The Trade Desk missed its revenue guidance for the first time in over eight years, causing shares to drop 27% after hours. Despite 22% revenue growth to $741 million and doubled net income, Wall Street reacted to the shortfall from…
Philo has reached 1.3 million subscribers, growing 20% year-over-year, and expects to turn its first profit in 2024 with $450 million in annual revenue. The company has also acquired TVOD service Row8, which will be integrated by 2026, and hired…
JioCinema and Disney’s Hotstar have merged into JioHotstar, integrating content from Disney, Warner Bros, NBCUniversal, and Paramount. The move follows Reliance’s $8.5 billion merger with Disney’s Indian assets, creating a joint venture that controls 85% of India's streaming market.
From the Archives revisits Boxee, an early streaming pioneer that integrated online content, local media playback, and social features into an open-source platform. Initially gaining traction with software for Mac, Linux, and Apple TV, Boxee later launched the Boxee Box…
Skip unpacks Sony Pictures Entertainment's rough quarter, with profits sliding 21% to $223 million due to rising marketing costs and weaker catalog licensing. Despite a 6% revenue bump to $2.62 billion, operating income fell 16.5%. Meanwhile, PlayStation and Sony Music…
Apple is launching a dedicated Apple TV+ app for Android, expanding its reach beyond its own ecosystem. This move aligns with Apple's broader strategy of prioritizing content distribution over platform control, ensuring Apple TV+ is accessible on as many devices…
ESPN is in talks to acquire NFL Network, NFL RedZone, and the league’s fantasy platform, potentially integrating them into its upcoming Flagship streaming service. The deal would strengthen ESPN’s negotiating power with cable distributors while allowing the NFL to offload…
YouTube’s biggest screen is now the TV, with more watch time happening on television than on mobile or desktop. In December 2024, YouTube accounted for 11.1% of total U.S. TV viewing—beating Netflix, Prime Video, and Hulu—marking a major shift in…
Tastemade is expanding its Jamie Oliver content with three new series—Jamie Oliver: Seasons, Jamie: Fast and Simple, and Jamie Cooks Italy—through a new deal with Fremantle. The shows will stream across Tastemade’s FAST channels and be ad-free for Tastemade+ subscribers.…
Philo now has 1.3 million paying subscribers, an increase of 300,000 from last year, and generated $450 million in revenue in 2024. The company expects to reach full profitability next year. To support growth, Philo hired Edward King, formerly of…
