LatAm FAST revenues are forecast to grow from $231 million in 2024 to $569 million by 2029, driven by surging demand in key markets like Brazil ($303 million by 2029) and Mexico ($163 million by 2029). This rapid expansion presents…
Netflix blew past expectations in Q4 2024, adding a record-breaking 19M subscribers and crossing 300M total. With subscriber numbers retired, the focus shifts to revenue, margins, and its bold bets on live sports and ads.
Netflix positions its ad-supported business as a central pillar of its growth strategy, projecting significant expansion in streaming ad revenue. While estimates for 2025 vary—ranging from $3.2 billion to $4.24 billion—Netflix’s ad-supported memberships are growing rapidly, accounting for 50% of…
The Diamond Sports Group on Thursday emerged from its Chapter 11 bankrupty case, and now it has a new name: "Main Street Sports Group." This article, Diamond Sports rebrands to Main Street Sports after emerging from Chapter 11, was first…
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.
