Advanced Television

paramount

Forecast: LatAm OTT revenues at $16bn by 2028

OTT TV episode and movie revenues for 19 Latin American countries will increase by $7 billion (€6.6bn) between 2022 and 2028 to reach $16 billion, according to the Latin America OTT TV and Video Forecasts report from analyst firm Digital TV Research. AVoD and SVoD will each add $3 billion over this period. SVoD will […]

March 6, 2023

Paramount+, CBC start production on SkyMed season 2

Paramount+, CBC and Piazza Entertainment have announced that production has begun on the sophomore season of the high-stakes medical drama series SkyMed. Filming in Ontario and Manitoba, the young medics and pilots flying air ambulances return for more life, death and drama in the skies of remote Northern Canada. The original series will be available […]

March 3, 2023

Channel 5 commissions Vanished from ITN Productions

Channel 5 has commissioned ITN Productions to make a new 4 x 60’ weekly series, Vanished, focussing on people who have gone missing across the UK. Presented live by 5 News’ Dan Walker, it will focus on current stories of missing persons as well as cases from the past few years. Every 90 seconds someone […]

March 2, 2023

Forecast: SVoD revenues at $124bn by 2028

Global SVoD revenues will reach $124 billion (€117.3bn) by 2028, up from $99 billion in 2022 according to the SVoD Forecasts Update report from analyst firm Digital TV Research. The US will add $5 billion of the $25 billion additional revenues between 2022 and 2028. Second-placed China will gain an extra $1 billion. “This growth […]

February 27, 2023

Canada: Paramount movies on Club illico

Club illico, the Canadian SVoD service, has reached a Pay-One licensing agreement with Paramount Global Content Distribution to stream new films from Paramount Pictures’ slate after their theatrical release. Club illico is consequently now the exclusive French Language home for all new Paramount Pictures feature films following their theatrical release in Canada. Future titles to […]

February 23, 2023

Paramount+ announces Queen of the Universe S2 cast

Paramount+ has announced the premiere date and cast lineup for the highly anticipated second season of Queen of the Universe. Hosted by five-time BAFTA TV Award winner Graham Norton, the new season will premiere exclusively on the service April 1st in the UK, Latin America, Italy, France, Germany, Switzerland, Austria and Australia and March 31st […]

February 22, 2023

Analyst: Free cash flow an issue at Paramount

A post-results report from analysts at MoffettNathanson (MN) admitted that 2022 was a “challenging year” for Paramount. MN praised SVoD service Paramount+ and its 56 million subscribers (up 9.9 million), but suggested that investors should be focused on free cash flow (FCF) as the true measure of a business. The problem is that last year’s […]

February 20, 2023

Paramount suffers on streaming and ads

Paramount Global disappointed Wall Street estimates on quarterly revenue as a slump in the advertising market hit CBS. TV advertising revenue fell 7 per cent in the three months to December, despite a lift from political advertising on the back of US mid-term elections in November. Meanwhile, Paramount+ added a record 9.9 million subscribers, partly […]

February 16, 2023

Showtime lays off 120 staff

Showtime, the US cable network, has let go of some 120 staff as part of its cost-cutting exercise in its merger with Paramount Media Networks into Paramount+. The news comes amidst a greater integration between MTV Entertainment Studios and Showtime. In January, Paramount Global announced that Showtime’s premium cable pay-TV service as well as the […]

February 14, 2023By Chris Forrester

Forecast: Africa to add 9m SVoD subs by 2028

Africa will have 15.57 million paying SVoD subscriptions by 2028, up from 6.15 million at end-2022, according to the Africa OTT TV and Video Forecasts report from analyst firm Digital TV Research. Despite this fast growth, SVoD penetration rates will remain low, with only 7 per cent of TV households paying for at least one […]

February 13, 2023