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USA: Hispanics drop Pay-TV, boosting demand for Spanish content on SVOD and FAST 8 MAY 2024

Trends

USA: Hispanics drop Pay-TV, boosting demand for Spanish content on SVOD and FAST

This comes from the report by the consulting firm Horowitz, "FOCUS Latinx Volume I: Subscriptions 2024", an annual report tracking the evolution of the pay and free TV, streaming, internet, and mobile environment among U.S. Hispanic/Latine audiences.
Fox ad revenue fell to $1.2 billion but profit rose to $704M 8 MAY 2024

Production

Fox ad revenue fell to $1.2 billion but profit rose to $704M

The company owner of Fox, Fox News and Fox Sports reported its Q3 financial results, beating Wall Street estimates and hitting $3.4 billion revenue.
Disney narrowed streaming losses by 97% 7 MAY 2024

Production

Disney narrowed streaming losses by 97%

Disney's DTC business turned an operating profit of $47 million, marking an improvement from the $587 million loss reported in the same quarter last year. However, its shares value fell over 8% following executive warnings of anticipated softness in the third quarter.
Sarah Reese Gefroy joined Studiocanal as SVP of Studiocanal Stories & TV Series Development 30 APR 2024

Corporate Moves

Sarah Reese Gefroy joined Studiocanal as SVP of Studiocanal Stories & TV Series Development

As of May 1, the executive will lead the newly launched label, reporting to M-K Kennedy and Ron Halpern.
UK: the advertising market reported a 6.1% expansion in 2023 29 APR 2024

Markets

UK: the advertising market reported a 6.1% expansion in 2023

The total investment sum for that year reached £36.6 billion. New forecasts show ad market’s value is set to reach £38.8bn this year and top £40bn by 2025.