Mansha Daswani

Fourth-quarter profit at Discovery, Inc. rose to $476 million on revenues that were 2 percent higher at $2.9 billion.

Announcing its first post-merger financial results, ViacomCBS revealed plans to expand the CBS All Access SVOD service with a broader offering as it moves to "accelerate our momentum in streaming."

Farhad Massoudi, founder and CEO of Tubi, and Adam Lewinson, chief content officer, talk about the platform’s gains and its plans for 2020.

Lionsgate delivered improved revenues of $998.5 million in Q3, driven by its media networks and motion picture segments, but swung to a loss of $97.8 million in the period.

Streaming viewing was up 58 percent worldwide in Q4 2019 as compared with the year-ago period, according to Conviva, which says 2020 is “the year of streaming media.”

In a conference call with analysts, Robert Iger, chairman and CEO of The Walt Disney Company, weighed in on the international rollout of Disney+, including the upcoming debut in India, and noted that global expansion of Hulu is likely to follow beginning in 2021.

Revenues at The Walt Disney Company in Q1 2019 were up 36 percent as the conglomerate delivered gains across all of its segments, including direct-to-consumer, with Disney+ ending 2019 with 26.5 million paid subs.

Operating income at Sony Pictures dropped from $102 million to $51 million in the third quarter on revenues that slipped by 12 percent to $2.2 billion.

George Barrios and Michelle Wilson have been ousted as co-presidents at WWE.

George Cheeks has been tapped to take the reins at CBS as Joe Ianniello steps down.