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Is The Familiar Cable TV Model Simply Reorganizing Itself Around Streaming?

Short for “free, ad-supported television,” FAST is a live, linear and growing area of the streaming universe that has emerged as a complement to on-demand offerings. The multibillion-dollar sector is inhabited by an eclectic range of purveyors, content owners and connected-TV players. - Deadline

Warner Bros. Discovery Expects To Write Off $3.5 Billion-With-a-B In Content Costs

"The company said it now expects to incur total pre-tax restructuring charges" — that is, charges related to the merger of Warner Bros. and Discovery — "of $4.1 billion to $5.3 billion. ... The new estimate includes $2.8 billion to $3.5 billion of content impairment and development write-offs." - Variety

Investors Bet YouTube Libraries Will Be Worth Millions

Investment firms for years have sought to lock up income streams from assets such as mineral rights and songwriter catalogs, with classic-rockers Bob Dylan and Bruce Springsteen cashing in for hundreds of millions of dollars. Now YouTube videos are becoming their own asset class. - The Wall Street Journal

A Radio Drama Adapted From A Video Game (Is This A First?)

"Video games are inherently a visual medium — which is why high-profile crossovers have focused in the main on film and television," and Sebastian Baczkiewicz, who adapted Splinter Cell: Firewall for BBC Radio 4, "admits the adaptation was an extraordinary challenge, but one he was excited about." - BBC

Oh, No!  The Golden Globes Aren’t Going All Tasteful And Serious, Are They?

Owen Gleiberman: "As the nominations were announced, I thought, 'Please, Golden Globes! Atone for your sins, fix your corrupt ways, but don't take away the precious vulgarity that we love.'" - Variety

“The Banshees of Inisherin” And “Everything Everywhere All at Once” Lead Golden Globe Nominations

"Banshees" garnered eight nominations (including picture, director, and screenplay), followed by "Everything" with six, and "The Fabelmans" and "Babylon," each with five. - Variety

What To Make Of NFTs In The Artworld? Revolution Or Scam?

This polarization means that the real potential of NFTs, as well as their flaws, which are also very real, tend to be overshadowed by caricatured positions of principle. However, within this ecosystem of NFTs, there exists a set of rich and plural artistic practices. - The Conversation

BBC Medical Drama Ditches Scripts To Improvise Chaos Of The Medical System

Casualty is the world's longest running medical drama, and it is the first time in its 36-year history that scripts have been ditched and every scene improvised. - BBC

How Screenshots Created A New Form Of Storytelling

A closer look at the screenshot tells us interesting stories about not only how media transforms over time, but also how even the humblest technical operation may give rise to sophisticated cultural forms. - The Conversation

Holiday Season Used To Be Hollywood’s Biggest Box Office. Now It’s Vying To Be The Lowest

We’ll see if Saturday night business is so bad that that this weekend becomes the lowest of 2022, unseating that of Jan. 28-30 when all movies grossed $34.87M per Comscore. - Deadline

Social Media Is In Disarray. Want A Better Model? Look To Coffeehouse Culture

Everything about discursive social media is suddenly open to question. What sort of news and discussion should it host and encourage? What should be its attitude to participation, networking, user rights and free speech? What should be its business model? What societal role should it seek to play? - New Statesman

Hollywood’s Existential Crisis: Audiences Are Not Going To Their Most Critically-Acclaimed Movies

Hollywood sees this an affront to its identity. Film power players have long clung to the fantasy that the cultural world revolves around them. That delusion is hard to sustain when the masses can’t be bothered to come. Hollywood equates this with cultural irrelevancy. - The New York Times

How Twitter Changes Our Sense Of Time

The concept of entrainment points to the ways in which our experience of time can be affected by so much more than the number of hours we have in a day. - The New York Times

You Think It’s Taken A Long Time For Hollywood To Pay Women And Men Equally?  Look At Bollywood

Priyanka Chopra says that in a 20-year career, "I've never had pay parity in Bollywood. I would get paid about 10% of the salary of my male co-actor," and that the first time she got equal pay was for her work on the series Citadel in the US. - BBC

BBC’s Boss Predicts It Will Be Online-Only In Ten Years

Director general Tim Davie: "Imagine a world that is internet-only, where broadcast TV and radio are being switched off and choice is infinite. A switch-off of broadcast will and should happen over time, and we should be active in planning for it." - The Guardian

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