OTTVerse

ITV Reports 3% Decline in Q2 Revenue ITV has announced a 3% decrease in total Q2 revenue, bringing it to £1.9 billion (€2.26 billion). This decline was driven by a predicted drop in ITV Studios revenue, which offset gains in total advertising revenue (TAR). https://lnkd.in/gqzj45HV #ott #streaming ✅ Follow OTTVerse for the latest updates.

Latest news from the OTT Industry → Charter Reports Loss of 393,000 Video Subscribers in Q2 → YouTube Reports $8.66 Billion in Q2 Ad Revenue – a 13% increase compared to the same period last year → Peacock Reports $348M Quarterly Loss as Subscriber Numbers Decline to 33M → MLB Network Launches Independent Streaming Platform, Accessible Without Pay-TV Subscription → NBA Declines Warner Bros.Discovery’s Offer, Potential Legal Battle Looms → CTV Advertisements Stand Out with Higher Engagement Rates, Study Finds → Disney , Hulu, Max Unveil Bundle Pricing as New Streaming Package Launches → ITV Studios Takes Majority Control of Hartswood Films → aha Wins 13 Awards at NEXA Streaming Academy Awards And more latest news on OTTVerse: https://ottverse.com/ ✅ Follow OTTVerse for the latest updates.

Charter Reports Loss of 393,000 Video Subscribers in Q2 Cable giant Charter Communications has continued to experience a decline in its video subscriber base. It reported a loss of 393,000 residential pay TV subscribers in the latest quarter, under the leadership of CEO Chris Winfrey a significant increase from the 189,000 customers lost in the same period last year. https://lnkd.in/g6C57QBe #ott #streaming ✅ Follow OTTVerse for the latest updates.

ITV Studios Takes Majority Control of Hartswood Films ITV Studios, the renowned production company known for several popular scripted series has secured a majority ownership in Hartswood Films. https://lnkd.in/g5wdMVQQ #ott #streaming ✅ Follow OTTVerse for the latest updates.

Disney , Hulu, Max Unveil Bundle Pricing as New Streaming Package Launches The Disney , Hulu, and Max bundle have officially hit the market, bringing Disney’s Disney and Hulu services together with Warner Bros. Discovery’s Max. The package is available in both ad-supported and ad-free versions, offering viewers various subscription options. https://lnkd.in/gd2aRGXn #ott #streaming ✅ Follow OTTVerse for the latest updates.

NBA Declines Warner Bros.Discovery’s Offer, Potential Legal Battle Looms The National Basketball Association (NBA) turned down Warner Bros. Discovery’s attempt to match a $1.8 billion annual bid from Amazon Prime Video for broadcasting rights on Wednesday which could lead to a potential legal confrontation between Warner Bros. Discovery and the NBA. https://lnkd.in/gGQ6qRSq #ott #streaming ✅ Follow OTTVerse for the latest updates.

MLB Network Launches Independent Streaming Platform, Accessible Without Pay-TV Subscription Major League Baseball (MLB) League Baseball offers fans a direct-to-consumer option to watch games and programming by introducing a new streaming service for MLB Network. https://lnkd.in/gC-_79MT #ott #streaming ✅ Follow OTTVerse for the latest updates.

aha dominates inaugural NEXA Streaming Academy Awards with 13 wins, including Best Regional Platform aha, the regional OTT platform, has made a debut at the first-ever NEXA Streaming Academy Awards by clinching 13 awards. The ceremony, held in partnership with the South Indian International Movie Awards (SIIMA) at the Grand Hyatt Kalina in Mumbai, celebrated excellence in both Hindi and regional content in 48 categories. https://lnkd.in/gMqJ4Agu #ott #streaming ✅ Follow OTTVerse for the latest updates.

VisualOn Sets New Standards in Video Streaming Efficiency With Innovative CAE and Media Player Solutions at IBC2024 As video streaming consumption surges, service providers face significant challenges with bandwidth usage and delivery costs. At IBC2024, VisualOn, Inc. will tackle these issues with its AI-enhanced universal content-adaptive encoding (CAE) solution, the VisualOn Optimizer, and premium streaming media players. https://lnkd.in/gtKnwMpg #ott #streaming ✅ Follow OTTVerse for the latest updates.

Peacock Reports $348M Quarterly Loss as Subscriber Numbers Decline to 33M The streaming service under Comcast's NBCUniversal, Peacock, reported a rise in second-quarter revenue and a reduced loss of $348 million, down from $651 million in the same period last year and $639 million in the first quarter of 2024. https://lnkd.in/gQWUQj9f #ott #streaming ✅ Follow OTTVerse for the latest updates.