iWorld
YouTube TV announced for US markets, Asia next?
MUMBAI: From user generated content on YouTube in the beginning to original content on YouTube Red to live streaming of more than 40 channels in the US on YouTubeTV – that’s the direction the world’s largest media company Google is taking. Earlier this week Google announced the launch of the service at a monthly sticker price of $35 for six user accounts per home. Each account comes with its own viewer profile which tracks what you watch to enable recommendation and separate cloud based DVRs with unlimited storage.
No launch date for the service has been announced, but YouTube is asking interested users to sign up for it to get updates on it. Additionally, it will be introduced in select premium markets in the US before being rolled out nationally.
Google had earlier this year signed on CBS to deliver its content live on YouTube TV and has added other major broadcast networks such as ABC, Fox, and NBC and cable channels such as ESPN, FX, USA, E!, Bravo, CNBC, Fox News, MSNBC to that roster. Subscribers can also watch premium cable TV channels such as Showtime and Fox Soccer Plus by anteing up some extra dollars. YouTube TV is also working with local TV stations and regional sports networks across the US to provide users with local TV news, weather, and sports.
With YouTube TV’s announcement, Google is seeking to offer younger video viewers an alternative to expensive cable TV and it is also running head to head in competition with services such as Dish’s Sling TV, Sony’s Playstation Vue, AT&T’s DirecTV Now, and Hulu which is slated to launch a live streaming app in the near future.
Media watchers are speculating whether YouTube TV will be launched in Asia soon. You Tube chief business officer Robert Kyncl is expected to be in Asia next month for a major video distribution conference.
Watch this space for more news!
iWorld
Netflix cuts jobs in product division amid restructuring
Layoffs hit creative studio unit as leadership and strategy shifts unfold.
MUMBAI: The streaming wars may be fought on screen, but the latest plot twist is unfolding behind the scenes. Netflix has reportedly begun laying off several dozen employees from its product division as part of an internal reorganisation, according to a report by Variety. The cuts are believed to have primarily affected the company’s creative studio unit, which works on marketing assets such as in app trailers, promotional visuals and live experience content for the streaming platform.
The company has not disclosed the exact number of employees impacted.
According to the report, the layoffs were not tied to employee performance. Instead, the restructuring eliminated certain roles while other employees were reassigned to different teams within the organisation.
The roles affected are understood to include designers, producers and creative specialists responsible for marketing and brand experience initiatives.
The job cuts come as Netflix adjusts its leadership structure and reshapes its product and creative teams. Last month, Elizabeth Stone was promoted from chief technology officer to chief product and technology officer, giving her oversight of product, engineering and data operations across the company.
Earlier, in December 2025, Netflix also appointed Martin Rose as head of creative for global brand and partnerships, a move seen as part of a broader restructuring of the company’s brand and product functions.
Despite the layoffs, Netflix remains one of the largest employers in the streaming sector. The company is estimated to employ around 16,000 people globally, with roughly 70 percent of its workforce based in the United States and Canada. In 2023, the company reported approximately 13,000 employees, indicating that its headcount had grown significantly before the latest restructuring.
The workforce changes arrive at a time when Netflix is navigating a shifting financial and strategic landscape in the global entertainment industry.
The streaming giant recently secured $2.8 billion in additional cash after receiving a breakup fee from Paramount Skydance following its withdrawal from a deal involving Warner Bros. Discovery.
Speaking to Bloomberg, Netflix co chief executive Ted Sarandos explained that the company had evaluated multiple scenarios during the negotiations but chose not to match the competing offer once it learned that a higher bid had been submitted.
Netflix had capped its offer at $27.75 per share and ultimately stepped back rather than pursue Paramount’s $111 billion acquisition deal, which included a personal guarantee.
Sarandos also cautioned that the financing structure behind the Paramount Skydance transaction could have ripple effects across the entertainment industry.
According to him, the debt heavy deal could trigger significant cost cutting, with David Ellison, chief executive of Paramount Skydance, expected to eliminate about $16 billion in costs and potentially cut thousands of jobs as part of the integration process.
For Netflix, the current restructuring appears to be part of a broader attempt to streamline operations while continuing to invest in product, technology and global content even as the streaming industry enters a new phase of consolidation and financial discipline.
