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"…
Roku's shares rose over 6% after reporting better-than-expected Q2 2024 results. The net loss narrowed to $33.95 million, with revenue increasing 14% to $968 million. Streaming households grew to 83.6 million, driving an 11% increase in platform revenue. Roku highlighted…
Snap reported 432 million daily active users in Q2 2024, a 9% year-over-year increase. Revenue rose to $1.24 billion but fell short of expectations, leading to a 22% drop in share value. Net loss decreased to $249 million from $377…
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,…
Nebula, Dropout, and Beacon are creator-owned streaming platforms targeting niche audiences. Nebula, with over 500,000 subscribers since 2019, has tripled its customer count and doubled its revenue in the past year. Dropout, known for “Game Changer” and “Dimension 20,” has…
Self Financial's new survey reveals that 85.7% of paid subscriptions, including streaming services, go unused monthly. Amazon Prime is the most unused, followed by Netflix (28.2%) and Disney+. The average household has 4.1 subscriptions costing $40.39 monthly, with $32.84 wasted…
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…
Ampere's new survey reveals that English-speaking viewers are increasingly open to watching non-English titles, with regular viewing growing by 24% since 2020. Over half (54%) of the audiences in the US, UK, Canada, and Australia now watch foreign-language content regularly,…
ESPN faces a critical year ahead with the launch of the Venu streaming bundle with Fox and Warner Bros. Discovery before the NFL season and its upcoming "Flagship" streaming service, which will bring all ESPN content online. Disney's $2.6 billion…
Hub Entertainment Research reveals that around 70% of FAST users subscribe to three or more SVOD services like Netflix, Hulu, or Amazon Prime Video. These "video omnivores" frequently switch services based on content and value, with 59% adding and 41%…
