The NBA has rejected Warner Bros. Discovery's (WBD) attempt to renew their 40-year partnership, opting instead for a deal with Amazon Prime. This decision has led WBD to file a lawsuit against the NBA, arguing that they matched Amazon's offer.…
Amazon reported Q2 subscription services revenue of $10.86 billion, a 10% increase from the previous year. This includes Prime memberships, digital content, and other non-AWS services. Amazon MGM Studios released 19 movies and TV series, with "Fallout" and "The Boys"…
Disney, Fox, and Warner Bros. Discovery have announced Venu Sports, a new live sports streaming service costing $42.99 per month. Launching in fall 2024, Venu will offer a seven-day free trial and feature live sports events from NFL, NBA, MLB,…
Fox Corp. reported growth in both linear and digital advertising commitments, with notable double-digit volume increases for its Tubi streaming platform. Despite a challenging upfront market with increased competition from ad-supported streaming tiers, Fox maintained strong pricing for Tubi and…
NBC's broadcast of the 2024 Summer Olympic Games in Paris drew over 31 million viewers across its network, cable channels, and Peacock, marking a 77% increase compared to the delayed 2020 Tokyo Olympics. High interest in U.S. men's gymnastics, beach…
The NBA's new 11-year, $76 billion media rights deal with Amazon, NBCUniversal, and Disney reflects the growing dominance of streaming platforms in sports broadcasting. This shift signifies Amazon's commitment to expanding its sports content and NBCUniversal’s strategy to drive Peacock's…
Disney, Fox, and Warner Bros. Discovery are set to launch the Venu Sports streaming service this fall despite an ongoing antitrust lawsuit from Fubo. The three companies argue that antitrust laws protect competition, not competitors, and criticize Fubo as a…
Warner Bros Discovery (WBD) has streamed over 1 billion minutes of the 2024 Summer Olympic Games in Paris within the first two days, surpassing the total streaming minutes of the 2020 Tokyo Olympics. This increase is driven by Max and…
NBCUniversal's coverage of the Paris Olympics Opening Ceremony garnered 28.6 million viewers across NBC and Peacock, marking the most-watched Summer Olympics Opening Ceremony since London 2012. Peacock saw record streaming engagement, with over 2.5 million viewers, contributing to over 1…
Warner Bros. Discovery's Max and Discovery+ streaming services achieved significant success with the Paris Olympics, surpassing the total viewership of the Tokyo 2021 Olympics within just two days. Max accounted for 80% of the streaming audience in Europe, with five…
