The European Commission is reportedly preparing to fine Apple for failing to fully comply with the Digital Markets Act (DMA) regarding App Store policies. Although Apple has recently adjusted its rules to permit EU developers to promote external purchase options,…

Business Insider explores how David Zaslav of Warner Bros. Discovery pursued a merger with Paramount throughout 2024 but never made a formal cash offer, a key condition for Paramount's Shari Redstone. With no proposal from WBD, Paramount opted for a…

The Wrap report reveals that major streaming companies like Netflix, Disney, and Paramount are expected to reach a record $126 billion in content investment this year, according to Ampere Analysis. This surge is largely directed towards streaming, with $40 billion…

TVREV highlights that SVODs like Netflix and Disney+ are shifting toward Gen Z engagement, driven by demand for anime and non-English content. Parrot Analytics notes Naruto and My Hero Academia generated $21 million and $15 million in Q2 revenue for…

Shari Redstone will exit the Paramount Global board in 2025 once Skydance Media and RedBird Capital acquire her company, National Amusements Inc., and merge with Paramount. The new entity, temporarily named "New Pluto Global, Inc.," will have an 11-member board…

Comcast Technology Solutions has introduced its next-gen Cloud TV platform, offering broadcasters and video providers a managed solution to streamline multi-platform content distribution across linear, FAST, SVOD/AVOD, and more. With integrated tools for rights protection, advertising, and sustainability, Cloud TV…

Xumo, the Comcast-Charter JV, is expanding its retail reach by partnering with Target to sell Hisense-made Xumo smart TVs at nearly 2,000 stores and on Target.com. This partnership aims to boost Xumo's holiday sales and positions it against established smart…

Fox Corp reported an 11% revenue increase to $3.56 billion in its fiscal Q1, driven by strong performance in sports coverage, notably from UEFA Euros and Copa América tournaments under its “Summer of Soccer” initiative. Net income more than doubled…

Tubi is on track to become a $1 billion revenue generator for Fox Corp this fiscal year, thanks to a 19% sales increase in Q1 driven by targeted political advertising during the U.S. election season. The platform’s advanced geo-targeting capabilities…

Paramount Global is facing a class action lawsuit in California for allegedly sharing subscribers' viewing history and personal information with Meta and TikTok to facilitate targeted advertising. The lawsuit, seeking at least $5 million in damages, claims this violates the…