Images have emerged of the long-awaited follow up to the Google Chromecast dongle device. Unlike the Chromecast that was designed to be plugged in out of site behind a television, it will be in the form of a set-top box and will be called the Google TV Streamer. Of course, the idea of set-top box is now historic, but this will be a table-top box, like many others, but with a more organic slanted pill shape.
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Netflix added over 8 million subscribers in the second quarter of 2024, beating expectations, taking its global total to 277.65 million, up by nearly 40 million in a year. While other online competitors are jostling for position in what many expect will become a bundle of services, Netflix seems to believe that it stands alone with the strength of its offering, but its advertising business remains nascent.
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Over 40% of total television viewing in the United States in June was to online video services. It was the highest share of television usage by online services seen so far. YouTube accounted for nearly 10% of viewing, its highest share ever, ahead of Netflix and well ahead of other online video subscription services.
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UKTV, part of BBC Studios, has rebranded its online video service as “U” and renamed its free-to-view channels as U&Dave, U&W, U&Drama, and U&Yesterday. It places the emphasis on you the viewer, but the viewer may not think of themselves as you.
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There are over 12,000 audiovisual media services available in Europe. Around three-quarters of these are linear television channels. Four out of ten of those are local or regional television channels and a third are available on digital terrestrial television.
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Skydance Media and Paramount Global have signed a definitive agreement that they say will advance Paramount as a world-class media and technology enterprise. It aims to build on the hundred-year legacy of the Paramount movie studio and the CBS television business that includes brands like MTV and Nickelodeon. The Ellison family and RedBird Capital Partners will invest $8 billion to gain 70% ownership of the new company that will have an enterprise value of around $28 billion.
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