Mansha Daswani

Gerhard Zeiler, the head of international at WarnerMedia, laid out the tentative timeline for HBO Max's global rollout and talked about the impact of COVID-19 at the APOS Virtual Series today.

Mike Hopkins, senior VP of Amazon Prime Video and Amazon Studios, discussed the importance of international growth for the service in his APOS Virtual Series keynote today and weighed in on how shutdowns have impacted the service’s pipeline.

While time spent streaming content continues to rise across the globe, year-on-year growth slowed in May and June following the peaks recorded in April at the height of the COVID-19 shutdown, according to Conviva.

Gains in affiliate and streaming revenues at ViacomCBS in Q2 helped to partially offset a 27-percent drop in advertising revenues due to the COVID-19 pandemic.

ViacomCBS Networks International will launch an SVOD service internationally beginning in early 2021 delivering content from all of its brands.

Overall revenues at Discovery, Inc. fell by 12 percent to $2.5 billion in the second quarter, with net income dropping by 71 percent to $271 million.

With its parks largely shuttered and movie theaters closed due to COVID-19, The Walt Disney Company reported a third-quarter loss of $4.7 billion on revenues that were down 42 percent to $11.8 billion.

Despite a reduction in revenues, operating income at Sony Pictures Entertainment in Q1 rose to $233 million.

The number of SVOD subscriptions worldwide rose by 28 percent in 2019, according to Digital TV Research.

Second-quarter revenues at NBCUniversal fell by 25.4 percent to $6.1 billion, while overall revenues at parent company Comcast Corporation were down 11.7 percent to $23.7 billion.