Episode 176: Netflix Q2 Earnings, Industry Doom and Gloom Overrated; Fandango to Compete in the FAST Market

This week, I cover the messy RSN business, which is only getting worse for NHL fans as six NHL teams will stream on Prime Video for in-market fans, but not all will be free. I also cover Netflix's price increase in the UK, its tenth since the service launched in 2014. I also talk about how, after price increases from Apple, Roku, and Amazon on streaming devices, the Google TV Streamer has risen from $99.99 to $149.99. On the content side, I detail new deals, with DAZN securing the rights to broadcast Spain’s top-tier football tournament, LaLiga EA Sports, across Sub-Saharan Africa for the next three seasons, and Warner Bros. Discovery launching HBO Max in Japan through deals for distribution on Nippon TV-owned Hulu Japan and Amazon Prime Video in Japan. Also, NBCU Telemundo secured the exclusive U.S. Spanish-language rights to the Serie A Championship, Coppa Italia and Supercoppa Italiana, locking down the football market. In addition, Sony launched more than 100 live FAST TV channels on the PS5 in the U.S., but none of the content is exclusive, and Disney has added to its content deal with Groupe M6, bringing "several hundred" episodes of four shows from the French broadcaster to the service. Finally, I cover Jio Platforms, Reliance Industries' digital platform, having received approval from market regulator SEBI to float India’s largest-ever IPO, aiming to raise about $4 billion. Podcast produced by Security Halt Media

This week, we cover major OTT price increases across the industry, including Disney raising prices by $2 per month for ESPN Unlimited and $1 for ESPN Select. We also cover Peacock raising prices by $1-$3 per month, Apple TV raising prices by $2 per month, and Amazon raising prices on its Fire TV, Echo, Eero, and Kindle hardware. We also discuss problems users reported across Netflix for the 26-minute GTA 6 trailer, YouTube's announcement of a change in how it defines a viewer, the market-sizing problems reported for vertical video, and series product functionality issues on LinkedIn.Finally, we detail Amazon's news that it has joined YouTube's Shopping affiliate program, where U.S. creators will now be able to tag Amazon products in their Shorts, long-form videos and livestreams, making it even easier for viewers to buy the products.Podcast produced by Security Halt Media

This month, Eric Black and Dan Rayburn discuss the big news that all of Peacock's content will be available on YouTube Premium in the U.S. They discuss what it means for NBCU, which has now become a content licensing company and DTC service, which are very different business models. They debate that over time, Peacock may no longer be a destination for consumers when the content can be viewed on other platforms. They also discuss the announced price increases for Peacock, ranging from $1-$3 per month, on the heels of Comcast announcing during its Q2 earnings that Peacock turned its first-ever quarterly profit since the service launched six years ago. They also discuss the news that YES Network and MSG Networks will be shutting down its Gotham Sports app, announcing a deal with DAZN that will make DAZN the exclusive home for their content. They cover the latest in the messy RSN market, dicuss consumer fragmentation and report that DAZN has secured games from the Timberwolves and Pacers, while Victory+ has lost teams from its service after failing to pay them money owed for the content.They cover how Disney+ is starting to become a sports service, having signed a multi-year partnership with Formula E, along with the sports content they already have with the World Cup, LALIGA, NBA and UEFA in other countries. The discussion also includes Disney's CEO saying they are "looking forward to launching" a free version of their service and what it might look like.Finally, they detail the latest news from FOX, NFL, Prime Video, Telemundo, ESPN and Versant.Podcast produced by Security Halt Media

This week, we cover the Q2 earnings numbers you need to know from WBD, Roku, Paramount Skydance, Fubo and EchoStar, including net profit and subscribers. We discuss the latest bundling and content deals from Disney, Netflix, Philo, Apple TV, and Google TV. We also detail the technical issues NFL+ experienced during week one of preseason games, the layoffs at Scripps and VideoAmp, and Dolby's acquisition of 250 patents that are at the heart of the technology that contributed to VVC.Podcast produced by Security Halt Media

This week, discuss the news that eligible YouTube Premium subscribers in the U.S. will gain access to ad-supported Peacock Premium in 2027 at no additional charge and debate if this means NBCU will become a content arms dealer. We detail the plan for NFL Ticket to come back to DIRECTV for businesses through a new licensing deal, and DAZN plans to acquire EverPass Media.We also highlight the YES Network and MSG Networks news that will make DAZN the exclusive home for their content, replacing the Gotham Sports App, which will be shut down. We touch on the latest news from HBO Max, Roku, Disney, SiriusXM, Prime Video, and Rogers Communications. Finally, we cover all the Q2 earnings numbers you need to know from Amazon, Microsoft, Apple, Meta and AMC Global Media. Podcast produced by Security Halt Media

This week, I detail Comcast's Q2 earnings, which, for the first time in six years, showed Peacock had a positive quarter, with $189 million in EBITDA. This positive news was offset by the loss of 280,000 cable TV subscribers and 167,000 broadband residential customers, with total company revenue down 1.2% YoY.I discuss the news that Roku is raising the MSRP of its streaming sticks and boxes from $10-$50, depending on the model, noting that the largest portion of Roku's overall device unit volume comes from the sale of third-party Roku-made TVs by OEM partners, not Roku boxes.Finally, I detail the final FIFA World Cup viewership numbers from YouTube, Cazé TV, TikTok, Fox/FOX One, and Telemundo/Peacock, highlighting the different measurement methodologies used, and mention Telemundo becoming the exclusive U.S. Spanish-language rights holder for the next UEFA men's club competitions.Podcast produced by Security Halt Media

This week, I discuss Netflix's earnings, the new numbers it disclosed regarding live streaming, confirmation that engagement didn't decline, double-digit revenue growth in all regions, and the largest share buybacks in company history. I explain that while some suggest that Netflix's business is "broken" or "collapsing," none of it is based on facts or supported by any actual numbers. (Nielsen's don't count)I also cover Fandango's push to become a FAST platform, with its owner, Versant, having acquired rights to air Bundesliga games in the U.S., some of which stream on Fandango. I also talk about the company's goal of having what they say will be a better FAST experience, with lower ad loads and its claims that it has a unique advantage in bringing audiences in through recent theatrical releases.Finally, I cover why I don't think a streamer will secure U.S. rights to the 2030 FIFA World Cup, since the largest viewing audience will require a combination of linear TV and streaming.Podcast produced by Security Halt Media

This week, I discuss Comcast's plans to split its media and technology businesses, spinning off NBCUniversal and Sky into a separate publicly traded company. I questioned why it didn't happen sooner, since for years we've seen from its balance sheet and stock price that combining its content and distribution pipelines hasn't added value. Also related to Comcast, I cover the news that ITV has agreed to sell its Media and Entertainment division, covering the ITV channels, the ITVX streaming platform, and the advertising business that funds them, to Comcast-owned Sky for up to £1.6 billion. I discuss Meta's plans to launch a cloud business to sell AI computing power and why it makes sense, when Meta is spending so much on capex without a clear path to directly monetize it. I also use the example of Meta taking a page from Google's playbook, which successfully diversified revenue beyond just advertising by growing their cloud services over many years. Other Meta news covered is that the company took a patent license covering AV1 and VP9 from the Access Advance VDP Pool. Finally, I cover the latest news from Netflix, which will add video content from new publishers, ranging from 3 to 20 minutes in length, and why this is not a sign that Netflix is trying to be YouTube.Podcast produced by Security Halt Media

This month, Eric Black and Dan Rayburn discuss World Cup viewership, breaking down the numbers between linear and streaming and the problems posed by the lack of a standard measurement. They also cover World Cup latency, including on airplanes, and ask whether viewers would pay more for Dolby Vision HDR, Atmos surround sound, and lower latency. Or, similar to customers gravitating to ad-supported subs for a lower cost, would they do the same for less interactivity? They also cover other live streams, including the Tour de France, WNBA, Wimbledon and MLB and debate how these leagues can elevate their visibility during competing top-tier events. They also discussed the price increase for Apple TV, now priced at $199, making it unlikely to grow in the market, since less than 5% of live streams already go to Apple TV hardware. Finally, they covered the news that Fubo CEO and co-founder David Gandler is leaving the company and why the upcoming UFC Conor McGregor fight on Paramount+ might see the largest viewership on the platform, outside of NFL games.Podcast produced by Security Halt Media

This week, we discuss the launch of TF1 Groupe programs and live TV channels on Netflix in France, the first such deal for Netflix. We detail the available content and explain why we think TF1 dramas, reality shows, news and sports could help limit churn among existing Netflix subscribers. We also cover viewership numbers for Paramount's UFC Freedom 250 event at The White House, review the latest World Cup viewership stats, and discuss Snap's plans to spin off an internal team that was working on AI-powered generative video into a separate company. Finally, we cover news from Meta that AV1 is now enabled on the majority of mobile devices in Meta Real-Time Communication (RTC) applications, Apple raising the price of the Apple TV to $199, and debunk some of the latest rumors of the announced Fox and Roku deal.Podcast produced by Security Halt Media