David Ellison outlined a plan to merge Paramount and Warner Bros. Discovery around a 30-film annual theatrical slate, a 45-day exclusive window, and a unified streaming platform combining HBO Max and Paramount+. The strategy is a scale play designed to…
Paramount’s Q4 results show why its Warner Bros. Discovery gamble just got riskier. The company posted a $573 million loss as linear TV revenue fell 5% to $4.7 billion, with advertising down 10% and distribution off 7%, reinforcing that its…
Paramount Global reported a fourth-quarter net loss of $70 million and a full-year net loss of $3.13 billion in 2025, driven by programming write-downs and restructuring charges tied to its Skydance merger. Revenue declined modestly, but profitability fell sharply, with…
Antenna’s latest data shows U.S. SVOD growth slowing sharply, with new subscriptions falling 33% in 2025 to 18 million from 27 million in 2024, while Q4 growth cooled to 7%. The market isn’t adding households anymore, it’s reallocating them, with…
Price discovery is hitting streaming’s core leverage points simultaneously: capital structure, distribution control, production cost efficiency, and global supply density. Companies that can absorb risk, command large-scale distribution, compress production economics, and industrialize diversified supply are widening structural advantage as…
Warner Bros. Discovery’s board is weighing whether to reengage with Paramount Skydance after it submitted a revised $30 per share offer that covers the $2.8 billion Netflix break fee, backstops refinancing, and adds shareholder protections. WBD remains under agreement to…
AMC Networks crossed a major inflection point as streaming became its largest source of U.S. revenue in Q4, with streaming revenue up 17% to $177 million and now surpassing affiliate fees. The growth was driven primarily by price increases across…
Apple acquired full ownership of Severance for just under $70 million, bringing the Emmy-winning series in-house at Apple Studios as it prepares for a planned four-season run and potential universe expansion. With the show costing roughly $20 million per episode,…
Sony Group raised its full-year outlook after a 22% jump in Q3 operating income, supported by gains in music, semiconductors, and gaming. Sony Pictures Entertainment saw an 11% revenue decline and 9% drop in profit due to tough comparisons with…
Fox Corporation exceeded Q2 revenue estimates, with strong ad performance across cable news, live sports, and streaming. Tubi delivered record growth and profitability. However, rising programming and marketing costs squeezed profit margins, leading to a post-earnings dip in the stock.
