AMC Networks sheds 500,000 streaming subscribers during Q2
AMC Networks saw its streaming customer count dip by 500,000 to end the quarter with 11 million subscribers.
Year: 2023
Frontier reports revenue of $1.45 billion during Q2
Frontier reported revenue of $1.45 billion and a financial loss of $2 million during Q2 2023.
Fewer people watching live TV in U.K., Ofcom says
Fewer people are watching broadcast TV in the United Kingdom amid a proliferation of on-demand streaming services, Ofcom says.
FCC weighing new transmission rules for digital FM stations
The FCC has issued a notice of proposed rulemaking that seeks public input on the topic of digital FM radio broadcasts.
Fox Business continues to top CNBC in key ratings
Fox Business Network continued to deliver high ratings for its market hours and post-market business-focused shows in July, according to Nielsen.
TEGNA revenue slips to $732 million during Q2
TEGNA attributed its lower revenue to continued pain points in the local and national advertising market.
Freevee begins offering NBC Universal streaming channels
Amazon is now offering more than 30 FAST channels programmed by NBC Universal through its free service Freevee.
Lionsgate to acquire Hasbro’s eOne for $500 million
Lionsgate says it has entered into an agreement to acquire toy company Hasbro’s studio division eOne for $500 million.
WBD affirms plan to exit regional sports business by end of year
As cable and satellite customers ditch those platforms for cheaper streaming options, regional sports has become less of an asset to major media companies.
FEMA, FCC to conduct test of emergency broadcast, text message systems
FEMA and the FCC will conduct a national test of the Emergency Alert System and Wireless Emergency Alert system in October.
Sinclair loses $89 million in first full quarter since Diamond Sports bankruptcy
The TV broadcaster saw an 8 percent decline in its media and overall revenue compared to Q2 2022.
Fox says objections to WTXF license renewal are irrelevant
Through its attorney, the broadcaster says whatever was aired on the Fox News Channel has nothing to do with the Philadelphia TV station.