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Ampere: Holidays shoppers flock to streaming deals, but churn remains a problem
Ampere found most holiday-acquired subscribers cancel a service quickly, with few retaining customers long-term.
DATA
Netflix agrees to acquire Warner Bros Discovery for $82.7 billion
Netflix has agreed to buy WBD’s studio, streaming platforms and IP for nearly $83 billion, contingent on WBD spinning off its cable networks by Q3 2026.
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.
ABC, ESPN pulled from YouTube TV after contract expires
Around 10 million customers have lost access to ABC, ESPN, FX, National Geographic and other Disney-owned channels.
Disney needs to move more shows to streaming, analysts say
A pair of media analysts have encouraged the Walt Disney Company to relegate more of its programming to streaming apps in order to avoid undue government scrutiny.
Sinclair demands Jimmy Kimmel make personal donation to Charlie Kirk’s non-profit
Sinclair said it wants Jimmy Kimmel to apologize for a monologue he delivered on Monday and has demanded high-level talks with ABC executives before it returns his show to their affiliates.
Fox earns $3.3 billion in revenue during fiscal Q4
Fox posted $3.29 billion in fiscal fourth quarter revenue, driven primarily by higher ad uptake against Tubi.
EARNINGS REPORT
PwC: Price hikes will help streaming revenue reach $113 billion by 2029
U.S. streaming video revenue is projected to climb to nearly $113 billion by 2029 driven by subscriber growth and price hikes, according to a new report released this week.
Traditional TV share declines in Nielsen’s “The Gauge” for June
Americans continued to tune out of traditional forms of television in favor of streaming apps and services in June
Wikimedia Foundation considers closing Wikinews
The parent organization of Wikipedia said its sister platform Wikinews doesn't produce enough "well-rounded" news, and most traffic comes from search engine bots.
Paramount agrees to settle Trump lawsuit for $16 million
Paramount Global says it will pay $16 million to settle a news distortion lawsuit brought by President Donald Trump last year.
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