Roku, the streaming specialist, has reported its Q2 results with total net revenue at $968 million (€895.4m), up 14 per cent year over year. In a letter to shareholders, the company said: “We delivered solid results in Q2. Roku grew Streaming Households 14 per cent YoY, Streaming Hours 20 per cent YoY, and Platform revenue […]
Outbrain, a technology platform that drives business outcomes through engagement, has entered into a definitive agreement to acquire Teads, the omnichannel video platform, from Altice in a transaction valued at approximately $1 billion (€0.92bn), on a cash free, debt free basis. The deal includes an upfront payment of $725 million, subject to standard adjustments, and […]
Ofcom recently published its Media Nations report, which looks at the UK’s media landscape and how people across the country use and consume media across a range of platforms. The main findings show that younger audiences are watching less broadcast TV, while, overall, radio listening is on the rise. The report also highlights a number […]
Five of the UK’s largest alternative fibre network operators have joined forces to push for fairer access to physical infrastructure operated by Openreach. Initiated by nexfibre, the Physical Infrastructure Access (PIA) Coalition also comprises AllPoints Fibre, Community Fibre, Gigaclear, and newly-merged Netomnia and Brsk. Together, these members represent over 5 million premises ready for service, […]
Video-gaming content and live gameplay provider, GINX TV, has launched on Freeview in the UK, becoming available to 12 million homes via digital TV. The popular 24/7 television channel already airs in 28 countries and hosts a website with millions of unique users per month. “We are thrilled to be bringing GINX to Freeview, one […]
Warner Bros Discovery (WBD) will shut down its Boomerang streaming service in September, shifting most of the service’s classic animated content to Max. The Boomerang streaming service, which launched in 2017 and retailed at $39.99 [€36.64] per year, offers classic animation from Hanna-Barbera, Warner Bros and other family-friendly programming. In an statement to subscribers, Boomerang […]
Liberty Latin America and Millicom International Cellular have entered into an agreement to combine the companies’ respective operations in Costa Rica. Under the terms of the all-stock agreement, Liberty Latin America and its minority partner in Costa Rica will hold an approximate 86 per cent interest and Millicom 14 per cent in the joint operations, […]
Parks Associates has released its Tech Ecosystem Dashboard revealing Roku is the most popular brand of streaming media players in the US, followed by Amazon. Parks Associates’ consumer survey of 8,000 internet households reveals 43 per cent of streaming media player (SMP) owners report using Roku the most often. Thirty-five per cent of SMP owners […]
Venu Sports, the upcoming standalone streaming service in the US being built through a joint venture between ESPN, a subsidiary of The Walt Disney Company, Fox and Warner Bros Discovery, will be available at a launch price of $42.99 (€39.72) per month, with a seven-day free trial. Anyone signing up for Venu’s launch price will […]
The global gaming industry is expected to reach over 1.3 billion users this year, 91 million more than in 2023 and almost twice the figure reported in 2017. Although the number of gamers continues to rise, this massive user base seems to be spending less and less on gaming equipment, and this negative trend will […]