Paramount's Q4 revenues were relatively stable at $8.1 billion, a 2 percent increase, with record subscriber gains at Paramount+, while ad revenues fell in its TV media segment.
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Full-year revenues at Hasbro fell by 9 percent to $5.9 billion, while its fourth-quarter results were down 17 percent year-on-year to $1.7 billion.
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Fremantle has picked up a minority stake in Artists, Writers & Artisans (AWA) after sealing a development pact with the outfit, backed by Lupa Systems, Lightspeed Venture Partners and SISTER, last April.
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Paramount is merging its Showtime and MTV Entertainment Studios teams as the premium cable network prepares to be integrated into Paramount+.
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The film and TV production incentives in Australia boosted the local economy by A$16.5 billion ($11.5 billion) between 2018 and 2022, according to a new Olsberg SPI study.
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Disney+ shed 2.4 million subscribers in the first quarter of fiscal 2023, while overall revenues at The Walt Disney Company rose by 8 percent to $23.5 billion.
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Despite cost-of-living concerns and intensifying competition, online video subscriptions will continue to rise this year, per Omdia, growing to 1.7 billion.
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The director talks about filming in his hometown of New Delhi and deploying various cinematic and narrative techniques to tell the story of his documentary.
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Consumers across the U.K. had nearly 50 million SVOD subscriptions in 2022, according to data from the British Association for Screen Entertainment (BASE), which valued the sector at £3.8 billion ($4.7 billion), a 17.6 percent year-on-year gain.
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