Kirby breaks down the real streaming war—not the one between platforms, but the one waged by investors, analysts, and bankers behind the scenes. Instead of content and subscribers, this battle is about controlling narratives to move markets, where a well-timed…
Good Good Golf has raised $45 million in a funding round led by Creator Sports Capital, with participation from Omaha Productions and others, to scale its media and commerce initiatives. The creator-driven golf media company, which boasts over 1.75 million…
SiriusXM is laying off 160 employees, about 3% of its workforce, as it refocuses on digital streaming and in-car technology amid growing competition from on-demand audio platforms. The company has struggled with slowing revenue growth, a declining self-pay subscriber base,…
Paramount and Skydance are pushing to close their $8 billion merger by March 20, but they’re still waiting on FCC approval and dealing with a lawsuit from NYC pension funds. The deal includes Skydance buying National Amusements for $2.4 billion…
E. W. Scripps Company reported $2.5 billion in revenue for 2024, reflecting nearly 9% growth. The company delayed its Q4 and full-year earnings report to finalize a refinancing deal covering 70% of its debt, including a $1.3 billion restructuring and…
Universal Music Group reported a 6.5% revenue increase in 2024 to $12.8 billion, with subscription revenue up 8.2% despite a 5.1% drop in streaming revenue. Cost-cutting through layoffs boosted profits, with adjusted EBITDA rising 13.8% to $2.88 billion. UMG emphasized…
For the first time, streaming revenue in Europe has overtaken public service broadcasting (PSB), hitting €38.4 billion ($40.3 billion) by 2029, while PSB revenue stagnates at €27.9 billion ($29.3 billion). With Netflix, Disney+, and Amazon driving growth through price hikes…
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…
Fubo’s Q4 revenue rose 8% to $433.8 million, while net losses per share narrowed to 2 cents. Subscribers hit 1.7 million but are expected to decline in Q1 due to a TelevisaUnivision dispute. Shares fell 20% after the report. CEO…
Warner Bros. Discovery’s streaming unit posted a $409 million quarterly profit, a sharp turnaround from last year, while total subscribers hit 116.9 million—including HBO cable users. Meanwhile, linear networks saw a 5% revenue drop, with ad revenue plunging 17%. Despite…
