Mansha Daswani

VICE Media Group has filed for Chapter 11 bankruptcy protection as it prepares to be sold.

NBC and Peacock will lead NBCUniversal's coverage of the Olympic Games from Paris from July 26 to August 11, 2024.

The Latino-owned entertainment company Fuse Media has established Ignition Studios to tap into the demand for young adult-focused multicultural content.

The Walt Disney Company reported improved revenues in the second quarter and a narrowing of streaming losses, despite losing subscribers at Disney+.

Even as its direct-to-consumer segment swung to a profit in the first quarter, Warner Bros. Discovery reported a Q1 loss of $1.1 billion, citing acquisition-related amortization costs and restructuring expenses, on revenues that were down 5 percent to $10.7 billion.

Paramount Global swung to a loss in the first quarter amid higher expenses in its direct-to-consumer segment and a drop in ad revenues, while reporting a new subscriber milestone at Paramount+ and usage gains at Pluto TV.

First-quarter revenues at Comcast Corporation were down 4.3 percent to $29.7 billion, while net income was up by 8 percent to $3.8 billion.

Rising costs, the looming writers’ strike in the U.S., the general economic malaise and the booming opportunities in AVOD and FAST dominated conversations at MIPTV last week.

New data from Digital TV Research indicates that global AVOD revenues for TV series and movies will rise by $50 billion from 2022 to 2028 to reach $91 billion.

Amid fears of a global recession and escalating costs, leading distributors share how they are preparing for the new era in the streaming wars.