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…
Fast Company explores why sports streaming remains unsolved and increasingly fragmented. While traditional pay TV retains most sports content, frustrating fans with high costs and complex bundling, tech giants like Amazon, Apple, and Netflix are moving into exclusive sports deals…
YouTube dominated Election Night streaming, capturing 80.6% of live election viewership with 60.7 million hours streamed, while traditional network ratings fell significantly. The platform reached over 9.14 million peak viewers, with average viewership around 3.5 million throughout the day, as…
Paramount+ will launch new subscription tiers in the U.K. and Ireland on Nov. 20, introducing a basic ad-supported plan at £4.99 (€5.99) and a premium plan at £10.99 (€11.99) per month. The new structure aims to broaden access and enhance…
The Wrap report reveals that major streaming companies like Netflix, Disney, and Paramount are expected to reach a record $126 billion in content investment this year, according to Ampere Analysis. This surge is largely directed towards streaming, with $40 billion…
TVREV highlights that SVODs like Netflix and Disney+ are shifting toward Gen Z engagement, driven by demand for anime and non-English content. Parrot Analytics notes Naruto and My Hero Academia generated $21 million and $15 million in Q2 revenue for…
Amazon has introduced X-Ray Recaps, an AI-driven feature on Prime Video that delivers spoiler-free summaries. The tool, available on Fire TV in the U.S., helps viewers catch up by summarizing content up to their last watched point, with plans to…
ADWEEK’s Brandweek conference addressed streaming fragmentation, with Parks Associates revealing that 57% of households feel overwhelmed by the multitude of options, and the average home subscribes to 5.5 services. Nearly 47% have canceled a service in the past year, driven…
Streaming services like Disney+, Max, and Peacock are partnering with grocery and delivery companies, such as Kroger, DoorDash, and Instacart, to offer bundled subscriptions. These deals aim to reduce subscriber churn by aligning entertainment with essential services, following Amazon Prime’s…
