Research from Aluma Insights finds 35 per cent of US SVoD customers are spending too much on services such as Netflix and are looking to cut back. This represents a 40 per cent increase over 2022 and threefold that of 2019. Only 5 per cent are interested in spending more on SVoD services, down 38 […]
Michael Nathanson of MoffettNathanson (MN) says that while it should be obvious by Disney’ stock price, weak subscriber data, and what he says are the recent inconsistent management comments about Disney’s streaming strategy, that the market has largely written off any optimism about where Disney’s DTC operations can go. Nathanson says he understands the market’s […]
Production company marblemedia has started production in Toronto on a new original, single camera teen comedy series, Davey & Jonesie’s Locker (10×30). The series is created by Evany Rosen who also serves as showrunner. The show has been co-commissioned by two of the world’s largest streaming platforms, Prime Video in Canada, Australia and New Zealand […]
TVB, the trade association of America’s local broadcast television industry, has published an analysis regarding local TV news and subscription streaming audiences. “In response to industry reports about growing streaming viewership, TVB did an analysis comparing local broadcast TV news audiences in five geographically diverse LPM markets and streaming service viewing in those same markets. […]
Annual revenues of US SVoD services are forecast to nearly equal those of traditional pay-TV in 2027, marking a critical tipping point in the ongoing decline of cable TV, IPTV, and satellite TV services as streaming rises to dominate the media landscape. Revenues from SVoD services such as Netflix, Prime Video and Hulu are forecast […]
Comcast CEO Brian Roberts has said it is more likely than not that it would sell its stake in OTT streaming service Hulu to Disney. Comcast has a one-third ownership stake in Hulu. However, Roberts also stressed that Comcast felt it had a “very valuable position” in Hulu and perhaps a string hint that it […]
The Walt Disney Company, amidst its 100th anniversary, has reported its Q2 2023 earnings. Revenues were at $21.81 billion (€19.94bn), an increase of 13 per cent on the same period last year. Disney+ lost 4 million subscribers (now at 157.8 million), mostly via its Hotstar service in Asia, after losing 2.4 million in the previous […]
Data insights from AdImpact, the SaaS platform that tracks and analyses advertising occurrence and expenditure data across media channels, point to a thriving streaming market. In 2021, AdImpact reported 2.3 million airings related to streaming platforms in the US, and this figure increased to 2.8 million in 2022. For 2023, the company analysed some streaming […]
Real-time TV measurement company iSpot.tv has released its 2023 TV Upfronts study, revealing new findings around 2023 upfront plans for brands and agencies. The company surveyed over 500 advertising professionals across TV’s top advertising sectors to determine how ad-buying plans will change this year, while also revealing more about the growing role of streaming and […]
The Walt Disney Company is beginning the process of cutting about 7,000 jobs.CEO Bob Iger said the cuts would start this week and last until the early summer, with the bulk taking place in April. Iger said the measures were needed for Disney to adopt “a more effective, co-ordinated and streamlined approach to our business”. […]