Netflix Projected to Spend More Than $17 Billion on Content in 2020

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Variety reports: “Netflix is keeping its foot pressed firmly on the gas pedal in the streaming-video road race. The streamer will invest around $17.3 billion this year in content on a cash basis, according to a new forecast by Wall Street firm BMO Capital Markets.”

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Twitch’s loss of top streamers impacts hours watched and streamed in Q4 2019, report says

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TechCrunch reports: “The loss of several big-name streamers is finally taking its toll on Twitch, according to a new report from StreamLabs and Newzoo out today. In August 2019, top streamer Tyler “Ninja” Blevins, announced his intention to leave Twitch for Microsoft Mixer.”

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The Peacock Is Landing: NBCUniversal And Comcast Set To Tout Streaming Service

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Deadline reports: “Peacock, the long-anticipated streaming service created by NBCUniversal and Comcast, will be shown off to investors and the media later today, three months before its official consumer launch.”

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Game Makers Stare Down Major Union Drive

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Hollywood Reporter reports: “As global video game spending marked a new high in 2019 at $109 billion, per Nielsen’s SuperData division, calls to unionize the burgeoning industry’s workers have ratcheted into high gear.”

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Universal and Warner Bros. Strike Sweeping DVD Joint Venture

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Hollywood Reporter reports: “Looking to streamline costs, Universal Pictures and Warner Bros. on Wednesday announced a joint venture that will see the two Hollywood studios share distribution duties for their physical DVDs in North America.”

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Google Stadia is like the early days of Steam, says Tequila Works CEO

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Gamesindustry.biz reports: “Tequila Works’ Google Stadia exclusive Gylt is somewhat of an anomaly on the list of games currently available via the streaming service.”

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Red Light Management Enters Gaming Space With Launch of Hit Command

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Billboard reports: “Red Light Management, the independent music management firm that represents Dave Matthews Band, Chris Stapleton, Lionel Richie and Maren Morris, among others, is jumping into the gaming sector with the launch of Hit Command, a standalone company that will develop curated experiences, intellectual property and partnership opportunities for artists, brands and content creators who want to tap into the booming global gaming economy.”

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Nexstar To Launch Nightly Newscast On WGN America

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Deadline reports: “Nexstar Media Group is launching a three-hour nightly newscast on its flagship cable channel WGN America, drawing on local journalists for reports from its stations across the country.”

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Hulu to debut new ad formats in 2020 focused on letting users make choices, transact with advertisers

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TechCrunch reports: “Hulu is preparing to roll out new forms of advertising this year — one which will allow viewers to have more say in the ads that plays, and another that lets the viewer engage with the brand in question, either by getting information sent directly to their mobile phone or by using QR codes.”

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App Annie: Mobile game spending will top $100 billion in 2020

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VentureBeat reports: “The mobile game industry is expected to generate $100 billion in revenue in 2020, up from $86 billion in 2019, according to App Annie, the mobile data and analytics researcher.”

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