Consume – Page 3
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US streaming revenue to overtake pay TV in 2024
Total revenues from streaming will overtake revenues from pay TV subscriptions in the US market for the first time in the third quarter of 2024, according to research from Ampere Analysis.
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BT Tower sold to MCR Hotels
MCR Hotels has secured the purchase of BT Tower for £275m. MCR plans to transform the iconic building into a hotel.
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Netflix predicted to lose Arabic streaming leadership to Shahid VIP
Netflix is predicted to lose its SVOD market leadership in Arabic countries in the next five years, according to a report by Digital TV Research.
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RedBird IMI to acquire All3Media for £1.15bn
Investment group RedBird IMI has agreed to acquire production and distribution group All3Media from its joint owners, Warner Bros. Discovery and Liberty Global, for £1.15bn.
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Oppenheimer leads BAFTA winners
Oppenheimer was the biggest winner at this year’s BAFTAs, winning seven prizes including best film and best director for Christopher Nolan.
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Spain’s RTVE launches streaming service across Europe
Spanish public broadcaster RTVE has launched its international streaming service rtveplay+ in Europe.
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Africa to add nine million SVOD subscriptions
Sub-Saharan Africa will have 16 million paying SVOD subscriptions by 2029, up from seven million at the end of 2023, according to research by Digital TV Research.
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ESL FACEIT Group launches streaming platform for esports fans
Esports organiser ESL FACEIT Group (EFG) has launched a new esports streaming platform designed to offer a unique streaming experience tailored to the user.
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Disney invests $1.5bn in Epic Games
The Walt Disney Company is investing $1.5 billion to acquire an equity stake in Epic Games.
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FOX, Warner Bros. Discovery and ESPN launch sports streaming giant
FOX, Warner Bros. Discovery and ESPN, a subsidiary of The Walt Disney Company, will launch a new sports streaming joint venture (JV) this autumn, combining the companies’ portfolios of sports networks, certain direct-to-consumer (DTC) sports services and sports rights.
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EBU launches Eurovision Sport streaming platform
The European Broadcasting Union (EBU) has launched its first direct-to-consumer streaming service, Eurovision Sport.
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Freely streaming service sets Q2 launch date, reveals user interface
New streaming service Freely, backed by the BBC, ITV, Channel 4 and Channel 5, will launch in the second quarter of 2024.
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UK screen industry valued at £12.5bn for 2023
Figures released by the British Association for Screen Entertainment (BASE), Omdia, Kantar, Futuresource Consulting, and Official Charts Company have valued the UK screen industry at £12.5bn for 2023, a 5.6% YoY growth in a year when the UK Box Office topped £1bn for the first time since the pandemic. This ...
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ITV Studios and Fusebox renew deal for role-playing digital game Love Island: The Game
ITV Studios and mobile game developer Fusebox Games have announced a renewed deal to expand the mobile game Love Island: The Game for another three years.
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Peacock subscribers double in 2023
Subscribers to US streaming service Peacock nearly doubled in 2023 to hit 31 million.
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Rugby League launches streaming service SuperLeague+
The UK’s Rugby League has unveiled its new global, direct-to-consumer streaming service, SuperLeague+.
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Esports World Cup unveils Mobile Legends: Bang Bang as first partner title
The Esports World Cup Foundation, the Saudi Arabian nonprofit hosting the inaugural Esports World Cup this summer, has unveiled Mobile Legends: Bang Bang (MLBB) as the first confirmed title.
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Netflix revenue climbs more than 12% in Q4 following password-sharing crackdown
Netflix has recorded another strong quarter after revenue increased 12.5% year-on-year (YoY) for Q4 2023, reaching US$8.8bn. This is predicted to continue in Q1 2024 with more than 13% YoY growth.
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Channel 4 extends Formula 1 production deal with Whisper
Sports production company Whisper is to continue producing Channel 4’s Formula 1 coverage until 2026.
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Immersive content for Apple Vision Pro headset unveiled
Apple has announced some of the original immersive content that will be available on its Apple Vision Pro headset when it launches on February 2.