Paramount Global is considering selling up to a dozen local TV stations, potentially generating $500 million to $1 billion. This move reflects a strategic shift towards digital platforms and highlights concerns about media consolidation and the future of local broadcasting.…
Media Partners Asia’s report shows content investment in India and East Asia's theatrical film, TV, and streaming markets reached $15.5 billion in 2023, but growth slowed to 4% as budgets normalized post-COVID. India led with 12% growth, driven by sports…
Kirby dives into Chick-fil-A's unexpected entry into the streaming space, marking a bold move for a quick-service restaurant brand. The company is set to produce original, family-friendly, unscripted content, leveraging partnerships with established production companies like Glassman Media. This venture…
Sony Corp. and Zee Entertainment have settled all legal disputes related to their failed $10 billion merger in India. The deal collapsed due to leadership disagreements, leading to legal proceedings in multiple courts. Both companies have now withdrawn their respective…
Generation X, accounting for over 40% of streaming watch time among Americans aged 50 and older, has become a key demographic in the streaming market. Streaming usage has grown by over 22% year-over-year, driven in part by this group’s increasing…
Ormax Media’s latest OTT Audience Report 2024 highlights significant growth in India's streaming landscape, driven exclusively by ad-supported video-on-demand (AVOD) platforms. The report estimates the OTT audience at 547 million, marking a 14% increase from 2023, with AVOD rising 21%…
Parks Associates' latest data shows that 71% of U.S. internet households use an SVOD service, with 42% using ad-supported VOD or FAST services. As consumers navigate an overwhelming number of streaming options, 46% of households now have five or more…
Nielsen's latest The Gauge report revealed that streaming accounted for 41.4% of all TV viewing in July, the highest share recorded, surpassing both broadcast (20%) and cable (29.6%). YouTube made history by capturing a 10% share of TV usage, becoming…
India’s Competition Commission (CCI) has raised initial concerns about the proposed $8.5 billion merger between Reliance and Walt Disney’s media assets in the country, particularly over cricket broadcast rights. Cricket dominates India’s sports market, and the combined entity would have…
A Horowitz Research survey reveals that 43% of streaming consumers have signed up for subscription-based services after discovering a TV series on a free, ad-supported streaming TV (FAST) platform. Conversely, 53% of users reduced their spending on subscription services due…
