Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming service,” they said in the statement. “In an ever-changing marketplace, we […]
The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. Presley Ann | Getty Images Entertainment | Getty Images Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms â Disney+, Hulu and ESPN+. That
Disney says about 157 million global users are streaming content with ads Read More »
Disney will combine its Hulu+ Live TV service with Fubo, merging together two internet TV bundles, the companies announced Monday. Disney will become majority owner of the resulting company â the publicly traded Fubo company â with a 70% ownership stake. Fubo shareholders will own the remaining 30% of the company. The deal is expected
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Jaque Silva | Nurphoto | Getty Images Comcast plans to launch a new advertising platform that will make it easier for smaller businesses to buy ad time â and, the company hopes, to beckon some advertisers away from social media and digital outlets and over to traditional TV’s streaming businesses. On Monday, Comcast announced the
Comcast to launch Universal Ads in bid to win smaller advertisers over from tech Read More »
Jalen Brunson, #11 of the New York Knicks, drives to the basket during the game against the Indiana Pacers in Round 2, Game 1 of the 2024 NBA Playoffs at Madison Square Garden in New York City on May 6, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images Altice USA customers lost
The New York Liberty celebrate after wining the 2024 WNBA Championship against the Minnesota Lynx during Game 5 of the 2024 WNBA Finals on October 20, 2024 at Barclays Center in Brooklyn, New York. David Sherman | National Basketball Association | Getty Images The advertising market has positive momentum going into 2025 â especially for
Ad revenue should stabilize for media companies in 2025 — if they have sports Read More »
Richard ‘Dick’ Parsons Daniel Acker | Bloomberg | Getty Images Richard Parsons, who helped Time Warner divorce from AOL after what was considered one of the worst takeovers in history, has died. He was 76. His death was confirmed by Lazard, where he was a longtime board member. Parsons became CEO of AOL Time Warner
Richard Parsons, former Time Warner CEO, dies at age 76 Read More »
Bob Iger, CEO of Disney (L), and Brian Roberts, CEO of Comcast (R). Getty Images Ho, ho, ho! It’s a holiday tradition: Anonymous media executives make their 2025 industry predictions. In honor of the 12 days of Christmas, we give you 12 predictions from some of the most powerful media and entertainment executives in the
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President and CEO of Warner Bros. Discovery David Zaslav arrives for the world premiere of “The Flash” at Ovation Hollywood in Hollywood, California, on June 12, 2023. Michael Tran | Afp | Getty Images Warner Bros. Discovery on Thursday announced a restructuring plan to segment its business into linear and streaming units in a move
View from behind a Comcast truck parked on a residential street in Lafayette, California, on Sept. 28, 2021. Smith Collection/gado | Archive Photos | Getty Images Comcast Cable CEO Dave Watson told investors on Monday that the company expects to lose more than 100,000 broadband subscribers during the fourth quarter as the market remains “competitively
Comcast shares tumble as executive calls broadband 'intensely competitive' Read More »
