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AMC THEATERS RAISES USD 917 MILLION TO AID BANKRUPTCY 26 JAN 2021

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AMC THEATERS RAISES USD 917 MILLION TO AID BANKRUPTCY

The fundings serve as fresh investment capital, given since Mid-December of 2020. The theaters will use the money to establish a plan to reopen.
US STREAMING SPIKES BY 24% SINCE THE PANDEMIC WAS DECLARED 26 JAN 2021

Data

US STREAMING SPIKES BY 24% SINCE THE PANDEMIC WAS DECLARED

Consumer in the region spend on streaming services rose to USD 47 per month at the end of December as the increasing number of newly established streaming services chip away at linear usage. Americans now subscribe to four streaming services on average, up from three at the beginning of the virus outbreak in 2020, with 24% more seeking on-demand.
RIKI GROUP’S “THE FIXIES” CONTINUES ITS GLOBAL SUCCESS 21 JAN 2021

Kids & Animation

RIKI GROUP’S “THE FIXIES” CONTINUES ITS GLOBAL SUCCESS

"The Fixies vs. Crabots" will have its theatrical release in UAE and Saudi Arabia, also season 1 and 2 of the series have been launched on Bostan app and "The Fixies" were chosen as a mascot of the Russian Pavilion at the World Exhibition “Expo-2020” in Dubai.
NIELSEN ANNOUNCES TOP STREAMING TITLES OF 2020 19 JAN 2021

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NIELSEN ANNOUNCES TOP STREAMING TITLES OF 2020

The researcher noted that the outcome of the pandemic reflects a permanently altered media market as video streaming accounting for a larger share of overall media consumption following theater closures, sports event suspensions, among other changes.
PAY TV REVENUES KEEP FALLING IN THE MIDDLE EAST AND NORTH AFRICA 18 JAN 2021

Data

PAY TV REVENUES KEEP FALLING IN THE MIDDLE EAST AND NORTH AFRICA

Pay TV revenues for the 20 countries in the Middle East and North Africa region fell by 14% between 2016 and 2020 to $2.74 billion, according to Digital TV Research’s latest report.