Fox Sports Nick Wright on Bill Belichick and Dak Prescott to NY Giants, Venu Sports Streaming Service Launch

Fox Sports Nick Wright discusses the possibility of Bill Belichick and Dak Prescott going to the New York Giants. Fox Corporation, Disney, and Warner Bros. Discovery joint sports streaming service named Venu Sports set to launch this fall in the US, offering content from major sports leagues. The service will be available via a new app and can be bundled with Disney+, Hulu, or Max.

Warner Bros. Discovery's Battle for NBA Broadcast Rights

Warner Bros. Discovery faces potential loss of NBA broadcast rights, leading to a significant drop in stock price. The company's struggle to compete with streaming platforms like Netflix is highlighted.

Changes in Netflix's Film Strategy

Netflix's new film chief, Dan Lin, plans to shift away from producing lousy, super-expensive blockbusters and 'auteur' movies. The streaming giant aims to focus on developing their own material rather than relying on projects from external producers and agents.

Paramount Global Merger with Skydance Media

Paramount Global, parent company of CBS and MTV, is nearing a deal to merge with independent producer David Ellison's Skydance Media. Redstone, Paramount's controlling shareholder, has tentatively agreed to sell her stake to Skydance. Paramount has faced challenges with declining viewership and costly streaming service development.

Warner Bros. Discovery Q4 Earnings Report

Warner Bros. Discovery missed analyst targets for profit and revenue in Q4 due to slumping advertising. The company's net loss was $400 million, with challenges in the pay TV ecosystem. The company reported a decline in studio revenue and free cash flow guidance for 2024. The flagship streaming service, Max, ended 2023 profitable with 97.7 million global subscribers.