Sonos is launching a set-top designed as a home theater hub with HDMI switching, advanced audio, and content aggregation. It will rely on smartphone control instead of a remote and may include ad-supported features via The Trade Desk. Priced between…
Parks Associates reports that 46% of U.S. internet households (56 million) are Cord Cutters, and 12% have never subscribed to traditional pay TV. The shift away from traditional television is driving the growth of ad-supported streaming, with 59% of subscriptions…
Starz and YouTube have expanded their partnership with a new promo offering YouTube TV and YouTube Primetime Channels subscribers 30 days of free access to Starz’s content. The limited-time deal, available through April, coincides with major televised events like the…
WWE is launching WWE Evolve, a new in-ring series on Tubi, focused on developing up-and-coming talent, particularly from its ID Program. Premiering March 5, the show serves as a proving ground for wrestlers before they reach NXT, featuring a mix…
Spotify reported its first full year of profitability in 2024, with revenue rising 16% year-over-year to €4.2 billion and operating income reaching €477 million. Monthly active users grew 12% to 675 million, while subscribers increased 11% to 263 million.
MSG Sports posted $357.8 million in Q2 FY2025 revenue, up 9% year-over-year, but faces media rights uncertainty due to an Optimum-MSG Networks carriage dispute. Despite strong ticket sales and sponsorships, adjusted operating income fell 45% to $20 million due to…
Netflix has canceled plans to release six games for iOS and Android as part of its ongoing revamp of its games division. Titles including Tales of the Shire, Thirsty Suitors, and Don't Starve Together will no longer be added, as…
Snapchat launched Snapchat+ Platinum, a $15.99/month tier that removes most in-app ads, pushing its premium monetization strategy further. With 12 million Snapchat+ subscribers, it’s outpacing other social media paid services, but the steep price tag raises questions about demand. Snap’s…
Roku, Hello Sunshine, and Rich Eisen Productions are launching Women’s Sports Now, a weekly studio show on The Roku Channel dedicated to women’s sports. Hosted by Renee Montgomery, Sarah Tiana, and Suzy Shuster, the series will feature highlights, analysis, and…
Warner Bros. Discovery has formed a $1 billion joint venture with UK-based Cutting Edge Group to license its movie and TV show music catalog. Unlike recent artist catalog sales, WBD retains ownership and creative control while generating substantial revenue. The…
