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Roblox shares slide despite sharing nearly $1bn with creators
Roblox shares were hammered on the US stock markets at the end of last week, despite a set of seemingly positive results for Q4 2024 (October to December). The shares dropped 20 percent initially before recovering some ground, after the platform’s daily active users...
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ITV Studios, BBC Studios and Paramount Global continue FAST channel rollout with deals across the US, UK and Spain
It has been another frantic week in the world of FAST channel launches, with ITV Studios, BBC Studios and Paramount Global all rolling out channels. In the UK, ITV Studios has secured a deal with Virgin Media O2 which will see Hell’s Kitchen and Eggheads FAST channels...
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Digital i data on long-form YouTube viewing a “wake up call” for producers
Consumption of long-form YouTube content is rising rapidly in the US, according to streaming data analysis firm Digital i. New research shows that long-form accounted for 73% of all viewing time on the platform by the end of October 2024. Digital i’s findings indicate...
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Digital-first pioneer Rooster Teeth back from the dead
Rooster Teeth, one of the early pioneers of digital-first content, is back in business – less than a year after it was shut down by parent company Warner Bros Discovery. The brand and some of its original IP has been acquired by one of its original creators Burnie...
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Snapchat reports rising revenues, increased users
Snap Inc, the company behind Snapchat, has unveiled a 16% year on year increase in revenues for the full year ended December 31, 2024. Total revenues for 2024 weighed in at $5.36bn in 2024, compared to $4.6bn for the year before. Net loss for the same period was $698...