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Amazon CEO Andy Jassy Says Prime Video Can Be a ‘Profitable Business On Its Own’
In his annual letter to shareholders, published today (April 11), Amazon CEO Andy Jassy said the e-commerce giant’s video streaming service, Amazon Prime Video, “can be a large and profitable business...
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Amazon’s New Video Ad Chief Is the Latest Former NBCUniversal Exec to Join...
Amazon continues to build out its advertising team after making the move to introduce ads to Prime Video for basic subscriptions. The tech giant’s latest addition is Krishan Bhatia, a former ad sales...
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Dan Lin’s Strategy for Netflix Films: Focus On Quality and Range
Netflix’s new film chief has already ushered in some structural changes to the streamer’s film strategy, indicating that the company no longer needs to prove itself as a top filmmaker. Under Dan Lin’s...
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Netflix Execs Double Down on ‘Evolving’
In the first three months of this year at Netflix, “evolution” has been the name of the game. The streamer’s earnings release and its subsequent earnings call emphasized how it’s shed its novice...
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Paramount Streaming CEO Tom Ryan On the Growth of FAST Services in Streaming
A Nielsen report from this month on free ad-supported television (FAST) like Amazon Freevee and the Roku Channel shows that FAST services are growing. There are 21 percent more FAST channels than...
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Spotify CEO Daniel Ek: ‘Monetization Remains Our Top Priority’
Spotify’s earnings release on Tuesday (April 23) revealed a few tidbits of the company’s strategy going forward with features like audiobooks, short-form video and its newest change in leadership with...
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Alphabet Execs Call YouTube Shorts a ‘Long-Term Bet for the Business’
At Alphabet’s fourth-quarter earnings call at the beginning of 2024, the tech company’s leaders had much to say about YouTube. Yesterday (April 25), when reviewing the first three months of the year...
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The Inevitable Decline of Movies
Less is more. Except when it’s not. And in the current case of movies, it is most decidedly not. The film industry is shrinking—by revenue, volume, value and old fashioned chutzpah. The past poor...
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Paramount Skirts Anticipated Merger Announcement with David Ellison’s...
Paramount Global continued its discussion of cost reduction and debt payoff at its annual shareholder meeting today (June 4), bypassing any talk about merging with David Ellison’s Skydance Media....
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Video Game Movies Are Having a Moment in Hollywood—and It’s Just the Start
Video game intellectual property (IP) has emerged as the next battleground for Hollywood as comic book movie enthusiasm begins to wane and wobble, and studios are leveraging video game assets better...
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David Ellison Has Ambitious Plans for Paramount Following the Skydance Merger
Paramount Global, the media behemoth that counts CBS, Paramount Pictures and MTV among its portfolio, is set to become the “New Paramount” after merging with Skydance Media in a long-awaited deal that...
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Is YouTube Really the New TV? The NFL Sunday Ticket Legal Battle May Help Decide
Time is a funky thing. A lot of it can pass without too much change or disruption in a given area, as we saw with the linear pay-TV model’s decades of dominance. But when circumstances align, change...
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After a Solid Q2, Netflix Is Preparing For a ‘Fast Ramp’ Into Live Programming
As Netflix looks to bolster its position as the dominant player in streaming, it is joining other media companies in embracing the world of live programming. Following the success of its special The...
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The NBA’s $77B Deals With Amazon, NBCU and Disney Solidify Sports’ Migration...
The NBA yesterday (July 24) inked new 11-year media rights deals with Amazon, NBCUniversal and The Walt Disney Company that are worth around $77 billion in total and will begin during the 2025-2026...
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Apple TV+’s $20B Content Splurge Is Not Just About Trying to Win the...
The streaming industry has entered its adolescence, and while Netflix and Amazon Prime Video have established themselves as global frontrunners, a host of other services, including Disney+, Hulu and...
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The UFC Is Looking for a Giant Media Rights Deal: 3 Top Contenders
In 2021, the NFL signed an 11-year broadcast deal with several major networks and streaming platforms valued at an astounding $111 billion. Over the summer, the NBA secured an 11-year agreement worth...
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Streamers Have Figured Out How to Get Sign-ups—the Real Question Is How to...
In its recent 2024 first-half State of Viewership report, Samba TV shared data highlighting which TV shows are most likely to be watched by viewers who consume only a single show on major subscription...
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Why Are TV Veterans Running Hollywood All of a Sudden?
The winds of change are blowing through the hierarchy of Hollywood executives. For the first time, television veterans have been elevated to the very top of the food chain over movie folks and are...
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Netflix Added 5M Subscribers in Q3 Despite Lingering Effects of Hollywood...
The impacts of last year’s Hollywood strikes are still being felt at Netflix, according to the streaming giant’s co-CEO Ted Sarandos. “We’re moving closer and closer to a more normalized output...
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Netflix Co-CEO Ted Sarandos Defends Updating the Streamer’s Iconic Culture Memo
Ted Sarandos, co-CEO of Netflix, is standing by his decision to change the company’s renowned culture memo earlier this year. “We definitely changed the culture. We want it to reflect how we work, not...
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