Releasing its Q4 and full-year results, Lionsgate announced gains in its media networks division, with global subscribers to Starz rising to 29.5 million, including 16.7 million streaming customers.

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David Zaslav is set to remain president and CEO of Discovery, Inc. through 2027, extending his previous contract, which ran till the end of 2023.

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Discovery and WarnerMedia are merging, with David Zaslav set to lead the combined company.

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Revenues at The Walt Disney Company were down 13 percent to $15.6 billion in the second quarter as it continues to feel the impact of Covid-19.

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First-quarter revenues at ViacomCBS were up 14 percent to $7.4 billion, driven by ad revenue gains from coverage of the Super Bowl and a 65 percent increase in streaming revenues.

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India is among the 92 countries worldwide that will see gains in pay-TV subscribers over the next five years, while 46 countries will experience continued cord-cutting, according to Digital TV Research.

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Streaming viewing time globally rose by 36 percent in the first quarter of this year, Conviva says in its latest State of Streaming report, with significant gains in South America, Africa and Europe.

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Overall revenues at Comcast Corporation were up 2 percent in the first quarter to $27.2 billion, with gains at Comcast Cable and Sky, while revenues at NBCUniversal were down by 9 percent.

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First-quarter revenues at Discovery, Inc. rose by 4 percent to $2.8 billion, with distribution revenue gains in the U.S. and improved ad revenues internationally.

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OTT revenues across the globe will almost double from $106 billion last year to $210 billion in 2026, according to new projections from Digital TV Research.

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