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TL;DR
In a hurry? Here's our pick of the top news items of the week.
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Broadway’s 2024-2025 season grossed $1.89B across all productions, marking the highest season on record and a recovery from the pandemic. (THR)
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Meta AI now has 1B monthly active users across its apps, doubling from September 2024. (Tech Crunch)
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For the third straight month, YouTube led all US media companies in TV viewing time, capturing 12.4% of all TV use. (THR)
Audiences
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As of March 2025, streaming represented 43.8% of overall TV time in the US – an increase of 10 points in two years. (Nielsen)
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48% of US adults want brands to be clear and thorough about price increases, explaining reasons including tariffs. (EMarketer)
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61% of global Snapchat users say they make apparel-related purchases on social media, directly from brand posts or ads. (Snapchat)
Platforms
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Instagram announced that the platform now supports 3:4 aspect ratio photos, which is the native format for most phone cameras. (Social Media Today)
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YouTube is bringing Lens to Shorts, letting users search for more information about the animals, plants and items you spot within a video. (The Verge)
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X is looking to sign-up more original content, as part of its expanded video push, with the launch of a new “X Originals” moniker for its expanding slate of programming. (Social Media Today)
Content
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Disney+ is bringing viewers back to the 1990s and early 2000s with its new Disney+ Throwback collection that includes titles such as "Lizzie McGuire," "The Cheetah Girls" and "Buffy The Vampire Slayer." (abc13)
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"Lilo & Stitch" has teed up this summer’s box office to arguably become the best one since Covid after breaking a slew of records over Memorial Day weekend. (Deadline)
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Fox Sports’ coverage of the Indianapolis 500 drew more than 7M viewers for the Sunday running, making this year’s race the most-watched Indy 500 since 2008. (Yahoo)
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Prime Video, Disney+ and Netflix account for 92% of available sports programming on streaming services, according to new data from Nielsen. (Media Play News)
Tech &
AI-
Perplexity, the AI-powered search engine competing with Google, released Perplexity Labs, a tool for paying subscribers that can craft reports, spreadsheets, dashboards and more. (Tech Crunch)
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More than a decade after its Google Glass flopped, Google is developing a new generation of augmented reality glasses designed to merge the physical and digital worlds. (Axios)
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The New York Times has struck a multi-year AI licensing deal with Amazon that will bring its “editorial content to a variety of Amazon customer experiences." (The Verge)
Location-based
entertainment-
Paramount is set to open an immersive Top Gun-themed entertainment destination at The Strat Hotel in Las Vegas in 2028. (Attractions Magazine)
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Airbnb has announced a new live music-focused partnership with Lollapalooza, meaning guests will have access to curated experiences across its international roster of events. (Ticketing Business)
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Following a major 4-year renovation, The Metropolitan Museum of Art reopened its Rockefeller Wing this weekend, which contains more than 1,800 works spanning five continents and hundreds of cultures. (Blooloop)
Travel &
hospitality-
Over 300M tourists traveled internationally in the first three months of 2025, a 5% rise from last year and 3% more than pre-pandemic year 2019. (Skift)
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Southwest announced it will charge passengers $35 for one checked bag and $45 for a second starting this week, effectively ending its "bags fly free" policy. (Skift)
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United Airlines and JetBlue announced a new partnership that will allow passengers to earn and spend frequent flyer miles between the airlines. (USA Today)
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Contrary to popular perception, the cost of domestic and international flights for Australians has risen at half the rate of general inflation. (Karryon)
Gaming
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Apple is planning to debut a dedicated gaming app within days of Nintendo’s Switch 2 arrival. (Bloomberg)
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The global gaming market is on track to reach $535B by 2033, according to data from IMARC Group. (Open PR)
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EA announced it canceled its Marvel Black Panther game and shut down its developer, Cliffhanger Games. (Gaming Bible)
