entertainment

entertainment

Photo: Gamefam/Cirque du Soleil Entertainment Group

After almost 40 years since its founding, Canadian entertainment powerhouse Cirque du Soleil is embracing the metaverse.

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Evan Xie

Last week, Comcast reported their Q1 earnings for 2023, which included some insight into how the Peacock streaming service is performing. Much of the news was positive. Peacock has now hit 22 million subscribers, a 60% boost from the same period just one year ago. Revenue was also up to $685 million, a 45% jump over last year.

Surprisingly, this still wasn’t enough to fully put the streaming service in the black. Higher content costs at Peacock led to a 25.5% drop in EBITDA for its entire division. We can’t know exactly how much of that relates specifically to Peacock content – Comcast doesn’t break down the numbers that way – but it’s a considerable chunk.

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Photo: Storia AI

Traditionally, becoming a professional video editor takes years of experience, long hours and an often maddening struggle against complicated software. As such, it’s a field with a high skill barrier to entry. In Hollywood, especially, it’s rare to become a film editor without a formal education in the field.

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