Roku Hits $1 Billion in Q4 Revenue, Beating Expectations
In the fourth quarter, streaming hours on The Roku Channel grew 82 percent year-over-year. Source: Roku Hits $1 Billion in Q4 Revenue, Beating Expectations
YouTube TV and Paramount Cut New Carriage Deal Avoiding Blackout
Channels like CBS, Nickelodeon, Comedy Central and MTV were at risk of going dark if the companies were unable to reach a new deal. Source: YouTube TV and Paramount Cut New Carriage Deal Avoiding Blackout
Lionsgate’s Film and TV Library Revenue Helps Shrink Quarterly Loss
The media giant, led by CEO Jon Feltheimer, launched Lionsgate Studios as a standalone, publicly traded company, split off from the Starz premium platform. Source: Lionsgate’s Film and TV Library Revenue Helps Shrink Quarterly Loss
Julie Adam Promoted to Universal Music Canada President, CEO
She replaces Jeffrey Remedios, who becomes president, strategic development at Republic Collective. Source: Julie Adam Promoted to Universal Music Canada President, CEO
Paramount Inks 30-Picture Financing Deal With Domain Capital Group
The slate deal locks in the Patrick R. Leardo-run investment group as a key partner for the studio as it looks to transition to Skydance Media ownership this year. Source: Paramount Inks 30-Picture Financing Deal With Domain Capital Group
Paramount Faces Growing Legal Obstacles to Complete Skydance Merger
A Delaware court ruled that Paramount must produce records that could lay the groundwork for more lawsuits from investors challenging the deal as the company contends with a new FCC commissioner who’s signaled his intent on holding up the merger. … Continued