AIBusinessMedia

Cambridgeshire Videographer Shuts Business Citing AI Competition

A Fenland videographer is closing his decade-old business, blaming artificial intelligence for decimating his workload. David Johnson says demand for his film production and editing services has completely evaporated as companies turn to AI alternatives.

AI Disruption Forces Closure of Decade-Old Media Business

A Cambridgeshire videographer is shutting down his 10-year-old media company, with sources indicating the “influx of AI” has caused his workload to “plummet” dramatically. David Johnson, who operates DMJ-Imagery in Chatteris, Fenland, confirmed his business will cease operations in April after demand for his services “dried up” over the past year.

MediaTechnology

Spotify Launches First FAST Channel on Samsung TV Plus with The Ringer Content

Spotify has debuted its first FAST channel exclusively on Samsung TV Plus, featuring The Ringer’s video podcasts. The free channel offers 24/7 curated content including sports analysis, movie reviews, and cultural commentary. This marks Spotify’s entry into free ad-supported streaming television.

Spotify Enters FAST Market with Samsung Partnership

Spotify has launched its first FAST (free ad-supported streaming TV) channel exclusively on Samsung TV Plus, according to reports from both companies. The new channel, called The Ringer, represents Spotify’s strategic move into the rapidly growing free streaming television market and leverages content from The Ringer podcast network founded by Bill Simmons.

BusinessMedia

NBC News Layoffs Begin Amid Versant Spinoff Transition, Affecting 150 Staff

NBC News has initiated layoffs affecting approximately 150 employees as the company prepares for its cable network spinoff. The cuts represent about 2% of the NBCU News Group workforce and come as shared resources between NBC News and MSNBC are being separated ahead of the Versant Media Group launch later this year.

NBC News Implements Staff Reductions

Layoffs that NBC News staff had been anticipating commenced this week at 30 Rockefeller Plaza, with the company confirming approximately 150 employees are being impacted by the workforce reductions, according to reports. The cuts represent roughly 2% of the NBCU News Group workforce and are scattered throughout the news division, sources indicate.