Paramount Global, which is in the midst of corporate upheaval on a number of fronts, got a slight reprieve in one key area, extending carriage negotiations with Charter Communications. In just the past 48 hours, the media company has seen the exit of CEO Bob Bakish, the closely watched release of first-quarter earnings and a … Read more
Fubo, which has not carried nearly a dozen networks from the Warner side of Warner Bros. Discovery since 2020, added a batch of Discovery channels to the blacked-out list on Tuesday. The internet-delivered pay-TV operator, which has nearly 1.7 million subscribers, reached an impasse with the former WarnerMedia networks in 2020 and networks like TNT … Read more
The forthcoming sports streaming venture backed by Disney, Fox Corp. and Warner Bros. Discovery will reach 5 million subscribers in its first five years, according to a projection shared Monday by Fox CEO Lachlan Murdoch. Speaking at a conference hosted by Morgan Stanley, Murdoch cited the forecast in responding to questions about whether the new … Read more
The singular voice of Charlie Ergen, long an outspoken figure willing to express unconventional views on the media business, fell silent Friday as he was absent for EchoStar‘s quarterly earnings call. The Dish Network parent, of which Ergen is executive chairman, reported a loss of 314,000 Dish subscribers in the quarter, leaving it with 8.53 … Read more
Shares in AMC Networks dropped sharply in early trading Friday following a shaky fourth-quarter earnings report and a conference call with Wall Street analysts. The stock initially drifted down by mid-single-digits in pre-market trading after the earnings release, which revealed a 23% drop in domestic ad revenue and a 16% decline in affiliate revenue. Although … Read more
Streaming pay-TV operator Fubo, after its stock plunged 23%, issued a statement blasting the new sports streaming venture involving Disney, Fox Corp. and Warner Bros. Discovery. Tuesday’s Disney-Fox-WBD news “has undoubtedly captured our attention,” the statement said. “Fubo has consistently championed the principle of consumer choice and we’re not surprised more sports streaming options are … Read more
Google execs are actively considering an international expansion of pay-TV service YouTube TV, Chief Business Officer Philipp Schindler said during the company’s fourth-quarter earnings call. “It is something we are closely looking at,” Schindler said. “There’s nothing specific I have to add at this moment in time on this one.” Schindler and CEO Sundar Pichai … Read more
TelevisaUnivision and Charter Communications have reached a multi-year carriage renewal that includes streaming distribution on Spectrum for a new tier of the Vix streaming service. Under the renewed deal, a new ad-supported version of TelevisaUnivision’s premium subscription streaming outlet Vix will be made available to Spectrum subscribers at no additional cost. Linear is also a … Read more
