Square To Buy Jay-Z’s Music Service Tidal

Square has agreed to buy a majority stake in Tidal, the streaming music service led by rapper Jay-Z, as part of an effort to expand the company’s suite of financial tools to musicians and emerging artists. From a report: Square will pay $297 million in a mix of cash and stock to become Tidal’s “significant majority” owner, though Jay-Z and Tidal’s…

Disney CEO Suggests There’s No ‘Going Back’ To Pre-COVID Film Releases

As Disney prepares to release “Raya and the Last Dragon” in theaters and as a premium on-demand title this Friday, CEO Bob Chapek says that he thinks the experimentation his studio and others in Hollywood are doing with releasing movies during the pandemic will permanently change the movie business. From a report “The consumer is probably more impatient than they’ve ever…

A ‘Terminator’ Anime Series is Coming to Netflix

Variety magazine reports that Netflix has ordered Terminator anime series: “‘Terminator’ is one of the most iconic sci-fi stories ever created — and has only grown more relevant to our world over time,” said John Derderian, Netflix’s vice president of Japan and anime. “The new animated series will explore this universe in a way that has never been done before. We…

Why an Animated Flying Cat With a Pop-Tart Body Sold for Almost $600,000

In the 10 years since Chris Torres created Nyan Cat, an animated flying cat with a Pop-Tart body leaving a rainbow trail, the meme has been viewed and shared across the web hundreds of millions of times. On Thursday, he put a one-of-a-kind version of it up for sale on Foundation, a website for buying and selling digital goods. In the…

LG Says It Will License webOS To Other TV Makers

LG will make its webOS software available to other companies. From a report: The proprietary software on LG’s own sets will be able to be licensed by outside TV brands, the company announced Wednesday. Notably, TV brands that choose to bring LG’s software to their televisions will also get its Magic Motion remote, LG’s very good cursor-like wand. It would also…

Amazon Prime Video Direct and the Dystopian Decision To Stop Accepting Documentaries

When Amazon made a unilateral decision in early February to stop accepting documentaries and short films via Prime Video Direct (a policy that also covers “slide shows, vlogs, podcasts, tutorials, filmed conferences, monologues, toy play, music videos, and voiceover gameplay”), the announcement also served as a quiet purge. Amazon also has been dropping long-running documentary titles from the service, with stakeholders…

Spotify Expands To 80 New Markets, Targeting 1 Billion Customers

Spotify is introducing its audio service in 80 markets across Asia, Africa and the Caribbean in coming days, expanding the company’s potential market by some 1 billion people. From a report: The steps announced Monday will nearly double Spotify’s geographic footprint and add regions where streaming music is in its infancy. The company already operates in 93 countries or territories. Spotify…

Spotify HiFi is a Lossless Streaming Tier Coming Later this Year

An anonymous reader share a report: Spotify is going hi-fi. Well, “HiFi.” It’s taken longer than competitors like Tidal and Amazon Music, but today, the leading subscription music service announced a new lossless streaming tier that will allow listeners to get the most from their digital music library. The news came at the company’s Spotify “Stream On” virtual event. Spotify HiFi…

Disney+ Added Content Disclaimers to 18 Episodes of ‘The Muppet Show’

118 episodes of Jim Henson’s classic TV series The Muppet Show are now streaming on Disney+, writes the AV Club — but 18 episodes now begin with a content disclaimer… The text of the disclaimers, which cannot be skipped past and include little 12-second timers so you know that you have to sit through them, explain that the episodes feature “negative…

Martin Scorsese Argues Streaming Algorithms Devalue Cinema into ‘Content’

In a new essay for Harper’s magazine, Martin Scorsese argues the art of cinema is being systematically devalued and demeaned by streaming services and their algorithms, “and reduced to its lowest common denominator, ‘content.'” “Content” became a business term for all moving images: a David Lean movie, a cat video, a Super Bowl commercial, a superhero sequel, a series episode. It…