U.K. Streaming Revenues Soar 21% to $4.1 Billion in Flat Market, Media Regulator Study Reveals

Brian Steinberg Senior TV Editor Madison Avenue pulled hundreds of millions of dollars out of primetime TV and sent them to streaming venues in the industry’s recently completed “upfront” market, the latest sign that one of the media sector’s most stable mediums is in an era of severe flux. Ad commitments for primetime broadcast TV fell 3%, to $9.595 billion, compared with $9.91 billion in last year’s market, according to Media Dynamics Inc., an advertising consultancy that tracks the upfront, when U.S. TV networks try to sell the bulk of their commercial inventory for their next programming cycle.

, which is now streaming exclusively on Prime Video. Based on the New York Times bestselling novel of the same name by Casey McQuinston, the romantic comedy follows a complicated and unexpected journey from distain to friendship to love.Streaming exclusively on Prime Video now, is one of the summer's most hotly anticipated movies.To watch, you'll just need an Amazon Prime membership or a membership to Prime Video.

Suits has found a second life on Netflix and Peacock. The legal dramedy reigned over Nielsen’s streaming charts for the third consecutive week from July 10 to July 16 with another 3.7B views across the two services.

Selome Hailu “Bluey,” the Australian animated preschool series that streams on Disney+, appears on Nielsen’s streaming rankings most weeks. But during the July 10-16 viewing window, the series had its best showing yet, becoming the second most-streamed title of the week.

League-owned streaming service NFL+ is bulking up its offerings in its second season.

Brian Steinberg Senior TV Editor Bleacher Report has a new type of game to analyze. Surf on over to the sports-commentary site that has been part of the Warner Bros. Discovery stable since 2012, and you’ll see the usual stuff: a ranking of the best superstar duos in the NBA; speculation over whether the Atlanta Hawks will trade for the Toronto Raptors’ Shams Chanria; and an aggregation of a story about the Kansas City Chiefs and defensive tackle Chris Jones.

Seasons 1-8 of Suits are available to stream on Netflix right now.

Disney CEO Bob Iger shook up the entertainment industry and Wall Street last month when he declared to CNBC at Sun Valley that linear television may be non-core and that he’s looking for partners for ESPN as the company pivots to streaming.

all due to curiosity about cast member Meghan Markle, aka The Duchess of Sussex.“I think it’s a multi-tiered effect,” Korsh, 56, told The Post.“About a month before [‘Suits’] showed up on Netflix I started hearing from many people … saying that their teenage son or daughter saw the [‘Suits’] interview scene with Mike [Patrick J. Adams] and Harvey [Gabriel Macht] on TikTok and started watching the series — and now all their friends are addicted to it … like seniors in high school and freshmen in college.”“Suits” aired on USA Network from 2011-2019 (nine seasons) and Markle — who played paralegal-turned-lawyer Rachel Zane — met and married Prince Harry toward the latter part of its run.

Disney has wrapped up its 2023-24 upfront sales process, with gains in sports and streaming helping it return to 2022 revenue and volume levels.

Travis Scott‘s new album ‘Utopia’ has become the second-most streamed album of 2023, less than two weeks after it was released.The rapper’s first album since 2018 has been streamed globally over 650million times, while Apple Music confirmed it had the biggest first day streams of an album in 2023, and Spotify named it the most streamed record in 2023 on its first day with 128 million streams.In terms of both sales and streams, ‘Utopia’ has had 2023’s third-biggest first week numbers, just behind behind Morgan Wallen and Taylor Swift.The album features an illustrious list of credited artists including Beyoncé, SZA, Kanye West and Daft Punk‘s Guy-Manuel. Bon Iver, The Weeknd, Sampha, Drake, James Blake, Young Thug also make appearances.To celebrate the album’s release, Scott played a special show and livestream at Italy’s Circus Maximus, an entertainment stadium and public park in Rome that used to host chariot races.He brought out Kanye West to perform ‘Praise God’ and ‘Can’t Tell Me Nothing’.

Naman Ramachandran Revenues at Bertelsmann’s Luxembourg-based RTL Group, a media giant which owns Fremantle, slid 5.1% to €3.1 billion ($3.4 billion) for the first half of 2023, financial results released on Tuesday have revealed. Adjusted EBITA (Earnings Before Interest, Taxes, and Amortization) was down to down to €250 million compared to €501 million during the same period in 2022 and group profit was at €132 million, more than 50% down €304 million in 2022. The company attributes this to “challenging TV advertising markets, in particular in Germany.” RTL group’s TV advertising revenue declined 12.5% to €1.18 billion (H1/2022: €1.35 billion).

Meg 2: The Trench is out now, and the numbers are in!

Todd Spangler NY Digital Editor Apple delivered solid financial results for the June 2023 quarter that beat Wall Street estimates, even as top-line revenue dipped 1.4% on lower-than-expected iPhone sales. CEO Tim Cook boasted of a new milestone for the world’s biggest tech company: It now has more than 1 billion paid subscriptions across all apps and services, up 150 million year over year. During the quarter, sales in Apple’s services unit grew 8.2%, to $21.21 billion.

Selome Hailu It’s a “Suits” week yet again. The legal drama that ran on USA Network from 2011 to 2019 had its third week in a row in the No. 1 spot on Nielsen’s weekly streaming rankings.

Naman Ramachandran Declining TV advertising revenues in the German-speaking region have contributed to revenues and profits plunging at media giant ProSiebenSat.1. Quarterly results published on Thursday reveal that the group’s revenues declined from €1.04 billion ($1.14 billion) in 2022 to €868 million ($950 million) this year.

Jennifer Maas TV Business Writer Warner Bros. Discovery streaming comms senior vice president Chris Willard is exiting the company to pursue other interests after 14 years working with the HBO team, Variety has learned.

Bode and Morgan Miller's kids are on the mend. Morgan, a former pro volleyball player, took to Instagram on Friday to reveal that three of her kids — twin 3-year-old boys Asher and Aksel, and 1-year-old daughter Scarlet — were hospitalized due to carbon monoxide poisoning earlier this month.«Two weeks ago, we had a crane at our house to remove our broken hot tub.

Todd Spangler NY Digital Editor Roku’s second-quarter 2023 earnings soundly beat Wall Street expectations, while it still sounded a note of caution about “muted” TV ad spending in the U.S. The company reported Q2 revenue of $847.2 million, up 11%, and a net loss of $107.6 million (-$0.76 per share). Analysts expected an adjusted loss of $1.28 per share on revenue of $773.49 million.

announced it would be raising the price on it US plans by $1.A student plan will now cost $5.99 per month, a single premium plan will star at $10.99 and families can expect to pay $16.99.The music and podcast streaming app has embarked on a number of drastic cost cutting moves in recent months. In January, it cut 800 jobs, and it laid off additional 200 people in June.