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Streaming Wars

U.K.’s Channel 4 CEO on Possible Privatization, Netflix and Ad Market Challenges

Channel 4 is in discussions with the U.K. government about its future, Alex Mahon, the CEO of the U.K. broadcaster, said at a Royal Television Society (RTS) event on Tuesday. She expressed hope that the government of Prime Minister Liz Truss would focus on “facts, data and evidence,” she told the RTS London Convention 2022. “We’ll see […]

How SkyShowtime’s CEO Aims to Shake Up the European Streaming Landscape

It’s showtime for SkyShowtime. The European streaming joint venture of Comcast and Paramount Global is launching in the Nordics today, Tuesday. Its monthly price will be €6,99 ($6.99) in Finland, SEK 79 ($7.37) in Sweden, NOK 79 ($7.77) in Norway and DKK 69 ($9.28) in Denmark. Following its debut in these markets, the service will become available in […]

Paramount+ to Launch in Italy With Originals Showcasing Female Stories and Voices

Paramount+, the streaming service from Paramount Global, launches in Italy on Thursday with more than 8,000 hours of entertainment and a slate of local originals shining a spotlight on women’s voices and stories. Among them are the previously unveiled original series Miss Fallaci, set to premiere in 2023, which will detail “the true story of […]

NFL, English Premier League Expected to Power Peacock Growth This Year, Comcast Exec Says

As more competitors enter the advertising-supported streaming space, including Netflix and Disney, Peacock executives believe the platform remains in a leadership position.  “We know there’s competition coming our way, but we’re out ahead with a really good team,” said Jason Armstrong, executive vp, deputy CFO and treasurer of NBCUniversal owner Comcast Corporation.  Speaking at Bank […]

SkyShowtime to Launch in Nordics on Sept. 20

SkyShowtime, the European streaming joint venture of Comcast’s Sky and Paramount Global, will launch on Sept. 20 in Sweden, Denmark, Norway and Finland, before debuting in the Netherlands during the fourth quarter, the companies said on Monday. The service launch in a total of 22 markets had been eyed for late 2022 after the venture partners received approval from European regulators […]

How Paramount+ and Showtime Will Compete Against Streaming Giants: A Conversation With David Nevins

After giving an address at the Edinburgh TV Festival on Thursday, previewing some upcoming content and discussing the state of the streaming market, Paramount’s David Nevins sat down with The Hollywood Reporter, sharing his thoughts on the growth challenges that the likes of Netflix have been facing as of late and how Paramount’s strategy differs […]

Netflix Made Changes to Focus on the “Best Content” at “Tricky Time,” U.K. Exec Says: “We Are Here for the Long Run”

Netflix is focused on offering its subscribers great content and welcomes competition despite its recent user growth challenges, Anne Mensah, vp, original series at Netflix in London since early 2019, said at the Edinburgh TV Festival on Thursday. “This is a company that is founded on resilience and innovation,” she said when asked about recent […]

Paramount’s David Nevins Reveals Upcoming Louis C.K. Doc and Is “Interested” in What “Our Best Writers” Have to Say About Roe v. Wade Reversal

Paramount Global top executive David Nevins told a U.K. TV industry event on Thursday that he is interested to see what writers have to say about the Supreme Court’s overturning of abortion rights and revealed an upcoming Showtime documentary about comedian Louis CK and his return after a sexual harassment scandal. Louis C.K. is “a […]

German Media Giant RTL Launches Video and Music Streaming App to Challenge Netflix, Disney+

Recent quarterly results from global streaming giants Netflix and Disney+ show subscriber growth in North America slowing or turning negative, but in Europe’s largest single market, German television giant RTL Group is betting there is still plenty of room to grow. On Wednesday, RTL launched an ambitious new streaming service, billed as the first of […]

Warner Bros. Discovery Stock Drops as Post-Merger Update Doesn’t Impress Wall Street

A day after unveiling its quarterly earnings, Warner Bros. Discovery shares were falling sharply in Friday trading as investors and analysts debated the Hollywood giant’s outlook for its combined streaming, or direct-to-consumer (DTC), strategy and cost-savings plan. Some financial observers saw the need to reduce their stock price targets, and at least one expert also […]

AMC Networks Hits 10.8M Streaming Subs, U.S. Ad Revenue Drops in Second Quarter

AMC Networks, the cable networks and streaming company that operates the likes of AMC, AMC+, IFC, BBC America, Acorn TV and Shudder, reported a 5 percent drop in U.S. advertising revenue in the second quarter, but said it grew its streaming subscribers in the period to end June with 10.8 million, up from 9.5 million […]

As Paramount Forecasts $1.8B in Streaming Losses This Year, Wall Street Grades Earnings

A “contrarian” stock upgrade, a stock price cut and a warning about “new worries” were among Wall Street analysts’ initial reactions to Paramount Global’s second-quarter earnings update Thursday. The company reached “nearly 64 million” streaming subscribers worldwide as of the end of June, up from more than 62 million at the end of March. CFRA […]