ESPN reportedly sought to cut its annual MLB rights payments from $550 million to just $200 million before opting out of its contract. The network’s valuation of its MLB package— which includes Sunday Night Baseball, the Home Run Derby, and…
Disney has cut 200 jobs across ABC News and its entertainment networks, shutting down FiveThirtyEight and consolidating teams. A+E Networks is rebranding as A+E Global Media, ditching its cable-era baggage to go all-in on streaming, FAST, and digital content. While…
YouTube has expanded its $7.99 Premium Lite plan to the U.S. while surpassing 125 million paid subscribers across YouTube Premium and YouTube Music, a 25% increase in a year. The Lite tier offers ad-free video but lacks ad-free music, offline…
Philo is introducing a $4 monthly surcharge for subscribers who pay through Apple’s in-app billing, raising their total cost from $28 to $32 starting March 4, 2025. This move reflects a broader industry pushback against Apple’s commission fees, which take…
Fabric has acquired BB Media to enhance its media data intelligence capabilities, integrating BB Media’s expertise in audience analytics and market intelligence. The move strengthens Fabric’s ability to provide a more connected data ecosystem, optimize studio workflows, and enhance AI-driven…
Fubo reported $1.58 billion in 2024 revenue (up 19% YoY) and 1.676 million North American subscribers (up 3.6% YoY). The company is expanding its bundling strategy with new sports and entertainment packages, including a skinny broadcast and sports bundle launching…
Warner Bros. Discovery is launching Max in Turkey on April 15, replacing BluTV, the local streamer it acquired in 2023. This marks Max’s 77th market and signals WBD’s push for international growth, with increased investment in Turkish originals alongside global…
MrBeast is now valued at $5 billion—more than AMC Networks and Lionsgate combined—showing just how much YouTube has outpaced legacy media. While Hollywood spent billions chasing Netflix, YouTube let creators take over—and profit. With viral videos, a booming brand, and…
NBCU has launched SNL Arcade with Comcast, Cox, and Verizon as an interactive trivia experience tied to SNL50, running from February 27 to March 27. While it appears to be a simple brand extension, the initiative is strategically designed to…
The Wrap compares how major streamers stack up in subscribers and revenue, highlighting Netflix’s dominance with 301.63 million subscribers—well ahead of Disney+ (203.8M), Warner Bros. Discovery (116.9M), Paramount+ (77.5M), and Peacock (36M). Netflix also leads in ARPU at $17.26 in…
