Skip says Fox's decision to launch a direct-to-consumer streaming service is driven more by necessity than innovation. CEO Lachlan Murdoch emphasized that the service won’t include exclusive content or new rights costs, instead bundling existing sports, news, and network programming.…
Disney is prioritizing “skinny bundles” over its Venu sports streaming venture, citing their growing appeal and Venu’s redundancy. CEO Bob Iger confirmed ESPN will also launch a standalone streaming service with betting and fantasy sports features. Disney is merging Fubo…
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…
Ampere Analysis forecasts that in 2025, streaming services will outspend commercial broadcasters on content for the first time, with global streamer investment reaching $95 billion, or 39% of total spending. This shift follows subscriber growth driven by password-sharing crackdowns and…
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…
Rogers has launched App TV, a "pay TV lite" streaming package with Netflix for $25 CAD/month, aiming to curb cord-cutting. It includes 40+ live and on-demand channels, 20 FAST channels, and runs on the Rogers Xfinity Stream app but lacks…
Comcast reported strong Q4 2024 earnings, with $31.9 billion in revenue, but its stock dropped nearly 13% due to broadband subscriber losses. Peacock saw revenue rise 28% year-over-year to $1.3 billion and significantly reduced its losses, while NBCU Studios posted…
SiriusXM reported Q4 2024 earnings that exceeded Wall Street expectations, but its full-year revenue declined 3% to $8.7 billion due to lower subscriber fee income. The company added 149,000 self-pay subscribers in Q4 but ended the year with 296,000 fewer…
Apple reported its best-ever quarter in Q4 2024, with revenue reaching $124.3 billion, up 4% year over year, and earnings per share rising 10% to $2.40. Services revenue, including Apple TV+, Apple Music, and iCloud, grew to $26.3 billion from…
