Patreon's rivalry with Substack is growing. Who will win over the creators?

Lionsgate shareholders have given the green light to a major split, dividing the studio and Starz operations into two separate entities. This change is aimed at boosting flexibility and creating more value for shareholders. Todd Spangler for Variety has the details.

Peacock has cut its losses down to $215 million and is seeing a big jump in subscribers, now at 41 million. Etan Vlessing for The Hollywood Reporter reports that this shows the service is still growing strong in a crowded streaming market.

MLB is leaning into anime culture to attract younger, more diverse fans with its latest ad campaigns. Players who are big anime enthusiasts take center stage, blending baseball with a cultural movement. Jeff Beer has the story for Fast Company.

Looks like Conclave is getting a lot more attention after Pope Francis’s death. Aimee Ortiz for The New York Times shares that the doc dives into the behind-the-scenes process of picking a new pope, and now more people are tuning in to learn about it.

In a recent article by Geoff Weiss for Business Insider, seven former YouTube executives reflect on the pivotal moments that turned the platform from a "pirate ship" into the king of online video. They explore key decisions and transformative moments that helped shape YouTube into the dominant force it is today.

Meta is rolling out ads in Threads worldwide, bringing the platform a step closer to making money from its users. While Threads has had a bit of a rough start compared to rivals like X (formerly Twitter), this ad push could be the game-changer. Mark Mwachiro has the details over at Adweek.

Chinese manufacturers are now taking to TikTok to get their products out there, thanks to the ongoing trade issues with the U.S. Sapna Maheshwari and Ang Li for The New York Times explain that they’re bypassing traditional channels, using social media to dodge tariffs and political red tape.

Patreon and Substack are going head-to-head in the battle for creators’ attention. Patreon sticks to its subscription model, offering exclusive content, while Substack leans into the power of newsletters. Henry Chandonnet from Fast Company breaks it all down.

Discord’s CEO, Jason Citron, is stepping down to focus on other projects within the company. This comes as Discord tries to balance its gaming roots with a more business-friendly approach. Eli Tan from The New York Times has the scoop.

Nike’s shaking things up, bringing in a new strategy chief to help turn things around. Bloomberg for The Business of Fashion reports the brand is hoping this move helps it adapt to changing shopper habits and tough competition.