Mansha Daswani

Activate's newly released Tech & Media Outlook 2019 explores cord-cutting and SVOD subscriber projections for the next few years and estimates that global media and internet revenues will hit $2.2 trillion in 2022, up from $1.8 trillion this year.

Stan Lee, chairman emeritus of Marvel who co-created such iconic characters as Spider-Man, passed away yesterday at the age of 95.

Travel Channel's Ghost Adventures Live generated the most social media buzz among all the new show premieres around the world in October, according to The WIT.

Lionsgate beat expectations with its first-quarter results, delivering revenues of $901 million and reporting strong gains at Starz.

Fourth-quarter revenues at The Walt Disney Company were up 12 percent to $14.3 billion, with net income rising by 33 percent to $2.3 billion.

Increased advertising and affiliate revenues were partially offset by lower theatrical revenues at 21st Century Fox, which reported total first quarter revenues of $7.2 billion, a 2-percent increase on the year-ago period, and a higher net profit of $1.3 billion.

Despite shifting consumption habits, TV will still take 80 percent of global video ad spend in 2023, according to Strategy Analytics.

Sony Corporation delivered better-than-expected financials for the second quarter of 2018, with a 6-percent revenue gain to 2.2 trillion yen ($19.6 billion) and a net income of 173 billion yen ($1.5 billion), driven by its gaming business.

In the third quarter of this year, there were 260 M&A deals in the U.S. media and telecoms space, according to PwC, a 9-percent gain on the year-ago period.

According to new research from WARC, which provides insights on advertising and media effectiveness, by 2023, advertisers will spend $46.6 billion on AVOD, almost double the current investment level.