Originally Published 2 months ago — by Rolling Stone
Vertical microdramas are rapidly growing as a popular short-form entertainment genre on the internet, attracting significant industry investment and union interest, with Hollywood eyeing this fast-paced, mobile-first format as a new revenue and talent development avenue, despite ongoing concerns about pay equity and working conditions.
TiVo, a pioneering DVR service launched in 1999, has ceased sales of its hardware after 26 years, marking the end of its legacy amid declining market share due to the rise of streaming services. Existing users will still receive support, but questions remain about the future of lifetime subscriptions.
ABC News is launching an exclusive daily news show called 'What You Need to Know' on Disney+ that will stream weekdays at 6 a.m., featuring short-form content with breaking news, entertainment, and viral videos, anchored by James Longman and Rachel Scott.
Paul Cheesbrough has been appointed as the CEO of the newly created Tubi Media Group at Fox Corporation, which will include all of Fox's stand-alone digital businesses. Farhad Massoudi, founder and CEO of Tubi, will step down but remain with the company through a transition period until the end of June. Cheesbrough previously served as chief technology officer and president of digital for Fox Corporation, where he oversaw the acquisition and management of Tubi.