloomberg)

  • ESPN is now available on Disney+ in Australia, making ESPN the country's #1 sports broadcaster overnight. (Campaign Brief)

  • Deloitte predicts that the streaming industry will shift away from standalone subscription services towards aggregation, similar to traditional pay TV packages. (THR)

Tech & AI

  • Meta announced several new AI-powered tools to help advertisers maximize the performance of their campaigns, utilizing insights from overall ad response on the platform in order to drive more engagement and conversions. (Social Media Today)

  • Messenger and WhatsApp now have an “AI Studio” in which users can find AI characters to converse with. (Social Media Today)

  • The fervor around ChatGPT’s more accessible (and more advanced) image generation capabilities forced OpenAI to “temporarily” put a rate limit on image generation requests. (The Verge)

Location-based entertainment

  • Lady Gaga's forthcoming Singapore arena gig - the only APAC stop on her tour - has caused a 128% surge in Aussies searching for flights to Singapore. (Karryon)

  • Merlin Entertainments has announced that a “groundbreaking” indoor roller coaster is set to open at Legoland Florida and Legoland California next year. (Blooloop)

  • Live Nation Entertainment has reached a $20M settlement with investors who filed an antitrust lawsuit against the company. (Ticketing Business)

  • With 5K+ US movie screens shut down and the box office in a slump, theaters are still waiting for a post-pandemic comeback. (Variety)

Travel & hospitality

  • In collaboration with Selfbook and Tripadvisor, AI search engine Perplexity has launched a feature that enables users to book hotels natively through its site. (Phocus Wire)

  • 59% of global travelers plan to take one to three international trips in 2025, while 74% plan to go on one to three domestic trips this year. (American Express)

  • Uber announced that it is expanding its shuttle service in New York to JFK, months after it launched rides to LaGuardia Airport. (Skift)

Gaming

  • "Assassin's Creed Shadows" reached 3M players just a week after its launch, surpassing the launches of previous franchise games, Origins and Odyssey. (IGN)

  • A heritage railway in the UK has plans to turn part of the train into a gaming arcade in May, hoping to attract the next generation of train enthusiasts. (BBC)

  • Microsoft is launching a new Xbox Adaptive Joystick early next year that’s designed for players with limited mobility. (The Verge)

  • Despite releasing exactly zero new games during the year, CD Projekt reported nearly $260M in consolidated revenue and $120M in net profit, the studio's third-best result in its history. (Games Radar)
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