TheWrap looks at how legacy media companies are inching toward streaming profitability through cost-cutting, bundling, ad tiers, and price hikes, though challenges remain. Disney posted its first combined streaming profit, with ESPN+ leading the charge, while Paramount+ and Warner Bros.…

iSpot has been certified by the U.S. Joint Industry Committee (JIC) for its TV ad measurement capabilities, including its iSpot Data Connect methodology. This makes iSpot the only provider certified for transactions across all key currency classifications in TV advertising.…

The streaming industry faces rising subscriber churn as platforms raise prices and competition heats up. Despite adding 55.2 million subscribers in Q1 2024, 50.4 million cancellations occurred, reflecting market volatility. To combat this, streamers are turning to bundling, ad-supported tiers,…

Lionsgate is on track to split into two companies by the end of 2024, separating its movie studio from the STARZ cable channel and streaming service. Despite a slight dip in subscribers, STARZ remains a strong asset with 21.3 million…

Twitch has introduced 60-second video stories, allowing streamers to create or upload videos via the mobile app to keep viewers engaged while away from their setup. The feature aims to reduce reliance on other platforms like Instagram by offering tools…

Gen Z's increasing loneliness, driven by the COVID-19 pandemic and digital communication, is influencing their media preferences. UCLA's 2023 "Teens & Screens" study found that 52% of respondents aged 10 to 24 prefer content focused on friendships rather than romantic…

Rivian is adding built-in Apple Music streaming to its electric vehicles as part of a new software update, following the company's decision not to offer Apple CarPlay or Android Auto. Instead, Rivian is pushing its paid Connect Plus subscription service,…

DoorDash has partnered with Warner Bros. Discovery to offer a free Max With Ads subscription to its DashPass customers. This benefit, valued at $9.99 per month, is included at no extra cost for DashPass members, who pay $96 annually for…

Cineverse reported that its free ad-supported streaming television (FAST) channels achieved 2.26 billion minutes watched in Q2 FY 2024, a 73% increase from the same period last year. The growth was driven by owned and operated digital brands, partner brands,…

Comcast's Peacock streaming service set new records during its coverage of the 2024 Summer Olympic Games, with subscribers streaming over 23.5 billion minutes of content, a 40% increase from previous Olympics. Peacock provided live coverage of every event, simulcasts of…