The return of Raylan Givens has been set: FX has announced the summer premiere dates for some of its most critically-beloved shows.
25.04.2023 - 17:59 / deadline.com
TelevisaUnivision, which rolled out a two-tiered streaming offering under the Vix and Vix+ brands in 2022, is unifying them under the Vix banner.
The ditching of the “plus,” a ubiquitous symbol in streaming, is not accompanied by a change in strategy in terms of providing both a free, ad-supported tier and a paid, premium one. The Spanish-language media giant made the announcement as it reported soft results for the first quarter due to a slowdown in advertising hitting companies across the media and tech sectors over the past few months.
Revenue inched up 6% to $1.1 billion, though U.S. advertising grew just 2%. Reporting on a pro forma basis (given comparisons with the year-ago period, when the merger of Univision and Televisa formally closed), the company said operating income before depreciation and amortization fell 10% from the 2022 quarter to $361 million.
CEO Wade Davis said during a conference call with Wall Street analysts that the streaming rebrand followed a period of evaluation over the past several months. Despite initial results he described as “very validating of our two-tier product strategy,” Davis said it has entailed a degree of “operational complexity” for employees.
“One of our main learnings from the past couple quarters relates to brand efficiency and customer confusion around the marketing of these two tiers as separate brands,” he said. “Separate campaigns and separate brands for two different tiers inside of the same service ended up being confusing to the consumer and expensive for us.”
He added that the “plus” is generally used by traditional companies expanding into streaming or digital media, citing Disney+, Paramount+ and other examples. Digitally native players with both free and
The return of Raylan Givens has been set: FX has announced the summer premiere dates for some of its most critically-beloved shows.
Meadow Walker‘s cameo in “Fast X” truly incorporates whateveryone knew and loved about Paul Walker by exuding humbleness, just one of the many redeeming qualities that exemplified her late father.
Meadow Walker's cameo in truly incorporates whateveryone knew and loved about Paul Walker by exuding humbleness, just one of the many redeeming qualities that exemplified her late father.Speaking to ET's Nischelle Turner at the premiere in Rome, the 24-year-old model-turned-actress spoke about the significance of the cameo, how the family truly has become her family and how the role came about. On Thursday, Meadow on shared a photo of herself captured on a set monitor in a glimpse of her cameo in the Louis Leterrier-directed film.Meadow was only a year old when her father starred in the first installment, but it's not until the penultimate installment (the franchise is ending with the 11th and final installment) that she makes her own appearance, albeit low-key, and that's by design, because that's how Paul would have wanted it.«I've always thought about honoring my dad [in a film] just because it's such a big part of his life and my life,» Meadow tells ET.
Carol Vorderman set pulses racing on ITV's This Morning when she danced around the studio in a skin-tight beige long-sleeved top and matching skirt alongside pal Gyles Brandreth on Friday's show, but it could be for all the wrong reasons.
The Jonas Brothers‘ brand new album is officially here!
Outlander fans couldn't contain their excitement today as the official season seven trailer dropped on social media. The countdown is on until June 16, when the first episode of the seventh series airs - and it's set to be bigger and better than ever.
Jennifer Maas TV Business Writer Disney+ shed another 4 million subscribers in the first three months of 2023, marking the Disney-owned streamer’s second consecutive quarterly drop after closing 2022 with its first-ever decline. On the bright side, the Mouse House also managed to narrow its streaming business losses by $400 million, down 26% year over year. On Wednesday, CEO Bob Iger and Co. beat Wall Street estimates for Disney’s quarterly earnings and revenue due to an impressive Jan.-March showing at the company’s theme parks. That win comes during a fiscal Q2, which concluded April 1, plagued by companywide layoffs, a looming (and now active) writers strike, and a turf war with Florida Gov. Rick DeSantis.
Tesco has followed followed supermarket giant Sainsbury's in slashing the price of its own-brand bread and butter.
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Jem Aswad Senior Music Editor New Warner Music CEO Robert Kyncl faced a light release schedule during his first two quarters in office and has promised not to candy-coat the results. Although the company’s revenue was up 4% and its publishing division posted a strong quarter, the company is just beginning to emerge from that thin stretch of releases with strong performances from three recent albums from its Atlantic Records division, from Ed Sheeran, Jack Harlow and Tiesto. As he did in his first earnings call, Kyncl nodded to that situation and then looked ahead to a robust release schedule for the remainder of 2023, with upcoming releases from Dua Lipa, David Guetta, Lil Uzi Vert, Burna Boy, Kelly Clarkson, Tiago PZK, Bailey Zimmerman, and others. “I’m very confident in the path forward, as we combine creative and marketing excellence with tech innovation to propel our growth,” he said.
Sainsbury's is helping shoppers combat soaring food inflation by slashing the cost of some of its bread and butter items by up to 11 percent.
Project Runway is celebrating 20 years of the reality competition series with an “All-Stars” edition set to premiere on Thursday, June 15 at 8 p.m. ET on Bravo. The network announced that the premiere will be two parts and you can watch a preview of the upcoming season in the video posted above.
Sunderland manager Tony Mowbray has admitted that he expects loanee Amad to be included in Manchester United's squad for their pre-season tour of America this forthcoming summer.
Paramount Global fell way shy of Wall Street forecasts with ongoing losses in streaming exacerbated by soft advertising at its TV/Media group last quarter and a dip in filmed entertainment as well. The stock is down sharply — about 14% — in early trading
integration of Showtime into Paramount+ will officially launch in the third quarter, the company confirmed. The combination, which is expected to generate approximately $700 million in future annual expense savings, resulted in a programming charge of $1.7 billion during the first quarter. As part of the move, the company is raising its prices for Paramount+ subscriptions.
Naman Ramachandran Revenues at Bertelsmann’s Luxembourg-based RTL Group, a media giant which owns Fremantle, slid 9% to €1.4 billion ($1.5 billion) for the first quarter of 2023, financial results released on Thursday have revealed. The group attributes this to “significantly lower TV advertising revenue,” particularly in Germany, and the disposals of RTL Belgium and RTL Croatia. Fremantle’s revenues were down 5.6% to €435 million (Q1/2022: €461 million), mainly due to timing effects of production deliveries, the group said. The group’s total advertising revenue fell to €700 million (Q1/2022: €829 million), of which €545 million represented TV advertising revenue (Q1/2022: €653 million), €76 million digital advertising revenue (Q1/2022: €83 million) and €39 million radio advertising revenue (Q1/2022: €46 million). Distribution revenue was down by 1.8% to €107 million (Q1/2022: €109 million).
Todd Spangler NY Digital Editor After record-breaking growth in 2021, U.S. internet ad revenue slowed last year — but continued to show double-digit growth. That’s according to the 2022 annual ad revenue report from the Internet Advertising Bureau trade group, conducted by PwC. Between 2021-22, U.S. internet advertising revenue grew 10.8% year-over-year to a total of $209.7 billion, compared with 35.4% surge the previous year, per the study. In 2022, digital ad spending saw the highest growth in Q2 (21.1%) followed by Q2 at 11.8% before slowing in Q3 (8.4%) and Q4 (4.4%). By comparison, U.S. TV advertising revenue in 2022 grew 2%, to $71 billion, according to estimates from PwC’s Entertainment and Media Outlook 2022-2026 report.
Bonnie Raitt has postponed several of her tour dates in order to undergo surgery.The blues musician has been advised by doctors to rest for a couple of weeks following the procedure. It means that she will no longer perform at Brandi Carlile’s Mothership Weekend (May 12-14) and has been forced to move her own headline shows.Raitt’s representatives wrote via her Twitter: “Bonnie has a medical situation that requires surgery to address.
Missing our leading lady! Blake Lively confirmed she will not be attending the 2023 Met Gala.
Patrick Frater Asia Bureau Chief Without a “Spider-Man” movie during the last financial year, Sony’s pictures division was unable to keep up with previous levels of profitability. Games and network services was another weak spot for Sony Group Corporation.