New and on-demand episodes of Yellowstone, RuPaul's Drag Race, and Survivor will continue to stream in Spectrum households for years to come, thanks to a new distribution deal between Paramount and Charter Communications. The deal keeps CBS, BET, Comedy Central, MTV, Paramount and Showtime networks available on Spectrum TV service (set-top box and Spectrum TV App), but also grants access to Paramount+ and BET+ to Spectrum TV households, and makes DTC apps available to Spectrum internet-only homes. This agreement is essentially a carbon copy of the landmark The Walt Disney Company & Charter deal from a few months ago, extending access to ESPN+ and Disney+ to millions of Spectrum households for no additional cost, proving Charter Communications' commitment to choice and value for consumers and subscribers, and creating additional access points for Spectrum Reach as a dominant CTV/streaming ad vendor. #neverstopreaching
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Paramount and Warner Bros. Discovery's Writedowns May Signal the Future of Network TV Recent billion-dollar writedowns by Paramount and Warner Bros. Discovery highlight a significant shift in the media landscape. These financial decisions underscore the declining value of traditional TV assets, driven by the drop in cable-TV subscribers, reduced ad revenue, and a broader shift toward digital and streaming platforms. As these media giants face shrinking profitability in traditional TV, they are being forced to reevaluate their strategies for the future. https://lnkd.in/gncF7eGC Both companies have signaled that the future profitability of linear TV is in jeopardy. The decrease in cable subscriptions and ad revenue shows that traditional networks are becoming less valuable, as viewers increasingly cut the cord and migrate to streaming services. The acknowledgment by Warner Bros. that its cable channels are now worth less than during the Discovery merger reflects a broader trend. The traditional cable model, reliant on advertising and subscription fees, is crumbling as audiences move en masse to digital platforms. This shift has led to significant cost-cutting measures, with Paramount and Warner Bros. both reducing their workforces by around 2,000 positions. These layoffs highlight the need to adapt to a media landscape where traditional TV margins are shrinking. Competition is also intensifying. Warner Bros.’ loss of NBA broadcasting rights to The Walt Disney Company, Comcast, and Amazon underscores the growing importance of securing streaming and digital broadcasting deals, further eroding the value proposition of traditional TV networks. The future for media companies lies in transitioning to streaming as the central focus. This will involve investing in streaming platforms, creating digital content for online consumption, and possibly raising prices to balance subscriber growth with profitability. At Havas Edge, we’re not just reacting to these changes—we’re leading the way. By reallocating budgets to digital and streaming, mastering new measurement tools, crafting platform-specific content, and embracing innovative ad formats, we ensure our clients not only adapt but thrive in this new media landscape. #MediaTransformation #StreamingWars #DigitalInnovation #FutureOfTV
Paramount Takes $6 Billion TV Network Charge, Joins Warner Bros.
bloomberg.com
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DIRECTV and Disney General Entertainment Content solving their carriage dispute coupled with recent deals by Charter with Disney and Warner Bros. Discovery appears to finally bring meaningful change to the way that programmers and distributors conduct business. Focused more on providing value and customization to consumers than revenue, this should be the template for deals to come and puts a dagger in the term, “Cable Operator” when describing the titans of payTV distribution. #ApexMedia #streaming #DirecTV #Disney #WarnerBros #Charter #broadcasting https://lnkd.in/gPhxKzVc
Disney, DirecTV Ink New Carriage Agreement; Includes Free Access to Disney+, Hulu, ESPN+ on Select Plans - Media Play News
https://www.mediaplaynews.com
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https://lnkd.in/ge5VEXPb "Everything else would be up for sale, including CBS, cable channels such as MTV and Nickelodeon, and the Paramount Plus streaming service. Here’s how that might play out: CBS could be sold to a company such as Warner Bros. Discovery, which doesn’t own a broadcast network Some of CBS’s owned-and-operated TV stations could be acquired by groups like Nexstar and Tegna. Paramount Plus could be sold to a rival platform, like Comcast’s Peacock or Warner Bros. Discovery’s Max. (Sony doesn’t have a general-interest streaming platform, instead licensing movies and TV shows to operators such as Netflix, and would most likely stick to that strategy.) The cable networks would probably be the toughest divisions to unload, but they could be attractive to TV programmers looking to scale up to gain leverage in negotiations with big cable companies such as Charter and Comcast."
A Plan to Break up Paramount
https://www.nytimes.com
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Michael Stanford's opinion piece in Mi3Australia today, outlines the power of Paramount's all-platform total TV universe with the addition of the Paramount+ ad tier in Australia. Michael says: "Streaming offers a new level of attention ensuring advertisers can reach the most engaged, leant-in fans, all within an ultra-premium environment that combines the production values of a cinema experience with the targeting and business-outcome performance of digital. "What’s more, the Paramount+ ad tier will be sold by a team who understand the value exchange with viewers, people in market for years not weeks. One point of entry offering frictionless solutions across multiple platforms." You can read the opinion piece here 🔗 https://lnkd.in/e4xdAwSf #ParamountPlus #10Play #ParamountANZSales #SVOD #CTVAdvertising
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In the evolving landscape of children's television, where giants like Disney, Nickelodeon, and PBS dominate, Kabillion has carved out a unique space. As the first-ever AVOD (Ad-supported Video On Demand) channel dedicated to kids' content, Kabillion has not only set the bar for entertainment but has also created a safe, independent environment for young viewers to enjoy their favorite shows without worry. In this post, we’ll take a closer look at why Kabillion’s innovative platform is a game-changer for families, why it's thriving in an era of streaming, and how it ensures a safer, more enjoyable experience for children. While many companies in the entertainment industry are backed by massive corporate resources, Kabillion stands out as a family-owned business that has always put kids and families first. Our independent spirit allows us to maintain a level of authenticity and care that larger, corporate-run networks often can’t replicate. Unlike streaming giants that are more focused on global strategies and algorithms, we know that kids need a space that feels like home—safe, familiar, and enjoyable. From Comcast and Spectrum to Roku, Apple TV, and Amazon Fire, Kabillion is accessible across all major On-Demand Cable channels and streaming platforms, offering children’s entertainment that stands out for its quality and consistency. Here in the comments section is a PowerPoint presentation that outlines a bit more about us.
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The Disney / Direct TV contract dispute looks like both sides are digging in for a long fight (much longer than last year's Disney / Charter One contract dispute). The biggest problem is that Direct TV wants "skinnier", less expensive packages where Direct TV would accept less content for a lower price. Disney wants to keep the content at current levels while raising prices for the new contract. Adding "streamlining" to their offer won't work for Direct TV since its a satellite system and cannot handle broadband transmissions. https://lnkd.in/gKyucrEF
Disney 'is playing hardball' with DirecTV over 'skinnier' bundles. Here's what's at stake.
finance.yahoo.com
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The Disney-DirecTV dispute has left millions of DirecTV subscribers without access to channels like ABC and ESPN since September 1, 2024, during key events like the U.S. Open. DirecTV claims that it is pushing for flexible, genre-specific bundles that allow customers to pay only for content they want, such as sports or news. Disney counters that it has offered multiple package options, including sports and entertainment bundles, and argues that its rates align with industry standards. Both companies claim to prioritise consumers, but the disagreement has yet to be resolved. Meanwhile only the consumer loses in this high profile spat! #Disney #DirecTV #ABC #ESPN #CarriageDispute #TVBundles #TVGenres #TVContent #Streaming #TVSports #EntertainmentIndustry
Disney Says It Offered DirecTV Genre-Based Bundles In Carriage Dispute
https://www.hollywoodreporter.com
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Korea: TVING – Paramount+ parting ways After two years of partnership, CJ ENM’s TVING and Paramount+ are parting ways officially on June 19, 2024. CJ ENM channels on Paramount’s Pluto TV are also leaving the platform. Variety reports that Paramount’s pulling back from CJ ENM is to cut costs as its streaming business and TV segment wrestle with debt. The company did announce in their Q4 2023 earnings call that they’d dial back on local content and marketing and exit bundle relationships as the numbers weren’t compelling. https://lnkd.in/gWN2CgtZ CJ ENM is making attempts to scale the number of subscribers. Most recently, they secured the broadcasting rights to the Korean Baseball League for 135 billion won (approx. $98.7mil based on 5/23 rate). A Korean source analyzes that paying for additional “American dramas” would have been difficult and Korean content were performing much better than Paramount’s high-quality shows like <Halo> and <Star Trek>. These are shows with big fandoms… question is how did they promote these shows in Korea? That’s a topic for another post. https://lnkd.in/gYcRPM-r Also, Paramount invested in 7 Korean language series. So far, 3 of them were released: <Yonder>, <Bargain>, <A Bloody Lucky Day>. And the 4th title is set to premiere on Paramount+ on 5/30, <Pyramid Game>. 1) So what will happen to the remaining 3 Korean series? It seems like these are still in discussion, since the two conglomerates will maintain their business relationship. 2) Like Apple+ in Korea, will Paramount have a dedicated person to manage Korean content production? 3) Like Max, will Paramount make deals with platforms to sell content by content? 4) Highly unlikely at this rate, but will TVING finally move forward with launching their product in the US? #TVING #Paramount+ #Kcontent #streamingservices #OTT
Paramount Global and Korea’s CJ ENM Scale Back Strategic Partnership
https://variety.com
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When streaming subscriptions matter more than mass audiences, there's room to eliminate some 'nice-to-haves.' Or is there? What do Seth Meyers’ “Late Night” band and the MTV News archives have in common? Both have faced recent cuts as media companies like NBCUniversal, Paramount Global, and Warner Bros. Discovery reduce costs amid declining advertising and distribution revenue. Meyers' NBC show will lose its band due to "budget cuts." Meanwhile, Paramount Global has scaled back digital assets, including MTV News archives and video content from “The Daily Show” and “Colbert Report,” to focus on subscription streaming services. #BigMediaCuts #SethMeyers #LateNightBand #MTVNews #MediaIndustry #EntertainmentNews #ParamountGlobal #WarnerBros #CostCutting #TVNews #Variety
Big Media Sweats the Small Stuff: Why Cuts Like Seth Meyers’ ‘Late Night’ Band, MTV News Archives Will Continue
https://variety.com
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Paramount is talking to new prospect in Sony and Apollo, as its exclusivity with Skydance expired. After months of M&A talks, the deal between Paramount Global and Skydance Media fell apart. As of now, Paramount is opening negotiations with both Skydance and Sony to see which suitor will blink first and give in to its demands. Whether Skydance decides to stick around after months of courting remains to be seen. A potential merger between Sony and Paramount could hit the rocks because of regulatory issues since US government rules limit foreign companies from owning broadcasting networks in the U.S. This could prevent Sony's Japanese parent company from taking full control of CBS, which is part of Paramount Global. One way around this would be to have Apollo, which is based in the U.S., to hold the rights to the CBS broadcast license. Paramount is facing a barrage of challenges including the decline of cable TV, and more significantly, for Paramount, a streaming business that is bleeding cash. Paramount has a streaming service in Paramount+ that competes directly with Netflix with more than 70 million subscribers. That model differs considerably from Sony which sells TV shows to entertainment conglomerates like Netflix and Disney. Paramount's potentially drawn out efforts for seeking a suitor will become a morale problem for its employees. It certainly won't be pleasant for shareholders and eventually customers who won't stick around if service, quality and content begin to suffer.
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