streaming / spotify / peloton

Netflix disclosed that over the past decade it has invested more than $135 billion in movies and TV shows, and claims its activities contributed over $325 billion to the global economy while creating more than 425,000 jobs in film and television production. The figures were reported May 12 and sourced to the company’s public statements. This highlights Netflix’s massive content spending as a driver of the streaming industry, production ecosystems, and regional production markets. For tech and entertainment businesses, the scale underscores ongoing competition for content, implications for production supply chains, and the platform’s role in shaping media production economics and jobs globally.

Bloomberg : Spotify partners with Peloton to offer Premium users access to playlists and a catalog of 1,400+ ad-free fitness classes, its first foray into fitness content — Spotify Technology SA is now offering workout classes from Peloton Interactive Inc. to premium subscribers …

Nicole Sperling / New York Times : Amazon reaches a multiyear licensing deal with Oprah Winfrey to produce twice-a-week video podcasts starting in July, repurpose The Oprah Winfrey Show, and more — The multiyear deal with Ms. Winfrey signifies the tech giant's growing ambitions in video podcasts.