Olympic Games

Netflix hit by Olympics viewing

Netflix has taken a hit as US viewers opt for the Olympics over Stranger Things, Orange is the New Black and other content on the streaming service. Tech firm Procera measures traffic to Netflix and noted a 10% drop over the course of the opening weekend of the Games, currently being held in Brazil, which […]

Discovery in Verizon OTT deal

Discovery Communications is to begin supplying content to an upcoming mobile TV-focused OTT service from US telco Verizon. The deal is for both long- and short-form programming from Discovery’s bouquet of channels, the firm’s president and CEO, David Zaslav, revealed during an earnings call yesterday. “I’m pleased to announce an agreement with Verizon to bring […]

Discovery to create strategic alliance with TF1

Discovery Communications and France’s TF1 Group have entered exclusive negotiations to create a strategic alliance whereby Discovery would make investments in TF1’s businesses. The pair are focusing on Eurosport, cooperation in pay TV offerings in France and developing a content production partnership. The Wall St Journal has reported that Discovery could invest several hundred million […]

Digital growth boosts ProSiebenSat.1

ProSiebenSat.1 has confirmed its full-year outlook following strong third-quarter net income growth, boosted by growth in digital revenues of 50% to €85.9 million. The broadcast group more than doubled its underlying net income to €65.1 million. ProSiebenSat.1 posted total revenues of €636.9 million, up 7.1%. Recurring EBITDA grew by 2.3% to €167.3 million. The German […]