Reporting second-quarter revenues of $875.2 million, Lionsgate recorded a net loss for the period of $1.8 billion following a goodwill writedown related to STARZ and international restructuring charges.

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Despite delivering gains in overall revenues and streaming customers, Paramount saw its Q3 profit drop to $231 million from $538 million on revenues that were 5 percent higher at $6.9 billion.

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Viaplay Group has clinched a deal with SBS to bring the curated Viaplay Select service to Australian audiences.

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ITV Studios has picked up a majority interest in the Australian scripted production company Lingo Pictures, which will continue to be run by producers Helen Bowden and Jason Stephens.

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YouTube has launched a new Primetime Channels feature, offering users the ability to sign up for 30-plus subscription streaming services, including Paramount+ and AMC+.

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Revenues at FOX Corporation rose by 5 percent in its fiscal Q1 to $3.19 billion, led by advertising revenue gains.

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A survey in the U.S. and Canada by TiVo has found that the average number of video services used by consumers has risen to 9.86 from 8.8 a year ago, powered in part by increasing adoption of AVOD platforms.

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In the absence of the Olympics and the Super Bowl, video customer losses and an impairment charge from its Sky business, Comcast Corporation reported a Q3 net loss of $4.6 billion on revenues of $29.8 billion, a slight year-on-year decline, with an adjusted net income of $4.2 billion, a 4.5 percent gain.

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Mansha Daswani, the editor of World Screen, recaps the biggest news stories out of MIPCOM last week.

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Almost 11,000 delegates were in Cannes this week for MIPCOM, RX France’s Lucy Smith revealed at a wrap press conference while also unveiling plans for MIPTV in April.

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