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The latest stories published on The Desk.
Disney posts mixed results for fiscal Q4
Disney posted a mixed bag of financial results for its fiscal Q4, with revenue boosted by streaming but nearly offset by lower income from traditional linear networks like ABC and FX.
EARNINGS REPORT
Lawmakers accuse Paramount CEO of evading probe into Skydance merger
Two Congressmen have accused Paramount CEO David Ellison of sidestepping their questions into the company's August merger with Skydance Media.
Spotify to start offering music videos in U.S.
Spotify will launch music videos for U.S. premium subscribers in the coming weeks, after testing the same feature with overseas users in recent months.
Nielsen data reveals “Monday Night Football” audience drop during YouTube TV dispute
The Monday evening football program lost 1.2 million viewers during the first week of Disney's dispute with YouTube TV, the Nielsen data showed.
RATINGS
Weigel brings MeTV back to Dish Network — but with a catch
Weigel has expanded its distribution agreement with Dish to include multicast networks like MeTV on the satellite platform.
CuriosityStream boasts higher revenue on stronger licensing income during Q3
CuriosityStream revealed a sharp increase in income during its third quarter (Q3) of the year, boosted by better revenue from its direct-to-consumer streaming operation and ongoing content licensing initiatives.
EARNINGS REPORT
Disney extends Chief Financial Officer Hugh Johnston’s contract through 2029
Johnston has served as one of the top executive lieutenants for Disney CEO Bob Iger as the company continues to build out its streaming-first vision.
Versant unveils brand identity refresh for USA Sports
USA Sports will exist as the flagship brand for live sports programming across Comcast's cable networks that are being separated into Versant.
Nielsen hires ex-Netflix ad exec Peter Naylor
Nielsen has appointed Peter Naylor as its first Chief Client Officer to strengthen partnerships across media and advertising.
EXECUTIVE MOVES
Stingray acquiring streaming audio platform TuneIn for $175 million
Stingray will acquire TuneIn for up to $175 million, expanding its global reach in digital audio streaming and advertising.
FIRST TO REPORT
Amazon: Prime Video ad tier grows to 315 million users
The data point was released as part of a broader presentation on Amazon's connected TV ad products and innovations.
Optimum gives TV, Internet subscribers free Netflix for one year
Optimum is now offering most of its Internet and TV customers a one-year subscription of Netflix with Ads as part of their service.