Digital TV News: Paramount
Paramount to sell 13.01% stake in Viacom18 to Reliance Industries
Mar 13, 2024 – Paramount Global has agreed to sell its subsidiaries' entire 13.01% equity interest in Viacom 18 Media to Reliance Industries for 42,86,00,00,000 Indian rupees (~$517 million).
News categories:
Paramount, Reliance Industries, Digital TV, India, MandA
Latin America to add 55 million SVOD subscriptions
Mar 7, 2024 – Digital TV Research forecasts that Latin America will have 165 million SVOD subscriptions by 2029, up from 110 million at end-2023.
News categories:
Digital TV Research, Simon Murray, Digital TV, Latin America, Market Research, Streaming
3 in 4 U.S. CTV users watch live sports via streaming apps
Feb 29, 2024 – LG Ad Solutions has released a study showing a shift in how sports enthusiasts are consuming their favorite games – with streaming apps now dominating over traditional linear TV.
News categories:
LG Ad Solutions, Serge Matta, Advertising, Digital TV, Market Research, Streaming, USA
Paramount to launch Paramount+ branded destination with Multichoice
Feb 26, 2024 – Paramount Global Content Distribution has announced a licensing deal with MultiChoice to create a Paramount+ branded destination on the pan-African platform.
News categories:
Paramount, Multichoice, Lisa Kramer, Nomsa Philiso, Digital TV, South Africa, UX
U.S. TV viewing hits four-year high in January
Feb 20, 2024 – Nielsen's January 2024 report of The Gauge has revealed that January TV viewing levels soared with January producing nine of the 10 highest daily streaming levels ever.
News categories:
Nielsen, Broadcast, Cable TV, Digital TV, Market Research, Streaming, USA
Ad tiering pays off as 36% of U.S. subscribers upgrade to avoid ads
Feb 20, 2024 – According to a report from Bango, the launch of ad-funded tiers has driven more than a third of U.S. subscribers (36%) to upgrade their services.
News categories:
Bango, Paul Larbey, Advertising, Digital TV, Market Research, Streaming, USA
U.S. home entertainment spending up 16.8% in 2023
Feb 7, 2024 – According to DEG, overall U.S. consumer spending on digital and physical home entertainment formats in 2023 was $43 billion, a 16.8% increase from the almost $37 billion consumers spent in 2022.
News categories:
Digital Entertainment Group, Digital TV, DVD, Market Research, Streaming, USA
Samba TV releases latest State of Viewership report
Feb 8, 2024 – According to Samba TV's latest viewership report, linear continues its decline in reach while streaming viewing has swelled. The report also gives an early look at the impact of the WGA and SAG-AFTRA strikes.
News categories:
Samba TV, Ashwin Navin, Advertising, Digital TV, Market Research, USA
Barb releases Q4 2023 UK SVOD subscriptions data
Feb 7, 2024 – Barb has released data from its Establishment Survey showing that 18.8m UK homes (65.4%) had access to an SVOD service in Q4 2023, a decrease from 19.3m (67.3%) in Q3 2023.
News categories:
Barb, Doug Whelpdale, Digital TV, Market Research, Streaming, UK
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