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Apple TV+ Reportedly Loses $1 Billion on Streaming a Year
https://www.indiewire.com/news/business/apple-tv-reportedly-loses-1-billion-streaming-1235110323
But it supposedly also has 45 million subscribers, and with $124.3 million in revenue.
Per the companyโs most recent earnings, the three months ending in January saw Apple bring in $124.3 billion in revenue, $26.3 billion of which came from Services, a record for the division. Thatโs just for one quarter. For the year, Services brought in more than $96 billion. It can afford to absorb a billion dollars in losses.https://spyglass.org/apple-tv-plus-strategy
It Wasn’t the Apple TV+ Spend, It Was the Apple TV+ Strategy
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VillageRoadShow production studio files for bankruptcy
Village Roadshow (prod company/financier: Wonka, the Matrix series, and Oceanโs 11) has filed for bankruptcy.
Itโs a rough indicator of where we are in 2025 when one of the last independent production companies working with the studios goes under.
Hereโs their balance sheet:
$400 M in library value of 100+ films (89 of which they co-own with Warner Bros.)
$500 M – $1bn total debt
$1.4 M in debt to WGA, whose members were told to stop working with Roadshow in December
$794 K owed to Bryan Cranstonโs prod company
$250 K owed to Sony Pictures TV
$300 K/month overhead
The crowning expense that brought down this 36-year-old production company is the $18 M in (unpaid) legal fees from a lengthy and currently unresolved arbitration with their long-time partner Warner Bros, who theyโve had a co-financing arrangement since the late 90s.
Roadshow sued when WBD released their Matrix Resurrections (2021) film in theaters and on Max simultaneously, causing Roadshow to withhold their portion of the $190 M production costs.
Due to mounting financial pressures, Village Roadshowโs CEO, Steve Mosko, a veteran film and TV exec, left the company in January.
Now, this all falls on the shoulders of Jim Moore, CEO of Vine, an equity firm that owns Village Roadshow, as well as Luc Bessonโs prod company EuropaCorp.
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Google Gemini Robotics
For safety considerations, Google mentions a “layered, holistic approach” that maintains traditional robot safety measures like collision avoidance and force limitations. The company describes developing a “Robot Constitution” framework inspired by Isaac Asimov’sย Three Laws of Roboticsย and releasing a dataset unsurprisingly called “ASIMOV” to help researchers evaluate safety implications of robotic actions.
This new ASIMOV dataset represents Google’s attempt to create standardized ways to assess robot safety beyond physical harm prevention. The dataset appears designed to help researchers test how well AI models understand the potential consequences of actions a robot might take in various scenarios. According to Google’s announcement, the dataset will “help researchers to rigorously measure the safety implications of robotic actions in real-world scenarios.”
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Personalize Anything – For Free with Diffusion Transformer
https://fenghora.github.io/Personalize-Anything-Page
Customize any subject with advanced DiT without additional fine-tuning.
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Google Gemini 2.0 Flash new AI model extremely proficient at removing watermarks from images
Gemini 2.0 Flash wonโt just remove watermarks, but will also attempt to fill in any gaps created by a watermarkโs deletion. Other AI-powered tools do this, too, but Gemini 2.0 Flash seems to be exceptionally skilled at it โ and free to use.
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