How Indonesia’s premium streaming video service Vidio is outperforming Netflix and Disney+ in terms of consumption in the world’s fourth most populous country (Lucas Shaw/Bloomberg)

Lucas Shaw / Bloomberg:
Analysis: Amazon is projected to spend ~$15B on programming including sports in 2022, ahead of Netflix’s $13.6B, Disney+’s $9.5B, and Apple’s $6B  —  Good afternoon from Los Angeles.  I am headed to Singapore and Seoul at the end of the month.  If there is anyone I should meet while I am there …

Sarah Krouse / Wall Street Journal:
Bob Iger returns to a more competitive and challenging streaming landscape and should steer Disney+ to profitability without cannibalizing Disney’s other units  —  Incoming CEO championed Disney+, but needs to steer streaming business toward profitability without cannibalizing other Disney units

Lauren Forristal / TechCrunch:
Disney hit 235.7M global streaming subscribers in its Q4, above Netflix’s 223.1M in its Q3; Disney+ had 164.2M subscribers, Hulu had 47.2M, and ESPN+ had 24.3M  —  Disney reported results for the final quarter of its 2022 fiscal year today, revealing a total of 164.2 million Disney+ global subscribers …

Wall Street Journal:
Sources: Disney explores a membership program similar to Amazon Prime, bundling streaming, theme parks, and merchandise, and adding commerce features to Disney+  —  Entertainment giant looks to package streaming, parks and merchandise offerings together; aims to add commerce feature to Disney+

Lucas Shaw / Bloomberg:
How Netflix plans to fight slowing growth, including via an ad-supported tier; Netflix accounts for ~8% of all TV viewership in the US, the most of any network  —  Around noon on Wednesday, March 16, hundreds of Netflix Inc. employees gathered on the second floor of the Anaheim Hilton Hotel expecting to hear good news.

Alex Weprin / The Hollywood Reporter:
Filing: Disney now owns 100% of streaming tech company BAMTech after paying $900M for MLB’s 15% stake in November 2022; Disney acquired a majority stake in 2017  —  Disney acquired a majority stake in the tech company in 2017, and has used it to power its streaming services.