Netflix has confirmed rumors that it is working on ad-supported plans as the company looks to grow its subscriber base.
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MediaTransformationUpdate

Netflix Lays Off An Additional 300 Employees
The hits keep on coming for Netflix, and not the blockbuster kind, as the company lays off an additional 300 employees.

Canada May Force Online Giants to Pay News Publishers
Canada is looking to follow in Australia’s example, forcing online giants to pay news publishers in exchange for their content.

Senators Ask the FTC to Investigate Microsoft’s Activision Acquisition
US Senators are asking the Federal Trade Commission to investigate the Microsoft/Activision deal, over concerns regarding Activision’s past scandals.

YouTube TV Now Supports Picture-in-Picture on iOS 15
YouTube TV has finally brought Picture-in-Picture (PiP) support to iOS 15 devices, making it one of the last major streaming apps to do so.

Amazon Now Officially Owns MGM
Amazon is now the official owner of MGM, closing its $8.45 billion bid to acquire the storied studio.

Netflix May Charge More For Account Sharing
Netflix is experimenting with changes to its plans, possibly charging more for customers who share their account with others.

Spotify Bucks Pressure, Won’t Pull Out of Russia
In what is sure to be (another) unpopular move, Spotify has said it will not pull out of Russia in response to its invasion of Ukraine.