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Peak TV Broke Records in 2022. That Won’t Happen Again
New VIP+ Analysis: Inside the trends that drove TV and streaming output to a new record high in 2022 and what to expect in the year ahead.
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When it comes to streaming, it seems Netflix is Wall Street's canary in a coal mine, so, good for all media companies with streamers.Wow. Netflix beat sub numbers and hit revenue but missed on earnings. Now Hastings is stepping down as CEO.
Despite this, stock as well as $DIS up after hours.
Good news for Iger?
Took them long enough.Showtime is shutting down as a separate operating unit and being absorbed into Paramount+. The linear networks will now be known as "Paramount+ with Showtime" and the standalone Showtime app will be discontinued and absorbed into the Paramount+ app.
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Showtime Shocker: Linear Network Rebrands As Paramount+ With Showtime; Move Comes Amid Streaming Integration, Cancellations & Potential Layoffs
Paramount Global is rebranding its Showtime premium cable network as "Paramount+ with Showtime" amid wide-ranging changes.deadline.com
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