Paramount Global reported Q2 revenue of $7.62 billion (€6.96bn), slightly above analyst estimates. The company reported a direct-to-consumer loss of $424 million in Q2 compared to a loss of $445 million in the prior-year period and a loss of $511 million in Q1. The company says it expects streaming losses to peak this year after […]
Almost nine in ten (88 per cent) of the leading telcos in the US and UK are planning to offer ‘super bundling’ as they prioritise revenue growth and customer retention. That’s according to a survey of 115 telco leaders — senior strategic decision makers and budget holders within telecommunications brands — who are eyeing how best to […]
The High Court of Malaya, Kuala Lumpur has issued what pay-TV operator Astro describes as a “landmark” ruling determining a local commercial premises to have acted illegally by showing pirate broadcasts of sports and entertainment content, including Premier League football. The Directors of 42 East Pub and Restaurant in KL were showing content in their […]
Amazon Freevee and Fremantle have announced that iconic soap opera Neighbours will be returning to TV screens with a new series to begin filming in Australia next year. The continuation of the long-running daily drama – about the lives, loves, and challenges of the residents on Ramsay Street in Erinsborough, a fictional suburb of Melbourne […]
Research from Parks Associates finds nearly one in four users (23 per cent) of ad-supported OTT services said they often click on ads that they watch, and the same percentage (23 per cent) often buy things they see advertised. The research report, Ad-Based OTT: Growth in FAST and AVOD Services, explores factors driving the growth […]
DAZN Group, the sports streaming platform, has announced an agreement to acquire the Eleven Group’s global sports media businesses. The transaction, when completed, will propel DAZN to become the broadcaster of top football leagues in Portugal and Belgium. Eleven Group’s businesses will also complement DAZN’s existing positions in Italy, DACH and Spain, where DAZN holds […]
All of this weekend’s Premier League, English Football League (EFL) and Women’s Super League fixtures have been postponed as a mark of respect following the death of Queen Elizabeth II. A number of matches were set to be televised across the weekend, including Fulham vs Chelsea on BT Sport, and Manchester City vs Spurs on […]
RUNTIME, an independent cinema and TV series FAST platform, has gone live in Spain with 10 linear channels and over 1,000 VoD titles. Seven linear channels will be specifically dedicated to cinema (action, comedy, horror, romance, classic cinema, among different categories) and three to TV series, including RTVE titles such as Ana y los 7 […]
The heads of UK public service broadcasters (PSBs) BBC and ITV have written an open letter warning that so-called ‘Crown Jewel’ sporting events such as the Olympics and the football World Cup risk going behind a paywall unless the Government proceeds with new legislation, amid fears that proposed media legislation could be dropped by Prime […]
Israel’s communications ministry is delaying – and may ban – the sale of Israel’s Spacecom satellite business. Spacecom operates the AMOS fleet of satellites and was in the process of being sold to a Hungarian company 4iG. Local reports in Israel say the communications ministry have declined to sign off the deal due to concerns […]