Philo now has 1.3 million paying subscribers, an increase of 300,000 from last year, and generated $450 million in revenue in 2024. The company expects to reach full profitability next year. To support growth, Philo hired Edward King, formerly of…

TAG Video Systems and Witbe have partnered to enhance video monitoring and quality assurance across the entire OTT content delivery chain. The collaboration combines TAG’s Content Matching technology with Witbe’s Virtual NOC for real-device monitoring, offering end-to-end visibility from source…

Parler Cloud Technologies has completed its acquisition of Edgio’s content delivery network (CDN) business, EdgeCast, following a bankruptcy auction. The deal expands Parler’s data centers from five to 25 across seven countries and integrates EdgeCast into its Triton DataCenter for…

Major League Baseball (MLB) is warning that it may walk away from ESPN if the network opts out of their national TV deal next month. ESPN, which pays MLB $550 million per season, is expected to exercise the opt-out clause,…

ESPN and Major League Rugby (MLR) have signed a multiyear media rights deal that will bring all MLR regular season and playoff games to ESPN+, with select matches airing on ESPN2. The agreement aims to expand MLR’s reach as the…

Paramount Pictures has struck a major slate financing deal with Domain Capital Group, covering at least 30 films, including The Smurfs Movie, The Naked Gun reboot, and The Running Man. The agreement, which could extend to 40 films, expands Domain’s…

Netflix is rolling out its in-house ad tech across Europe on February 24, expanding programmatic ad buying in key markets. Advertisers are pushing for lower prices as competition from Amazon and YouTube drives down CPM rates. While Netflix has added…

On Fast Company's Most Innovative Companies podcast, Warner Bros. Discovery's JB Perrette discussed Max’s global expansion to 74 markets, driving its subscriber count to 110 million. The company is leveraging existing IP, increasing local original content, and using AI to…

Netflix is reportedly considering a bid for Formula 1's U.S. media rights, potentially taking over from ESPN, whose exclusive negotiating window has expired. The streamer, credited with F1's growing popularity in the U.S. due to Drive to Survive, has been…

The FCC is weighing new rules to crack down on loud TV commercials after a surge in complaints. While the 2010 CALM Act set volume limits, enforcement has been weak, and streaming remains unregulated. A proposed rulemaking could tighten oversight—including…