Kagan: US operators lose 860,000 subscribers in Q2

The traditional cable, satellite and telco multichannel TV providers in the US lost 860,640 video subscribers in the second quarter, according to a Kagan report. The S&P Global Market Intelligence company said that the satellite TV portion of the market logged its “second largest quarterly decline on record,” losing 478,000 customers. Cable recorded its largest […]

Chicken Soup heats up SVOD plan with Pivotshare acquisition

Chicken Soup for the Soul Entertainment, the ‘positive content’ company backed by Ashton Kutcher’s A Plus, has entered a definitive agreement to acquire Pivotshare, a global subscription-based video-on-demand service. Pivotshare offers channels online across a variety of genres from music to sports, religion and lifestyle. It currently holds near 28,000 hours of programming. The service […]

US SVOD subscriptions tipped to reach 208m in 2023

The number of video-on-demand subscriptions in the US is due to climb from 132 million in 2017 to 208 million in 2023, with Netflix and Amazon to retain their positions as the top two services. This is according to a new Digital TV Research report, which estimates that 73.5% of TV households in the US, […]

Tribune Media sues Sinclair as US merger deal collapses

US broadcast group Tribune Media has terminated its planned US$3.9 billion (€3.4 billion) merger with Sinclair Broadcast Group and is filing a lawsuit against the broadcast outfit for breach of contract. Tribune said that its lawsuit in the Delaware Chancery Court would seek compensation for losses incurred as a result of Sinclair’s breaches of the […]

AT&T acquires Chernin’s stake in Otter Media

AT&T has acquired The Chernin Group’s controlling interest in Otter Media, the joint venture between the two companies. Otter Media, a subscription, advertising and content company, comprises of wholly-owned subsidiary Ellation, an online subscription video service provider, with offerings under the Crunchyroll and VRV brands, as well as a full-service digital media company, Fullscreen. Otter […]

US DOJ outlines reasoning behind AT&T-Time Warner appeal

The US District Court’s greenlighting of AT&T’s merger with Time Warner merger was only possible because of Judge Richard Leon’s “erroneously ignoring fundamental principles of economics and common sense”, according to the Department of Justice. Outlining the reasons for its appeal against the judge’s rejection of its case that the merger should not go through […]

Telemundo chief Silberwasser to leave

Telemundo president, Luis Silberwasser, is to depart the company after four years with the US Hispanic broadcaster. Silberwasser will stay with the company through to October 1 to help with the transition. During his tenure at Telemundo, Silberwasser helped change the programming strategy and the positioning of the network.  He bet on new genres and […]

US pay TV subscriber losses mount

The top 10 US pay TV providers recorded a total net loss of over 358,000 subscribers in the second quarter, with gains for OTT TV options DirecTV Now and Sling TV only partially offsetting losses from their parent companies and the cable operators, according to Informitv’s latest Multiscreen Index. According to the latest edition of […]

Troubled CBS beats analyst expectations

CBS has reported growth across the board for its second quarterly earnings, beating analyst expectations, and despite recent controversy surrounding its chairman and CEO Leslie Moonves (pictured). Particular strengths included its revenue growth, which increased by 6% for the second quarter for 2018, to US$3.47 billion (€2.99 billion). This is up from $3.26 billion from […]

CBS board mulls Moonves’ future following sexual harassment claims

The board of CBS Corporation is set to meet today to determine how the company will formally react to recent sexual harassment allegations aimed at CBS chief Leslie Moonves. The move arrives after six women detailed cases of sexual harassment on a report published by Ronan Farrow on The New Yorker. Farrow is the same […]

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