Per new research from GlobalData, annual SVOD revenues in the U.S. will nearly equal those from pay TV in 2027, rising to $64.4 billion, a 6.3 percent compound annual growth rate (CAGR).

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TBT Enterprises has clinched a deal with NBC Sports for the inaugural The Soccer Tournament (TST), featuring 32 teams from eight different countries competing in Cary, North Carolina, this June.

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BET+ is adding a lower-priced, ad-supported subscription tier this June.

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Members of the Writers Guild in the U.S. are officially on strike after the union was unable to come to a new agreement with the Alliance of Motion Picture and Television Producers (AMPTP).

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Between 2022 and 2027, streaming video providers in the U.S. will lose some $113 billion in revenues as a result of piracy, according to new Parks Associates data.

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A new STARZ and MGM+ bundle is launching on Prime Video in the U.S., with the two services to be offered together at $11.99 a month, a 20 percent cost savings on the combined price of both standalone services.

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Touting a 44 percent gain in its total viewing time, Tubi has released the findings of its annual audience report, which indicates that three out of four consumers see AVOD services as “practical alternatives” to cable and satellite TV.

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The introduction of a cheaper ad-supported tier led Netflix to its highest daily sign-up rate in the U.S. since the start of the pandemic, according to Ampere Analysis.

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Sports OTT subscription revenues in the U.S. will rise by 73 percent over the next five years to reach about $22.6 billion in 2027, according to Parks Associates.

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Amy Reisenbach has been named president of CBS Entertainment, where she will oversee the prime-time, daytime and late-night creative departments at the CBS Television Network.

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