Articles from variety.com

Articles from variety.com

Apple reports Q3 revenue from Services, which includes the App Store, Apple TV, and more, grew 12% YoY to $30.74B, vs. $31.36B est.; AAPL drops 4%+ after hours (variety.com)
1 day ago Apple

Meta reports $2.4B in charges related to legal proceedings in Q2 and $1.18B in severance expenses in connection with the May 2026 layoff of about 8,000 staff (variety.com)
2 days ago

Patreon lays off 20% of its employees, or 93 people, citing a “painful” restructuring due to “profound” changes in the creator economy (variety.com)
8 days ago

Alphabet reports YouTube's Q2 ad revenue rose 13% YoY to $11.06B, vs. $10.8B est., and Google's ad revenue reached $81.63B, up from $71.34B in Q2 2025 (variety.com)
9 days ago Google YouTube Alphabet

A coalition of 12 states led by California files an antitrust lawsuit to block Paramount's WBD merger, alleging it lessens competition in three markets (variety.com)
18 days ago California

Meta says it will discontinue a feature that allowed users to generate images in Meta AI using public Instagram accounts, following days of criticism (variety.com)
21 days ago AI Instagram

Kaon AI, which builds personalized story worlds using its AI-based FlowGPT and Emochi tools, raised $60M from B Capital and others, and says Emochi has 2M DAUs (variety.com)
23 days ago AI

Netflix signs deals with Penske Media, Condé Nast, Hearst, People, and other publishers to carry a range of programming from 2 to 20+ minutes, starting August 3 (variety.com)
24 days ago Netflix programming

Midjourney wants Disney, Universal, and Warner Bros. to reveal in court how they use AI across their companies; studios sued Midjourney in 2025 for infringement (variety.com)
28 days ago AI

Walmart acquires Paris-based Vibe.co, which lets businesses create and run targeted ads on streaming services; Vibe.co's co-founders will join Walmart Connect (variety.com)
2026-6-24 Paris Walmart

Amazon MGM Studios drops Luca Guadagnino's mostly finished movie on Sam Altman; Amazon struck a major deal with OpenAI in February, including a $50B investment (variety.com)
2026-6-19 Amazon

Apple's Craig Federighi says some companies “appear to be racing forward” to develop “AI for the sake of AI” without regard for the humans using the technology (variety.com)
2026-6-9 AI Apple

ESA and YouGov: 212.3M people in the US between the ages of 5 and 90 play video games every week, up 3% from 2025; the average age of players rises to 37 (variety.com)
2026-6-3

Reactor, which says its AI platform can generate video in real-time with near-zero latency, emerges from stealth with a $59M Series A led by Lightspeed (variety.com)
2026-5-29 AI

Amazon MGM Studios announces the GenAI Creators' Fund, greenlights three AI animated series for Prime Video, and launches an AI production platform with AWS (variety.com)
2026-5-28 Amazon AI

YouTube makes its AI content labels more prominent on desktop and mobile, and will apply them automatically if it detects “significant photorealistic AI use” (variety.com)
2026-5-27 Mobile AI YouTube

Star Citizen, a video game in development since 2012, has reached $1B in lifetime funding; it remains in alpha and does not have a confirmed release date (variety.com)
2026-5-25

Apple plans to broadcast an MLS game on Saturday shot entirely on 15 iPhone 17 Pros, the first major live sports event to be captured using only smartphones (variety.com)
2026-5-22 iPhone Apple

Spotify and UMG plan to let Premium users create AI covers and remixes using music from participating UMG artists as a paid add-on, without giving a launch date (variety.com)
2026-5-22 AI Spotify

Amazon's Alexa+ now produces AI-generated “podcasts” on various topics in the US, featuring chats between two AI “co-hosts”, using content from media outlets (variety.com)
2026-5-19 Amazon AI

A look at Matthew McConaughey's novel legal strategy to fight unauthorized AI use of his image, which involves trademarking video and audio clips of him (variety.com)
2026-5-15 AI

Dua Lipa files a $15M lawsuit against Samsung, alleging that it used her likeness to sell TVs without paying her and without permission starting in 2025 (variety.com)
2026-5-11 Samsung

Trump Media and Technology Group reports Q1 net sales up 6% YoY to $871,200 and a $405.9M net loss; DJT is down 35% so far in 2026 for a market cap of ~$2.47B (variety.com)
2026-5-9 Trump

Amazon plans to merge MX Player into Prime Video in India, combining free and paid streaming catalogs on a single platform over the next few months (variety.com)
2026-5-7 India Amazon

Apple reports Q2 revenue from Services, which includes the App Store, Apple TV, Apple Music, and more, grew 16.3% YoY to $30.98B, beating estimates of $30.4B (variety.com)
2026-5-1 Apple

Roku reports Q1 revenue up 22% YoY to $1.25B, ad revenue up 27% to $613M, subscription revenue up 30%, raises 2026 profit guidance; ROKU jumps 8%+ after hours (variety.com)
2026-5-1

Alphabet reports YouTube's Q1 ad revenue rose 10.7% YoY to $9.88B, vs. $9.99B est., and Google's ad revenue reached $77.25B, up from $66.89B in Q1 2025 (variety.com)
2026-4-30 Google YouTube Alphabet

Trump Media & Technology Group names Kevin McGurn as interim CEO effective immediately; McGurn previously worked as an executive at Hulu, Vevo, and T-Mobile (variety.com)
2026-4-22 Trump Mobile

Patreon says it now has 7.6M paid podcast memberships and revenue generated by podcasters on the platform hit $629M in 2025, up 33% YoY (variety.com)
2026-4-9

Amazon MGM's Project Hail Mary becomes its highest-grossing film ever, crossing $300M globally, including $54.1M just this weekend; the movie cost $200M to make (variety.com)
2026-3-30 Amazon

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