AWS has launched the "Cloud Native Agile Production" (CNAP) project, developed with BBC, Sky, Adobe, and others, to streamline live media production in the cloud. CNAP enables faster content creation and editing across multiple platforms. The project will be showcased…

YouTube TV has solidified its position as the 4th largest live TV streaming provider in the U.S., with a subscriber base of over 8 million. After adding 50,000 new subscribers in Q2 2024, the service is poised for further growth…

Comcast’s NBC and Peacock drew 33 million viewers for the 2024 NFL season opener, peaking between 9:30 p.m. and 9:45 p.m. ET. The game averaged 28.9 million viewers, marking the most-watched NFL kickoff game in history. Peacock contributed 4.6 million…

FuboTV has introduced The Triple Play, a proprietary Connected TV (CTV) ad format that offers advertisers a prominent position on Fubo's home screen, launching with a national retailer's back-to-school campaign. The format features branded banners, custom content carousels, clickable branded…

Disney's ESPN is deepening its involvement in the sports betting world by launching ESPN BET in partnership with Penn Entertainment, leveraging its sports content to enhance the betting experience. Penn will pay ESPN $1.5 billion over 10 years and grant…

Disney's internal data leak in July revealed that Disney+ generated over $2.4 billion in revenue during the March quarter, making up 43% of the company's direct-to-consumer revenue, which includes Hulu and ESPN+. This emphasizes Hulu's value as Disney seeks to…

Sony Pictures CEO Tony Vinciquerra revealed that Crunchyroll is the only profitable streaming service aside from Netflix, with Sony planning to expand into genre-specific streaming. He predicts the market will consolidate to 3-4 major platforms, with niche services gaining traction.…

Larry Ellison’s FCC filing outlines plans to revitalize CBS and its owned stations if his acquisition is approved. The merger, involving Ellison’s companies and RedBird Capital, aims to enhance CBS’s national news, live sports, and local station digital presence. Ellison,…

Parrot Analytics shows the average number of network TV episodes has dropped from 16.2 in 2018 to 11.8 as of July 2024, while streaming seasons have shrunk from 10.7 to 9.3 episodes. Rising production costs, declining ratings, and subscription growth…

Sony Pictures Entertainment CEO Tony Vinciquerra warned of "chaos" in Hollywood over the next two years, predicting a wave of mergers, bankruptcies, and sales. He highlighted the struggles of companies with cable networks, contrasting Sony’s position with that of Warner…