Disney's early streaming profitability highlights the struggles of Warner Bros. Discovery (WBD) and Paramount Global. WBD's Max gained 3.6 million subscribers but lost $107 million last quarter, while Paramount posted a modest $26 million streaming profit. Both companies are heavily…

The Walt Disney Co., Warner Bros. Discovery, and Fox Sports plan to launch their sports streaming app, Venu, by the end of this month, earlier than expected. This launch comes as a federal judge, Margaret Garnett, deliberates on FuboTV's lawsuit…

Netflix will partner with CBS Sports to produce live NFL streams for Christmas Day games in a one-year deal. CBS will provide production crews in exchange for a fee and promotional spots, while Netflix navigates challenges related to ad sales…

AMC Networks reported a 600,000 increase in SVOD subscribers in Q2 2024, reaching a total of 11.6 million across platforms like AMC+, Acorn TV, and Shudder. Streaming revenue grew 9% to $150 million, while overall subscription revenue, including linear TV,…

Plex expanded its FAST offering by launching 92 new channels in July, bringing its global total to nearly 1,200 channels across 195 countries. The company added diverse content, including new single IP channels and sports coverage, further solidifying its extensive…

XITE, the music video platform, has launched its CTV app on Vizio Smart TVs, allowing viewers to access its library of music videos and curated channels. Users can also create personalized playlists directly from their Vizio TVs, enhancing their music…

Lionsgate reported first-quarter fiscal 2025 revenue of $834.7 million, an 8% decline year-over-year, with a net loss of $59.4 million. The Studio Business saw a 5.9% revenue drop, with the Motion Picture segment revenue down 15% but profit up 24%.…

News Corp. reported a 6% revenue increase year-over-year to $2.58 billion in Q4 fiscal 2024, with a net income of $71 million, reversing a net loss from the previous year. Growth was driven by digital real estate services, book publishing,…

Paramount's Q2 2024 earnings report revealed a 2.8 million subscriber loss for Paramount+, attributed to the planned exit from a South Korean bundle deal. Despite this, the company reported strong financial performance with a 16% increase in advertising revenue and…

Apple, in response to the EU's ruling on its App Store anti-steering policies, has announced changes that allow developers more freedom to link to external payment methods. Developers can now use dynamic URLs and in-app web views for these links.…