AMC Networks added 200,000 streaming subscribers in Q3 2024, reaching 11.8 million, while streaming revenue grew by 7% to $152 million. However, U.S. advertising revenue declined by 10%, offset slightly by international growth. The company is prioritizing digital-first advertising strategies…
Warner Bros. Discovery’s Max is now available as a Prime Video add-on in Sweden and as HBO Max in Holland, offering ad-supported and standard plans with Eurosport’s live sports access. This move supports WBD’s global subscriber growth, now over 110…
The Cincinnati Reds are seeking a new broadcast partner after ending their long relationship with Bally Sports (now FanDuel Sports Network Ohio) following a failed agreement with Diamond Sports Group. As part of the separation, the Reds are selling their…
TEGNA has appointed Dhanusha Sivajee as Chief Experience Officer, where she will lead brand, marketing, and digital consumer product development for TEGNA’s local TV and digital platforms. Sivajee, previously CMO at Angi, Inc., brings extensive experience from roles at AOL…
Sony Pictures faced mixed outcomes in Q2, with declines in home entertainment and theatrical revenues offset by strong growth in streaming and music. Group-wide, Sony’s net income surged 75%, driven by strategic gains in gaming and third-party content licensing. Sony’s…
Paramount Global reported its second consecutive quarterly profit in streaming, driven by a $49 million gain and 3.5 million new subscribers for Paramount+. Overall revenue fell 6% due to declines in the TV and film segments, with linear TV profits…
Parks Associates’ report, “Battle of the Platforms: Assessing Connected TV Ecosystems,” reveals that Roku, Amazon Fire TV, and Samsung dominate U.S. streaming devices, accounting for 65% of primary streaming devices in households. Roku and Amazon lead in media players, while…
TVREV digs into Warner Bros. Discovery’s legal fallout with the NBA, uncovering specifics of the league’s new deals with NBC and Amazon. NBC’s contract includes an early-week schedule with national game slots, limited betting features, and required NBA promotions across…
The St. Louis Cardinals have secured a multi-year broadcast deal with Diamond Sports, now FanDuel Sports Network Midwest, covering linear and digital rights. This deal, with a 20% rights fee reduction, may include a $15/month direct-to-consumer option.
Lionsgate reported mixed fiscal Q2 2025 results, with total revenue of $948.6 million but declining profits across segments, largely due to increased costs and Starz subscriber losses. The company lost 1.2 million Starz customers as streaming and linear subscriptions dropped.
