Tag: linear TV

Warner Bros. Discovery just axed dozens from its linear networks division, quietly admitting cable’s a sinking ship. Meanwhile, nearly 60% of shareholders told David Zaslav to shove his $52 million payday, voting against his comp package. Between layoffs, a junk…

UFC is in active negotiations for its next media rights deal, with ESPN reportedly “furthest along” in talks. ESPN aims to retain linear TV rights and secure content for its upcoming DTC service, but faces competition from Netflix and Amazon,…

S&P downgraded Warner Bros. Discovery to BB+ junk status, citing continued revenue and cash flow declines in its linear TV business and a lack of near-term debt improvement. The agency lowered its EBITDA forecasts for 2025 and 2026, now expecting…

NBCUniversal is undergoing another round of layoffs as it spins off a collection of underperforming cable networks—E!, Syfy, Oxygen, and USA—into a new unit tentatively called “SpinCo,” led by Val Boreland. The move, framed as a strategic realignment, includes "a…

Sky’s 2024 Attention Index highlights a major shift toward on-demand viewing in the UK, with smart TVs and mobile devices becoming the go-to screens. Despite this, live sports — especially football, F1, and darts — continue to anchor linear TV.…

Major League Soccer has begun striking linear TV deals internationally, starting with Australian broadcaster SBS, to air its new Sunday Night Soccer match each week. The move signals the league’s growing realization that Apple TV+ alone isn’t delivering the global…

Warner Bros. Discovery’s streaming unit posted a $409 million quarterly profit, a sharp turnaround from last year, while total subscribers hit 116.9 million—including HBO cable users. Meanwhile, linear networks saw a 5% revenue drop, with ad revenue plunging 17%. Despite…

The Hollywood Reporter is calling March 2nd the end of TV, as the Oscars will stream live on Hulu for the first time, breaking free from the pay TV bundle. By 2025, every major broadcast event—including live sports and awards…

Skip unpacks Disney’s Q1 2025 earnings, which highlight a shift toward profitability over subscriber growth. Total revenue reached $24.69 billion (up 5%), while operating income surged 30.5% to $2.64 billion. Streaming posted a $293 million operating profit, a major turnaround…

Former NBCUniversal CEO Jeff Shell is expected to become president of Paramount Global after its merger with Skydance Media in 2025. Shell will oversee daily operations alongside Skydance CEO David Ellison, with a focus on transforming Paramount through cost-cutting and…