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Warner reduced net loss by 10%, but revenues decreased 9 MAY 2024

Production

Warner reduced net loss by 10%, but revenues decreased

The company announced its Q1 financial results, reporting a profit of $86 million for its direct-to-consumer segment, marking a 72% increase year over year.
Fremantle UK appoints Joanna Rwama as Chief Operating Officer & Chief Financial Officer 8 MAY 2024

Corporate Moves

Fremantle UK appoints Joanna Rwama as Chief Operating Officer & Chief Financial Officer

Joanna joins from BBC Studios where she has worked for 11 years.The new appointment comes as former Head of FP & A, Michelle Christophorou was promoted to Finance Director, reporting into Joanna, and overseeing Fremantle UK’s finance function.
RTL quarterly revenues rose to $1.4 billion, fueled by streaming and TV advertising 8 MAY 2024

Production

RTL quarterly revenues rose to $1.4 billion, fueled by streaming and TV advertising

Despite slight declines in Fremantle's global content business, the group signaled optimism for the projected €6.6 billion revenue for the year and continued investment in streaming and content production.
USA: Amazon Prime Video ad-tier is growing 7 MAY 2024

Trends

USA: Amazon Prime Video ad-tier is growing

Data from Hub Entertainment Research revealed that the launch of Amazon Prime Video’s ad-supported tier has shaken up the streaming advertising ecosystem.
LA Screenings 2024: Globo to present new business models 3 MAY 2024

Trade Shows

LA Screenings 2024: Globo to present new business models

Works like "Renacer" and "Justice: Misconduct", along with the range of scripted and unscripted formats, are the highlights of the company's participation in the international event