Reviews.org’s 2024 survey found that American spending on streaming services dropped 23%, averaging $42.38 per month compared to $55.04 in 2023. The decline is driven by "streaming fatigue," experienced by 27.8% of respondents, and rising cable/satellite costs, which increased 11%…
Ryan Faughnder chronicles Hollywood's 2024 struggles, highlighting key challenges such as L.A.'s faltering production economy, Warner Bros. Discovery's loss of NBA rights, and the decline of the cable bundle. California's inability to compete with global tax incentives has exacerbated production…
PricewaterhouseCoopers forecasts a robust 2025 M&A market in media and telecom, citing pent-up demand and favorable regulatory shifts. The report anticipates a surge in dealmaking, driven by advances in AI, abundant capital, and pro-deregulation policies under new FTC and FCC…
BuzzFeed has sold the studio behind the show "Hot Ones" to an affiliate of Soros Fund Management for $82.5 million. The sale is part of BuzzFeed's shift away from content-driven revenue to focus on high-margin, tech-enabled strategies like programmatic advertising…
Paramount Global is restructuring its distribution teams ahead of its 2025 merger with Skydance Media, integrating streaming and TV networks distribution. The move includes layoffs and follows broader cost-cutting efforts to save $500 million annually. Key executive Jeff Shultz will…
Warner Bros. Discovery is restructuring into two units: Global Linear Networks and Streaming & Studios. The move aims to unlock shareholder value but faces criticism for dismantling key synergies that power Max and global growth according to Skip.
TVREV highlights that Apple TV+'s 43% price hike in Q4 2023 drove a 33% increase in UCAN revenue and significantly boosted ARPU, despite a rise in churn. The platform’s focus on premium original content, which ranks third in demand share,…
Business Insider has reported ad-industry insiders’ views on Omnicom’s $13.25 billion bid to acquire IPG, sparking speculation of further consolidation in the $70 billion advertising sector. The merger reflects pressures from concentrated ad spending by tech giants, AI disruptions, and…
MoffettNathanson reports that most Q3 AVOD ad spend focused on Netflix, Prime Video, and Disney Plus, while Peacock saw a 49% boost due to the 2024 Summer Olympics. Excluding the Olympics, AVOD market growth was 36%, but overall growth slowed…
Fox Corp CFO Steven Tomsic announced Tubi’s projected $1 billion revenue this year, up from $150 million at its $440 million acquisition. Despite a $240 million loss last year, Tomsic highlighted Tubi’s 1.8% household TV market share, surpassing Peacock and…
