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The streaming wars found equilibrium in 2023, yet 2024 holds 6 defining trends

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In the ever-evolving landscape of the entertainment industry, the year 2023 marked a turning point in the streaming wars. As the dust settled, a state of equilibrium emerged among the major players. However, the year ahead promises to be no less exciting as new trends begin to shape the future of streaming platforms.

1. Metaverse Integration: Streaming services are diving into the metaverse, offering immersive experiences, virtual concerts, and interactive content. How will this affect the viewing experience?

2. Enhanced Personalisation: AI-driven algorithms are set to take personalisation to new heights, tailoring content recommendations with pinpoint accuracy. Will viewers welcome this level of customisation?

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3. Exclusive Content Battles: Exclusive content deals will continue to intensify. Who will secure the most coveted partnerships and what will this mean for subscribers?

4. Niche Content Boom: Niche streaming services are on the rise, catering to specific interests. Can these platforms find their place in an increasingly competitive market?

5. Sustainability Initiatives: Streaming giants are focusing on sustainability. How will eco-friendly practices impact the industry and the planet?

6. Viewer Data Privacy: As concerns grow over data privacy, how will streaming platforms address these issues while still delivering personalised experiences?

As 2024 unfolds, these six trends are poised to redefine the streaming landscape, offering both challenges and opportunities for the industry.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Is GenerativeAI transforming education?

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Educators today are facing an uphill battle, so what’s the solution?

Today’s educators are passionate, but they’re up against diverse classrooms and outdated teaching methods.

In this episode, Trevor Furness, Chief Revenue Officer of Octopus B-I discuss their efforts to transform education. #funding futures

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News

How AI is leveraging Amazon’s fast production

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Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

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Tech

Tesla is slashing prices to stay competitive

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Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each, days after the first-quarter deliveries of the world’s most valuable automaker missed market expectations.

Elon Musk’s electric-vehicle (EV) maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, according to its website.

The basic version of the Model S now costs $72,990 and its plaid variant $87,990. The Model X base variant now costs $77,990 and its plaid variant is priced at $92,900.
Tesla North America also said in a post on X said it would end its referral program benefits in all markets after April 30.

Referral program allows buyers to get extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales.

Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, Reuters reported on Saturday.
On Monday Reuters reported, citing an internal memo, that the EV maker was laying off more than 10% of its global workforce.
Earlier this month Reuters reported the EV maker had canceled a long-promised inexpensive car, expected to cost $25,000, that investors had been counting on to drive mass-market growth.
The EV maker reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years, as price cuts failed to stir demand.

Tesla is to report first-quarter earnings on Tuesday.

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