CNN+, the premium pay-service from the global news broadcaster, is suffering despite launching just some three weeks ago. CNN’s long-time CFO Brad Ferrier (since 1995) has been laid off, and all marketing spend cancelled according to local reports. Ferrier has been replaced by Discovery’s CFO for streaming, Neil Chugani. The changes come with rumours that […]

Portuguese media group Media Capital posted a €4.1 million loss in 2021, a 63 per cent improvement over the €11.1 million loss the previous year. Operating revenues increased by 15 per cent to €157.7 million. Despite the Covid-19 pandemic, advertising revenues increased 16 per cent year-on-year, due to the recovery of the advertising market and […]

Discovery and AT&T have closed their transaction to combine the WarnerMedia business with Discovery. The new entity, Warner Bros Discovery, will begin trading on the Nasdaq with the start of trading on April 11th, under the new ticker symbol ‘WBD’. Warner Bros Discovery will create and distribute the world’s most differentiated and complete portfolio of […]

Discovery has announced the future executive leadership team for Warner Bros Discovery, ahead of the close of the company’s transaction to combine its non-fiction and international entertainment and sports businesses with WarnerMedia’s premium entertainment, sports and news assets. David Zaslav, the future CEO of Warner Bros Discovery, commented: “We are so excited to bring the […]

This year’s Oscars ceremony was held on March 27th. The event proven to be a big night for advertisers to run ads during the live broadcast. MediaRadar analysed top verticals’ spend on ads on Hulu Live’s streaming of ABC’s The 94th Academy Awards. Key findings include: Media & Entertainment: During the 2022 Oscars, 38 per […]

FOX News Digital finished February as the top-performing news brand in the competitive set in both multiplatform views and multiplatform minutes, according to Comscore. The digital network delivered 2.9 billion multiplatform minutes and over 1.4 billion multiplatform views, while posting increases in multiplatform unique visitors and multiplatform minutes versus the prior month. February also marked […]

Nielsen has announced that The Gauge, its monthly total TV and streaming snapshot, revealed that in February 2022, both cable and broadcast news viewing in the US spiked as Russia invaded Ukraine. Cable viewing increased 54 per cent during the last week of February, helping news gain one-fourth of all cable consumption, representing a 16.5 […]

Following his December 2021 firing, Chris Cuomo has launched an arbitration demand with CNN for $125 million (€113.5). “As a result of Turner’s indefensible choice to unceremoniously fire him, Cuomo has been damaged in countless ways,” states a demand for arbitration filed by Cuumo’s attorneys. “Cuomo has had his journalistic integrity unjustifiably smeared, making it […]

News organisation CNN has confirmed that streaming subscription service CNN+ will debut on March 29th in the US priced at $5.99 (€5.48) per month or $59.99 per year. Early subscribers that sign up within the first four weeks after March 29th directly with CNN+ will have access to what the broadcaster calls the ‘Deal of […]

disguise, the visual storytelling platform and specialist in extended reality (xR) solutions, has announced its acquisition of broadcast data and content visualisation solutions platform, Polygon Labs. Through its suite of software solutions and creative services, Polygon Labs offers a cloud-native platform and turn-key services that have been used by global broadcasters such as CNN, Univision, […]