Fox is still finding its footing in the streaming era. It didn't operate its own streaming platform until this past summer, with the launch of Fox ONE, and, unlike Disney and NBCUniversal, it lacks lucrative sports rights that help drive viewership. What Fox does have, though, is Fox News. Roughly one-third of total viewing minutes on Fox ONE come from people consuming news, CEO Lachlan Murdoch told investors during the company's earnings call on Wednesday.
Instead, he focused on the last three years, when he returned to the CEO role in 2022 after leaving it in 2020. When he first came back, the streaming business had lost $4 billion that year, Iger said, and required massive organizational restructuring to "create more accountability." All that effort seems to have paid off, financially speaking. Last quarter, Disney's SVOD services grew 11% year-over-year to more than $5 billion, driven by growth in both subscription and advertising revenue.
Original TV shows, sports, and other video content may soon debut on Facebook as part of the social network's plan to boost the amount of video its members consume. Facebook is beginning to discuss plans with video producers, though it did not say which studios or companies are involved. The content will be displayed on the site's video tab, currently a small curated collection Facebook is looking to expand.
Dear Reader, there are no algorithms at 3QD-just six human editors trying to keep a human-curated corner of the internet alive. But recent changes in Google search and other AI-driven shifts have cut our already modest advertising revenue to less than half of what it was just last year. 3QD remains mainly a labor of love, but we do need enough income to cover basic costs.
The company is in an awkward growth phase. It's a 9-year-old startup and brought in half a billion dollars from July 2024 to July 2025. Wow! But its growth rate is slowing, and there's less urgency from businesses that have implemented new GDPR and privacy practices. Also, an unnoted factor in The Information's report is that OneTrust rocketed out to such early growth thanks in large part to being the recommended privacy partner by Google sell-side account execs.
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