Variety analyzes how streamers like Netflix and Amazon are evolving their content acquisition strategies in Europe, shifting from aggressive rights grabs to more flexible licensing models. This change presents new opportunities and challenges for broadcasters and indie producers, with streamers…

RSN valuations have dropped 97% in six years, from $20 billion in 2018 to $600 million, according to CNBC’s Mike Ozanian. This sharp decline, fueled by cord-cutting and the decreasing value of live local sports on cable TV, explains why…

Coca-Cola has appointed Netflix Chief Content Officer, Bela Bajaria, to its board. Bajaria brings extensive global media and business expertise, including overseeing Netflix’s $17 billion content budget. Her media background will be valuable as Coca-Cola evolves its marketing strategies.

Cox is now offering the Xumo Stream Box to its Internet-only customers for $60. Developed by Comcast and Charter, the device provides access to major streaming services like Netflix, Hulu, and Disney Plus, along with live TV and free ad-supported…

Janko Roettgers is keeping his foot on the gas with his Redbox coverage, now exposing the company's outdated privacy practices. Redbox kiosks have been found to store rental data and partial payment information without proper encryption, particularly when operating offline,…

Former NBCUniversal CEO Jeff Shell is expected to become president of Paramount Global after its merger with Skydance Media in 2025. Shell will oversee daily operations alongside Skydance CEO David Ellison, with a focus on transforming Paramount through cost-cutting and…

The LA Times reports that AI companies like OpenAI have pitched Hollywood studios on the potential of AI tools to streamline the production of films and TV shows, but major partnerships have yet to materialize. Despite a high-profile deal between…

Sony and Disney marketing execs discussed using TikTok and influencers to boost audience engagement at the Variety and TikTok Culture Catalysts Dinner. They highlighted how TikTok's algorithm and authentic influencer partnerships are crucial for building fan communities and driving business…

Comcast plans to offer live sports from NBC regional sports networks on Peacock, giving fans in four markets access to NBA, NHL, and MLB games without cable. Details are still being negotiated, and the launch could be delayed beyond early…

By creating sports IP that resonates culturally, Overtime has positioned itself as a key player in the sports media landscape. The company builds its own leagues, like Overtime Elite, and secures partnerships with brands such as the NFL and NBCUniversal…