1 Roku Delivers Big Revenue Beat As More Ad Dollars Shift to Streaming
Shares of Roku Inc. were up 3% in after-hours trading Thursday after the company showed that it continues to benefit from the shift of advertising dollars away from traditional television.
2 Netflix Picks France to Test First Linear Offering
Named Direct, the linear channel — which is only available to subscribers — will air French, international and U.S. feature films and TV series that are available on the streaming service.
3 T-Mobile Gives Cord-Cutters What They Want and Media Companies Aren't Happy About It
The non-sports package, whose 30 channels include Discovery, Food Network, Comedy Central, and AMC, costs just $10 per month, while the other bundle starts at $40 per month. But apparently, Discovery CEO David Zaslav isn’t too pleased with this arrangement.
4 TiVo's Deep Discovery Tool Gets Moody With Metadata
TiVo’s new Deep Discovery tool for video service providers, electronics manufacturers and media companies digs deeper into metadata to improve search and recommendations.
5 Lionsgate Revenue Falls 20%; OTT Subs Grow 2.3M To 13.7M
Lionsgate revenue dipped to $745 million last quarter, down 20% from $938 million the year earlier, as OTT subscribers jumped and the shares headed higher in late trading.