Advanced Television

Paramount+ profit surprise

Paramount Global has reported revenues down YoY in Q4, but the studio saw notable streaming gains. Paramount+ reached 67.5 million subscribers during the quarter, a net increase of 4.1 million, and recorded 69 per cent revenue growth YoY. The company said it expects to achieve profitability for the SVoD service by 2025. Subscription revenue grew […]

February 29, 2024

Forecast: LatAm pay-TV flattens

The number of pay-TV subscribers in Latin America will stay at 53 million to 54 million, according to the Latin America Pay TV Forecasts report from analyst firm Digital TV Research. This is down from the peak of 73 million in 2017. Brazil lost 9 million subscribers between 2015 and 2023, but will ‘only’ lose […]

February 29, 2024

Lin head of movies for Netflix

Netflix has announced that Hollywood movie producer Dan Lin will replace Scott Stuber as the streaming company’s top film executive. Stuber was the head of Netflix Film for seven years before announcing last month that he would be leaving. Lin, 50, who was once the senior vice president of production at Warner Bros, is the […]

February 29, 2024

Survey: AI ad disclosure increases consumer trust

Yahoo, in collaboration with Publicis Media, has released Trust Through Transparency: The Future of AI and Advertising, a new study exploring consumer and advertiser perspectives, acceptance, usage and trust of artificial intelligence in the advertising industry. Polling over 1,200 US consumers and more than 350 US advertisers, the survey revealed a disparity in AI sentiment between […]

February 29, 2024

SES ups dividend reward for shareholders

SES is having a strong trading year. Its revenue for 2023 was €2.03 billion, and ahead of expectations despite its Video division suffering a -4.4 per cent fall in revenue to €607 million. But its Networks division is still showing solid growth – up 6.1 per cent to €1.06 billion). But the headline news is […]

February 29, 2024By Chris Forrester

Disney+ launches £1.99 promo

From now until March 14th, new and returning customers can subscribe to Disney+ Standard with Ads for £1.99 per month for three months – a £9 saving compared to the regular monthly price for three months. After the three-month promotional period, Disney+ Standard with Ads will auto-renew at the then-current monthly retail price (currently £4.99 […]

February 29, 2024

Spain: Atresmedia profit up 52%

Atresmedia, owner of Antena 3 TV and La Sexta among others, hs reported a profit of €171.2 million in 2023, up 51.6 per cent.Revenues amounted to €971.4 million, up 2.2 per cent, out of which €902.8 million were from the TV division; TV ad revenues growing by 1.2 per cent to €783.8 million. EBITDA reached […]

February 29, 2024From David Del Valle in Madrid

Tubi undergoes brand refresh

Tubi, Fox’s US ad-supported streaming service, is rolling out a new brand identity. In January, Tubi reports that it increased its share of total TV viewing to 1.5 per cent according to Nielsen’s The Gauge report, and continues to see traction among younger, multicultural audiences. “During a time of seismic change in entertainment, Tubi continues […]

February 29, 2024

Content industry ‘Responding to the Crisis of Childhood’ campaign

Figures from the UK children’s content industry, regulators, academics, policy makers and advocates for young people’s wellbeing came together today at the Children’s Media Summit 2024 on February 28th to try to find answers to the major issues faced by the children’s audience and the industry in these rapidly changing times. Organised by the Children’s […]

February 29, 2024

tvScientific raises $9.4m in convertible note funding

tvScientific, the performance advertising platform for connected TV (CTV), has announced that the company had raised $9.4 million (€8.6m) in a convertible note funding round that included new investors S4S Ventures, BDMI, and Progress Ventures joining investors including NBCU/Comcast, Norwest Capital Partners, Aperiam Ventures and Hearst Ventures. With tvScientific, advertisers can buy and execute performance […]

February 29, 2024

Locality, WBD ad partnership

Locality, the local video solutions provider, jhas announced a strategic local video advertising partnership with Warner Bros Discovery (WBD). Locality will have access to WBD’s’s portfolio of brands and platforms through 2024, including TNT Sports, CNN, Max and discovery+. This strategic alliance offers WBD the opportunity to diversify its advertiser base and generate additional revenue […]

February 29, 2024

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Columns

Inside Satellite
Chris Forrester

Astranis’s space tug helps out Spacecom

A rescue satellite is being moved from coverage of Alaska to serve a Middle East operator. The Astranis craft had plans to beam broadband to Alaska but cut short by a solar array issue and is now on is on its way to a geostationary position over Asia for a very different mission. Astranis will […]

February 29, 2024 Chris Forrester
Off Message
Nick Snow

Paramount end game?

It seems like we’ve been waiting for ‘the other shoe to drop’ and someone to buy Paramount for a long time. Even the group’s own CEO holds staff ‘town halls’ openly discussing likely bids while enjoining them to concentrate on their jobs and his own growth plans. That will be a good trick, if they […]

February 1, 2024 Nick Snow

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