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Roku’s Advertising revenues spike by 117% during Q2 2021 5 AUG 2021

Streaming

Roku’s Advertising revenues spike by 117% during Q2 2021

The growth persisted as the platform reached $645 million in quarterly sales, surpassing Wall Street projections despite a decline in the platform's total viewing hours.
TV OPERATORS SEEK SIMPLER ADVERTISING STRATEGIES 2 JUL 2021

Ad Sales

TV OPERATORS SEEK SIMPLER ADVERTISING STRATEGIES

Numerous advertisers have launched modernized business models in an attempt to release engaging ads that are intended to reach a specific audience and eliminate jargon. The deals place limitations the amount of inventory cable and satellite providers manage
 U.S. BOX OFFICE LOSES MILLIONS AMID PERMANENT HYBRID THEATRICAL RELEASE SHIFT 28 JUN 2021

Distribution

U.S. BOX OFFICE LOSES MILLIONS AMID PERMANENT HYBRID THEATRICAL RELEASE SHIFT

The industry's total gross figures are expected to decline by 20% to $2.3 billion, with only Cinemark showing promising growth with a 2% trade increase. Approximately 70% of total ticket sales will stem from theatrical releases, set to generate $8.2 billion.
QUIBI EXPLORES POTENTIAL SALE, AFTER LESS THAN SIX MONTHS OF LAUNCHING 22 SEP 2020

Streaming

QUIBI EXPLORES POTENTIAL SALE, AFTER LESS THAN SIX MONTHS OF LAUNCHING

After 6 months in service, the service has struggled to retain subscribers, gaining only 2 million subscribers by June. The company is considering fund-raising or merging with a special purpose acquisition vehicle. 
AMC THEATERS WILL NO LONGER PLAY NBCUNIVERSAL FILMS AMID “TROLLS WORLD TOUR” DISPUTE 1 MAY 2020

Production

AMC THEATERS WILL NO LONGER PLAY NBCUNIVERSAL FILMS AMID “TROLLS WORLD TOUR” DISPUTE

The decision, and threats from other large theater chains to do the same, were made after a remark from NBCUniversal's CEO, Jeff Shell, stating NBCUniversal would release “Trolls World Tour” on VOD services on the same day it would appear in theaters. The “Trolls World Tour” made USD 100 million in VOD revenue and USD 347 million globally in box-office revenue during its release in 2016.