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TBS has acquired the hit comedy series Young Sheldon from Warner Bros. Domestic Television Distribution.

In the second quarter of this year, U.S. consumers shelled out $6.3 billion on streaming services, a 17 percent gain, according to DEG: The Digital Entertainment Group.

During its virtual summer press tour, PBS revealed a slew of new initiatives, including a firm target on addressing diversity, equity and inclusion.

Paramount Television Studios has entered into a three-year overall deal with Justin Simien, the writer, director and producer behind the Netflix series Dear White People.

The average cord-cutter is spending $85 a month on online pay-TV or standalone subscription-based services, according to new research from Parks Associates.

Concord has launched Concord Originals, a narrative content creation division to develop and produce a slate of scripted and unscripted films, TV shows and podcasts.

MTV Entertainment Studios has entered into a new and expanded deal with South Park co-creators Trey Parker and Matt Stone that includes extending the series on Comedy Central through 2027.

ViacomCBS has sealed new multiyear distribution agreements with Cox Communications for its portfolio of networks.

Hello Sunshine, founded by Reese Witherspoon, has entered into a definitive agreement for a majority investment from a newly formed company run by Kevin Mayer and Tom Staggs and backed by the investment capital firm Blackstone.

While 82 percent of U.S. broadband homes subscribe to at least one OTT service, just 58 percent use a traditional pay-TV service, according to Parks Associates.