Patreon announced the results of its creator census, which invited the community to share feedback about how the fan membership platform can best support them. The creator census showed that 43% of creators are strongly against crypto payments, while 30% said they don’t care. Nine percent said crypto payments would be crucial, while 18% said they would be nice to have.
Source: A major Patreon survey shows that most creators don’t want crypto payments
Italy’s Culture Minister Enrico Franceschini has announced plans to widen the window between a movie’s theatrical release date and the time it can drop locally on a streaming platform. The move comes after producers and distributors sounded alarm bells about their struggle to get audiences back into movie theaters.
Source: Italy to Widen Theatrical Window Following Box Office Debacle
Facebook is pulling out of podcasts and plans to remove them altogether from the social-media service starting June 3. Part of Meta Platforms Inc., Facebook will stop letting people add podcasts to the service starting this week, according to a note sent to partners. It will discontinue both its short-form audio product Soundbites and remove its central audio hub.
Source: Facebook Pulls the Plug on Podcast Business After a Year
‘One-Click For All’ will ping tracks out to more than 150 DSPs around the world, including Spotify, YouTube and Apple Music, within seven working days. Tencent Musician will provide each track with an ISRC code for free as part of the feature, and will pay artists 70% of the royalties collected from those overseas platforms.
Source: Tencent Music to help Chinese artists distribute globally – Music Ally
Netflix and other big streaming companies will fall under strict UK regulation for the first time as the government says it will revamp the “decades-old” laws that govern Public Service Broadcasting. Streamers operating in the UK could be fined up to 5% of their revenues if they are found guilty of showcasing harmful content, according to a landmark White Paper released today by the Department for Digital, Culture, Media and Sport.
National Association of Theatre Owners president and CEO John Fithian didn’t mince words when addressing the reason why releasing movies in cinemas and in the home at the same time is a very bad idea. “I am pleased to announce that simultaneous release is dead as a serious business model, and piracy is what killed it,” Fithian said when giving his annual address at CinemaCon in Las Vegas on Tuesday.
Source: Theater Owners Chief Warns Hollywood: Day-and-Date Releases Are “Dead as a Serious Business Model”
The two-decade long content and data collection free-for-all on digital platforms is starting to face pushback on multiple fronts and in multiple jurisdictions, which ultimately could greatly increase operational complexity and cost — to say nothing of liability risk — for digital platforms, even or perhaps especially for very large, U.S.-based digital platforms.
Book banning efforts are occurring at alarming rates and copyright remains under siege from companies looking to take publishers’ content with little or no compensation. “Copyright challenges, from tech-company-backed entities who are coming for publishers’ content in every way they can, are gigantic and cannot be overstated,” Pietsch said.
Source: Michael Pietsch on Publishing at BISG: ‘Best of Times, Worst of Times’
With a summer box office that’s loaded with such window-respecting movies as Doctor Strange in the Multiverse of Madness, Top Gun: Maverick, Thor: Love & Thunder, Jurassic World: Dominion, Bullet Train, and more, it’s pretty safe to say that most of the majors have gotten their jonesing for day-and-date out of their system. They’ve largely learned that collapsed windows siphon ticket sales, spur greater piracy and infuriates talent.
Many entertainment executives, tired of playing catch-up to a Silicon Valley interloper, have been waiting for the comeuppance of Netflix. But this may not have been the way they hoped it would happen. Netflix’s stunning reversal raised a number of questions that will have to be answered in the coming months as more traditional media companies race toward subscription businesses largely modeled after what Netflix created.
Source: Netflix’s Stumble Could Be a Warning Sign for Streaming Industry