#streaming-competition

#streaming-competition

Netflix said Thursday that it won't raise its bid for Warner Bros. Discovery's streaming and studio assets, allowing Paramount Skydance to emerge as the winning bidder of the entire Warner Bros. portfolio, which includes cable networks like CNN, TBS, TNT, HGTV and others.

The historic film studios recorded global revenue of $37.3 billion, representing a 5% decrease compared to the previous year due to the decline in the cable business with a loss of advertising on the TNT, Discovery Channel, Cartoon Network and CNN channels.

Glen Walker and Lu Parker, anchors of KTLA's late morning and midday newscasts, are out along with meteorologist Mark Kriski. Kriski had been with KTLA since 1991, while Walker has been at the station's anchor desk since 2010. Parker joined KTLA in 2005.

Apple is taking on YouTube and Spotify with a new video podcast experience launching in the spring. Users will be able to switch between watching and listening to shows in the Apple Podcasts app, which will begin using the company's HTTP Live Streaming (HLS) video technology. Users can also switch to a horizontal version of the podcast and download videos to watch offline. The move comes as video podcasting continues to gain popularity. Edison Research recently revealed that 51% of the U.S. population has consumed a video podcast, and that 37% consume video podcasts monthly.

Odeon no longer wants to be beholden to the film slate and so has launched its biggest brand campaign to date. In doing so it pivots its marketing strategy away from showcasing films to selling the cinema experience. There was a titanic shift when film release windows reduced from 16 weeks to 45 days. It's forced a rethink at the top cinemas. When a movie comes to the home faster, the business has had to get better at selling the experience it provides.

I never imagined when I started my bootcamps in the park over 12 years ago that The Body Coach would grow into a brand reaching millions of people,

Netflix missed Wall Street's third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax authorities, while it offered a forecast a touch ahead of Wall Street projections for the rest of the year. The report failed to impress investors accustomed to fast-paced growth from the streaming video pioneer. Shares of Netflix, which had risen 39% this year ahead of the earnings report, fell 6.3%, to $1,163.80, in after-hours trading on Tuesday.