Amazon reported Q2 subscription services revenue of $10.86 billion, a 10% increase from the previous year. This includes Prime memberships, digital content, and other non-AWS services. Amazon MGM Studios released 19 movies and TV series, with "Fallout" and "The Boys"…

Roku's shares rose over 6% after reporting better-than-expected Q2 2024 results. The net loss narrowed to $33.95 million, with revenue increasing 14% to $968 million. Streaming households grew to 83.6 million, driving an 11% increase in platform revenue. Roku highlighted…

Snap reported 432 million daily active users in Q2 2024, a 9% year-over-year increase. Revenue rose to $1.24 billion but fell short of expectations, leading to a 22% drop in share value. Net loss decreased to $249 million from $377…

Disney, Fox, and Warner Bros. Discovery have announced Venu Sports, a new live sports streaming service costing $42.99 per month. Launching in fall 2024, Venu will offer a seven-day free trial and feature live sports events from NFL, NBA, MLB,…

Banijay Group, formerly FL Entertainment, reported an 8.6% revenue increase to €2 billion in the first half of 2024. While online sports betting and gaming revenues surged by 41.7% to €698 million, content production and distribution revenues declined by 2.7%…

Nielsen's streaming content ratings reveal that the week of July 1-7, 2024, was the biggest ever for streaming, with TV users logging 313 billion minutes. Each of the top 10 titles surpassed 1 billion minutes of viewing, led by Netflix's…

Dolby has acquired THEO Technologies to enhance its real-time streaming capabilities, particularly for sports and entertainment. The acquisition will combine Dolby Millicast's ultra-low latency streaming with THEO's cross-platform playback solutions, aiming to boost fan engagement through interactive, real-time content. Financial…

Parks Associates' new data shows Roku remains the leading streaming media player brand, used by 43% of SMP owners, followed by Amazon at 35%. Despite the growth of SMPs, now in 46% of U.S. internet households, smart TVs are more…

Lionsgate and Curtis "50 Cent" Jackson have partnered to launch a free ad-supported channel, 50 Cent Action, featuring Lionsgate’s action-packed library, including "Power" and "The Expendables." Jackson will curate and promote the channel, aiming to deliver high-quality content. This new…

Fox Corp. reported growth in both linear and digital advertising commitments, with notable double-digit volume increases for its Tubi streaming platform. Despite a challenging upfront market with increased competition from ad-supported streaming tiers, Fox maintained strong pricing for Tubi and…