Overall revenues at Nordic Entertainment Group (NENT) slipped by 2 percent in Q1 2020, with advertising and studios revenues falling while subscription revenues rose thanks to gains at Viaplay.

The number of pay-TV subscribers across Western Europe will fall by 2.6 percent between 2019 and 2025 to reach 99.86 million, according to Digital TV Research.

OTT TV and movie revenues from across 22 Eastern European markets will rise from $1.4 billion last year to $3.6 billion in 2025, according to Digital TV Research.

With sports consumption having "collapsed" in Europe amid the coronavirus pandemic, entertainment and news consumption have soared, according to Conviva.

Channel 4 is expecting to reduce its content budget by £150 million, with a further £95 million in cost-savings across the organization, as it looks to weather the financial impact of the COVID-19 pandemic.

Max Conze has stepped down as CEO of ProSiebenSat.1 Media, effective immediately, as the European media group refocuses its business on its entertainment segment.

ITV is cutting £100 million ($116 million) from its programming budget and suspending the production of Coronation Street and Emmerdale due to the COVID-19 crisis.

NENT Group is implementing measures to cut costs by approximately SEK 700 million ($68 million) due to the impact of COVID-19 on its 2020 financials.

RTL Group revenues for 2019 rose to €6.7 billion ($7.4 billion), delivering a profit for the year that was up by 10.1 percent to €864 million ($960 million).

ProSiebenSat.1 Media posted 2019 revenues of €4.1 billion ($4.6 billion), a 3 percent gain, boosted in part by digital advertising and gains at Red Arrow Studios.