Advanced Television

Netflix 2025 revenue at $45.2bn; over 325m subs

Netflix has reported that FY revenue stood at $45.2 billion (€38.5bn) for 2025 (+16 per cent year over year, or 17 per cent on a FX-neutral basis) beating Wall Street estimates. Ad revenue rose more than 2.5x to over $1.5 billion. The company reported that it exceeded 325 million subscribers in Q4 – despite previously […]

January 21, 2026By Nik Roseveare

Sony spins off TV business

Visitors to the giant CES technology show earlier in January wondered why Sony didn’t have a presence. Now they know. Sony is to form a joint-venture with Chinese rival TCL to take over its TV business. TCL will own 51 per cent of the business, with Sony taking a back seat with 49 per cent. […]

January 21, 2026By Chris Forrester

Nielsen: Streaming sets multiple US viewing records in December

Streaming viewership captured 47.5 per cent of US television in December 2025, beating the previous record of 47.3 per cent set in July 2025 to achieve the largest share of TV ever reported in Nielsen’s The Gauge – a snapshot of total TV and streaming consumption across the US. Streaming dominance in December was anchored […]

January 21, 2026

Report: $63bn lost to IVT across digital advertising in 2025

A report published by Lunio, the invalid traffic (IVT) detection & prevention platform, has revealed that $63 billion (€53.6bn) in global digital ad spend is wasted each year on bot traffic and ad fraud. Lunio’s 2026 Global Invalid Traffic Report analyses more than 2.7 billion paid ad clicks across major platforms including Google, Meta, TikTok, […]

January 21, 2026

Report: AI-powered optimisation deemed essential for marketers

Proximic by Comscore has released its 2026 State of Programmatic Report, based on over 200 media buyer respondents, with 58 per cent expecting their programmatic investment to increase in 2026 and 87 per cent saying cross-channel performance metrics inside programmatic platforms are critical or valuable for decision-making. The findings signal a maturing programmatic market focused […]

January 21, 2026

Netflix, WBD amend buyout to all-cash transaction

Netflix and Warner Bros Discovery (WBD) have, as expected, amended their definitive agreement for Netflix’s pending acquisition of Warner Bros to an all-cash transaction. Netflix said that the revised agreement “simplifies the transaction structure, provides greater certainty of value for WBD stockholders, and accelerates the path to a WBD stockholder vote”. The all-cash transaction continues […]

January 20, 2026By Nik Roseveare

Spain: Landmark ruling against TV piracy

A Spanish court has set a new benchmark in the fight against TV piracy by imposing prison sentences of up to three years on those responsible for illegally distributing the signal of Movistar+ and other pay-TV operators. In a ruling – described as a turning point for the audiovisual industry – the Málaga Provincial Court […]

January 20, 2026From David Del Valle in Madrid

Research: Netflix’s Xmas NFL drove biggest sign-up spike of 2025

Netflix’s 2025 Christmas NFL GameDay delivered the platform’s largest US sign-up peak of the year, according to analysis from Ampere Analysis. The live NFL broadcast, paired with the release of Stranger Things Season 5: Vol. 2, drove 430,000 new US subscribers, making it Netflix’s third-largest acquisition surge since 2018 – behind the Jake Paul vs […]

January 20, 2026

UK consults on kids’ social media use

A consultation will identify the next steps in the UK government’s plan to boost children’s wellbeing online, ensuring they have a healthy relationship with mobile phones and social media. The proposals will build on the government’s broader action to ensure every child gets the best start in life, including a revised curriculum and better skills […]

January 20, 2026By Colin Mann

Liberty Global eyes Three Ireland

Liberty Global is reportedly holding talks to acquire Three Ireland in a deal that could be worth as much as €1.5 billion. Liberty Global, which already owns Virgin Media, is holding discussions with Hong Kong-based conglomerate CK Hutchison, which owns the Three Ireland brand, according to a report in the FT. CK Hutchison operates mobile […]

January 20, 2026

United Group completes €1.5bn bond refinancing

United Group, a telco and media company in Southeastern Europe, has successfully completed €1.5 billion in bond refinancing transactions, which it says significantly strengthens its capital structure and financial flexibility. Strong investor demand allowed the Group to upscale the new floating rate notes (FRNs) transaction to €1.13 billion, and also refinance its outstanding PIYC PIK […]

January 20, 2026

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Columns

Inside Satellite
Chris Forrester

Morgan Stanley downgrades Iridium

Investment bank Morgan Stanley, reportedly a front-runner bank to handle an Initial Public Offering (IPO) for SpaceX’s Starlink – has downgraded satellite operator Iridium and has cut its former price steeply from $37 to $24 and a new share price target for Iridium. The bank advised clients that its outlook for Iridium shifts from ‘Overweight’ […]

January 20, 2026 Chris Forrester
Off Message
Nick Snow

WBD rejects the colour of Paramount money

Paramount and Warner Bros Discovery (WBD) certainly compete for the dubious honour of the ugliest kids in the family of media giants. Both badly need a suitor, and Paramount made it to the altar first. But, you know, marry in haste and all that. Skydance was the only serious caller and so became the partner/owner. […]

January 7, 2026 Nick Snow

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