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AMC Networks Saw U.S. Ad Revenue Drop 23% But Sees Streaming Subscribers Rebound in The 4th Quarter of 2023
Today, AMC Networks announced its 4th quarter 2023 earnings. For the first time in several quarters, AMC was able to add streaming subscribers, adding 300,000 to AMC+, Shudder, and other streaming services it owns. This comes as the AMC lost 100,000 streaming subscribers in the 3rd quarter and 500,000 in the 2nd quarter of 2023.…
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Streaming ‘Subscription Cycling’ is the New Normal As Consumers Get More Selective
When it comes to streaming services, loyalty is pretty much dead. The new normal is “subscription cycling,” being opportunistic about which services you’re currently paying for, and switching when that hit show ends its run. That’s according to television analytics firm Samba TV, which released its state of the TV report on Thursday. The study…
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Freely, a Free Streaming Service by Everyone TV, Will Launch This Year
Everyone TV, a joint venture between BBC, ITV, Channel 4, and Channel 5, will launch a free streaming service called Freely in the U.K. The interface will host live and on-demand content from U.K. broadcasters and come preinstalled on smart TVs like Vestel. Freely brings live and on-demand content to one streaming app to ensure…
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MLB Commissioner Targets 2025 Season For League-Owned Streaming Service
Major League Baseball Commissioner Rob Manfred said he wants to launch a league-owned direct-to-consumer streaming service for the 2025 baseball season. “Realistically, my target to having a digital package I can take to market would be for the ’25 season,” Manfred said at an owners meeting in Florida, according to The Athletic (paywall). MLB.tv already gives…
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FCC Rules Robocalls Using AI-Generated Voice Clones Are Illegal
The Federal Communications Commission on Thursday cracked down on a type of robocall that uses artificial intelligence to trick people. This comes after New Hampshire residents received robocalls using AI to “clone” President Joe Biden’s voice last month. The fraudsters, posing as Biden, told voters to skip the state’s upcoming primary election. The robocalls were…
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The Tennis Channel is in Play as Parent Sinclair Looks For Investors
Broadcasting company Sinclair is potentially looking for an investor to partner up on to help run its Tennis Channel, according to Front Office Sports. Sinclair, which also owns or operates nearly 300 television stations across the U.S., hired investment bankers to advise it on a potential deal, the report said. While the term “explore strategic…
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Data Caps Are Becoming a Bigger Issue for Cord Cutters
With the average user gobbling up more data, it’s becoming easier to blow past their data caps. Historically, data caps have been put in place to ensure people don’t abuse their service by going overboard on data consumption, and are usually set above what a company thinks usage should be. But a new report from…
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More Than 60% of U.S. Households Feel They’re Paying Too Much For Electricity
For the second year in a row, the majority of U.S. households think their electric bills are too high. New data from market researcher Parks Associates shows 60% of U.S. households think they’re paying too much for electricity. The firm will host dozens of experts from Big Tech and energy companies, including Arcadia, Google, GAF…
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Warner Bros. Discovery Dodges Lawsuit Alleging Exaggerated Subscriber Numbers
Warner Bros. Discovery appears to have sidestepped its own legal drama. A proposed class action lawsuit, helmed by Ohio Attorney General David Yost, alleged that Warner Bros. Discovery concealed negative financial information prior to its 2022 merger with AT&T’s Warner Media, thereby misleading investors. But earlier this week, U.S. District Judge Valerie Caproni granted Warner…
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The CW Quietly Launched a Free, Live Streaming Platform With 12 Channels
With little fanfare, The CW has launched a free, ad-supported live streaming service with 12 channels. The service is available on The CW’s website under the “Channels” section. Clicking on it will bring you live feeds from a dozen channels, ranging from Ion to the Game Show Channel and Mystery Science Theater 3000. Cord Cutters…
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Mint Mobile Slammed For ‘Misleading’ Ad Promoting its $15/Month Plan
Mint Mobile’s ads touting a promotional rate of $15 a month for wireless service didn’t adequately disclose how much customers would actually have to pay, the National Advertising Review Board ruled on Thursday. The NARB, which is part of the non-profit BBB National Programs, said that its marketing failed to disclose that customers would need…
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FCC Fines Nexstar $720,000 For Negotiating in ‘Bad Faith’ For its FOX and MyNetworkTV Stations
The Federal Communications Commission slapped Nexstar with a $720,000 fine after slamming the broadcasting giant for negotiating in “bad faith” with a telecom company to carry its local FOX and MyNetworkTV stations. Nexstar proposed terms of its retransmission agreement to Hawaiian Telecom that included a provision preventing the telecom company from filing a complaint with…
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Funimation’s End is Finally Here, and its Merger With Anime Giant Crunchyroll Will Cost You
Funimation and Crunchyroll, two anime streaming services that merged in 2021, will finally combine under the latter’s name on April 2. But subscribers may not like the result. Once the combination is complete, Funimation subscribers will be hit with a new $99.99 per year plan — a nearly double the current $54.95 rate. The two…
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CMT Pays Tribute to Country Legend Toby Keith Tonight
Tonight, CMT will give a special nod to the late Toby Keith in a memorable send-off honoring the country singer’s impressive career and contributions to music. The 30-minute CMT Remembers: Toby Keith tribute airs on February 8 at 8:00 p.m. on CMT. The network posted the news on X along with a brief video montage…
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T-Mobile 5G Home Internet Is Offering a $150 Mastercard To New Subscribers For a Limited Time
Have you considered switching to T-Mobile’s 5G Home Internet? Right now may be the right time to do it, as T-Mobile is offering a $150 prepaid Mastercard for all customers who switch to T-Mobile Home Internet for a limited time. You do need to hurry though as this is a limited time offer. The best…
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