Global streaming media device (SMD) shipments are projected to decline from 64.4 million units in 2023 to 52.3 million units by 2028, with a compound annual growth rate (CAGR) of -4.1%, as mature markets experience slowing demand. Rising opportunities in…

YouTube has introduced AI-powered tools for its Shorts platform, including the Veo feature that allows creators to add AI-generated backgrounds and create six-second videos from text prompts. Rolling out in 2024 and 2025, these tools aim to streamline content creation.…

Warner Bros Discovery (WBD) and VIDAA have signed a distribution deal that allows users of VIDAA-powered smart TVs in over 60 countries to access the Max streaming service. This partnership also grants VIDAA TV users in Belgium and the Netherlands…

Netflix will release its biannual viewership report today, titled "What We Watched: A Netflix Engagement Report," covering the first half of 2024. The report will provide detailed viewing data, with co-CEO Ted Sarandos pushing for more transparency across the streaming…

A new study by Digital i reveals that Netflix’s ad-free subscribers watch 40% more content daily than ad-supported users, consuming 34 additional minutes on average. Despite paying significantly more, ad-free users stream more Netflix, which remains dominant in the U.S.,…

Lionsgate has partnered with AI research firm Runway to develop a custom generative AI model tailored to Lionsgate's content. This marks the first collaboration between Runway and a major Hollywood studio, with the AI aimed at supporting filmmakers in preproduction…

Disney India is seeking $940 million in damages from Zee Entertainment Enterprises Limited (ZEEL) over a collapsed cricket rights deal. Disney had sub-licensed TV broadcast rights for ICC men's tournaments to ZEEL for $1.4 billion, but the deal fell apart…

Digiday reports that lower fill rates for FAST channels stem from a supply-demand imbalance in the streaming ad market. Advertiser demand is growing, but streaming ad inventory—boosted by ad-supported tiers from Disney+, Netflix, and Amazon Prime Video—has outpaced it. Amazon…

Paramount Advertising has been hit by layoffs as part of Paramount's broader plan to cut 15% of its U.S. workforce, aimed at saving $500 million annually. The cuts, which impact ad sales teams across various platforms like CBS, MTV, and…

Monumental Sports Network has rebranded to Monumental Sports+ ahead of the 2024-25 NBA and NHL seasons, offering Washington D.C.-area fans enhanced features like multiview streaming, alternate camera angles, and exclusive content. The pricing remains the same at $19.99/month or $199.99/year,…