Mansha Daswani

Despite shifting consumption habits, TV will still take 80 percent of global video ad spend in 2023, according to Strategy Analytics.

Sony Corporation delivered better-than-expected financials for the second quarter of 2018, with a 6-percent revenue gain to 2.2 trillion yen ($19.6 billion) and a net income of 173 billion yen ($1.5 billion), driven by its gaming business.

In the third quarter of this year, there were 260 M&A deals in the U.S. media and telecoms space, according to PwC, a 9-percent gain on the year-ago period.

According to new research from WARC, which provides insights on advertising and media effectiveness, by 2023, advertisers will spend $46.6 billion on AVOD, almost double the current investment level.

There are now 50 live linear channels available to users of iflix, with new additions that include Al Jazeera, Trace Sports and beIN.

Gains at NBCUniversal helped drive a 5-percent increase in third-quarter revenues at Comcast Corporation, with net profit up 9.3 percent.

Diversity and content ingenuity were among the key topics addressed under the market's theme “The Big Shift.”

AT&T's third-quarter revenues grew by 15.3 percent to $45.7 billion, largely as a result of its acquisition of Time Warner.

Sunny skies returned to Cannes today as MIPCOM wrapped with some 13,800 participants and a record number of 4,800 companies from 110 countries in attendance.

Netflix delivered strong growth in Q3, with total revenues up 34 percent to $4 billion and net profit rising to $403 million, while total memberships increased by 7 million to 137.1 million.