Disney, P&G, LVMH, and other large companies have hired chief metaverse officers, seeking to capitalize on Web3, but questions remain about their usefulness (Matthew Boyle/Bloomberg)

Matthew Boyle / Bloomberg:
Disney, P&G, LVMH, and other large companies have hired chief metaverse officers, seeking to capitalize on Web3, but questions remain about their usefulness  —  Advertising giant Publicis Groupe SA introduced the newest member of its C-suite at a technology conference in Paris this year.

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Sources: Disney explores a membership program similar to Amazon Prime, bundling streaming, theme parks, and merchandise, and adding commerce features to Disney+ (Wall Street Journal)

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+

Bob Iger returns to a more competitive and challenging streaming landscape and should steer Disney+ to profitability without cannibalizing Disney’s other units (Sarah Krouse/Wall Street Journal)

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

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 (Lauren Forristal/TechCrunch)

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 …

Google Cloud launches Medical Imaging Suite, a tool set for healthcare professionals that uses AI to scan medical images with faster and more accurate diagnoses (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE:
Google Cloud launches Medical Imaging Suite, a tool set for healthcare professionals that uses AI to scan medical images with faster and more accurate diagnoses  —  Google Cloud is bringing its expertise in vision-based artificial intelligence to the healthcare industry with the launch of its new Medical Imaging Suite today.

Disney rolls out ad-supported Disney+ for $7.99 per month; the ad-free version will now cost $10.99 per month, up from $7.99 (Joseph De Avila/Wall Street Journal)

Joseph De Avila / Wall Street Journal:
Disney rolls out ad-supported Disney+ for $7.99 per month; the ad-free version will now cost $10.99 per month, up from $7.99  —  The overhaul of Disney+ comes after a slowdown in subscriber growth for streaming services  —  Walt Disney Co. DIS .68%increase; green up pointing triangle rolled …

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 (Alex Weprin/The Hollywood Reporter)

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.