Streaming
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Warner Bros. Discovery CEO: Streaming ‘No Longer a Bleeder,’ Will Reach Profitability in 2023
David Zaslav touted the DTC progress as the entertainment giant beat revenue expectations with $10.7 billion but reported a loss of 44 cents per share
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Apple Q2 Revenue Soars to $94.8 Billion, Beating Wall Street Estimates
Services revenue, including Apple TV+ subscriptions, of $20.9 billion helped the company’s results as hardware sales drop
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PBS, Magnolia Network Are Coming to Hulu Live TV
Chip and Joanna Gaines’ programming will launch May 25, while PBS Kids and local stations will stream in the coming months
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‘Rabbit Hole’ Nabs the Top New Show | Chart
Paramount+’s Kiefer Sutherland series moves up into the No. 1 ranking after HBO’s “The Last of Us” ages off the list
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Why ‘9-1-1’s’ Cancellation at Fox Reflects the Broken Economics of Making Television | Analysis
Fox’s decision to drop the Angela Bassett-led drama and ABC’s move to pick it up come down to one word, insiders say: ownership
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Why Comcast Needs to Enter the M&A Game: Buy Out Hulu or a Competitor | Charts
Scale matters in streaming, and even with NBCUniversal titles, Peacock just isn’t big enough yet
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‘The Diplomat’ Lands at the Top of Streaming’s Most-Watched | Charts
A new Netflix show on political themes dominated the latest rankings, while “Ghosted” and “Ted Lasso” delivered much-needed wins for Apple TV+
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How Will a Writers’ Strike Reshape TV? | Analysis
Amid cost-cutting, the flexibility of streaming and the lessons learned during the pandemic, the industry doesn’t work the way it did 15 years ago
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Spider-Man Will Help Disney+ Spin a Web That Captures Streaming Customers | Charts
Getting rights to the Sony-controlled character’s films is a good move to battle churn
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Team Downey President Says It’s Important to Nurture Early-Career Connections: ‘Build Your People’
Office With a View: Amanda Burrell’s work is ultimately about building a “community of like-minded individuals” and then “fiercely” protecting their vision, the “Sweet Tooth” producer tells TheWrap
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Apple TV+ Scores First Most-Streamed Movie With ‘Ghosted’ | Chart
The Chris Evans and Ana de Armas rom-com broke a Netflix streak
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Warner Bros. Discovery Is Going All-In on Theatrical Releases – Which Means Max Is, Too | Analysis
The streaming service, set to launch May 23, will largely depend on its sister studio’s slate for high-value, first-run feature films
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Movies
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Roku Posts Smaller-Than-Expected Q1 Loss as Revenue Climbs to $741 Million
The streaming company’s leaders had previously warned that the first report of this year could be rocky
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Netflix Boasts Confidence in UK With $6 Billion in Programming Investment Since 2020
The streamer also revealed three new projects from local producers — “Black Doves,” “Department Q” and “Bank of Dave: The Sequel”
