Mansha Daswani

Banijay is expanding its operations in Israel, picking up a majority interest in MoviePlus Productions.

Warner Bros. Discovery, which closed the third quarter with almost 95 million direct-to-consumer subscribers, reported a net loss of $2.4 billion in the period on revenues of $9.8 billion as a result of merger and impairment costs.

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.

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.

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

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.

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+.

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

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.

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.