Mansha Daswani

The number of subscribers to Lionsgate's premium pay and streaming brands grew to 28.9 million year-on-year in the first quarter.

With ad revenues bouncing back and gains in its streaming business, ViacomCBS's second-quarter revenues were up 8 percent to $6.6 billion.

Revenues at Sony Pictures Entertainment rose to $1.8 billion, but operating income slipped to $233.5 million, a 6 percent decline on a local currency basis.

Total revenues at Discovery, Inc. were up 21 percent year-on-year to $3.06 billion, with the company ending the period with 17 million direct-to-consumer subs.

Second-quarter revenues at NBCUniversal were up by 39.2 percent to $7.9 billion, with parent company Comcast Corporation seeing total revenues rise by 20.4 percent to $28.5 billion.

The global advertising market is set to recover this year, according to Zenith, with revenues expected to rise by 11.2 percent, exceeding the pre-pandemic peak by 6 percent.

Mia Edde has been tapped as executive director of Turkish content acquisitions at WarnerMedia, effective August 1.

Happier than Ever: A Love Letter to Los Angeles, a Billie Eilish concert special, will premiere on Disney+ in September.

WarnerMedia recorded revenues of $8.8 billion in the second quarter of this year, a 30.7 percent gain on the same period in 2020.

Netflix reported 1.54 million net subscriber additions in the second quarter for a total of 209.2 million paid memberships globally.