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Todd Spangler

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Roku Q3 revenue jumps 24% as M&E ad spend hits 4-year high

Roku Q3 revenue jumps 24% as M&E ad spend hits 4-year high

Variety’s Todd Spangler reports that Roku posted Q3 revenue of $1.50 billion, up 24%, with net income of $183 million, more than seven times the year-prior quarter.

Streaming

Newsom seeks $1B-plus California film and TV tax credit

Variety’s Todd Spangler reports that Gavin Newsom is proposing to expand California’s film and TV tax credit from $750 million to at least $1 billion, adding above-the-line coverage and extending the program through 2040.

Nov 2
Measurement

Fox News ratings fall 27% in October as rivals gain ground

Variety’s Todd Spangler reports Fox News averaged 1.1 million total viewers in October, down 27% year over year, its lowest total-day month since December 2023, while MS NOW rose 16% and CNN rose 3%.

Nov 2
Streaming

Amazon: Prime Video now profitable, generates ‘tens of billions’ annually

Variety’s Todd Spangler reports that Amazon CEO Andy Jassy told analysts Prime Video is now profitable “in its own right,” with a revenue run rate in the tens of billions.

Nov 2
Creators

Instagram tests 90-minute videos, lands on Apple TV — still no ad-rev share

Variety’s Todd Spangler reports that Instagram is testing video lengths of up to 90 minutes and expanding to Apple TV, positioning itself as a bigger YouTube rival.

Oct 27
Streaming

Netflix makes monetization a top priority as viewing time slides

The Verge’s Emma Roth reports that Netflix’s Q3 2026 shareholder letter names monetization improvement as a top priority, alongside entertainment value and new technology.

Oct 21
Streaming

Skydance’s market cap falls under half what WBD and Paramount were worth combined

Variety’s Todd Spangler reports that Skydance Corp.‘s market capitalization has dropped below forty billion dollars, down from the seventy-seven point seven billion dollars and eleven billion dollars that Warner Bros. Discovery and Paramount were valued at just before their merger closed.

Oct 16
Streaming

Top talent agencies back law forcing streamers to spend 50% on indies

Variety’s Todd Spangler reports that CAA, WME and UTA founded the American Entertainment Alliance with producers like Blumhouse and Legendary, pushing legislation requiring streamers to spend half their content budgets on independent productions and reverting licensing rights to producers.

Oct 16
Creators

Erin Andrews, Charissa Thompson move ‘Calm Down’ podcast to The Volume

Variety’s Todd Spangler reports that Erin Andrews and Charissa Thompson are moving their “Calm Down” podcast to Colin Cowherd’s The Volume for ad sales, production and distribution.

Oct 8
Streaming

Disney licenses Ice Age, Percy Jackson, Will Trent to Netflix

Variety’s Todd Spangler reports that Disney Entertainment has struck a new licensing deal sending library and current titles to Netflix, including all five “Ice Age” films, “Percy Jackson and the Olympians,” “Will Trent,” “Felicity” and several Disney and Pixar films.

Oct 5
Streaming

Ellison clears final hurdle as Paramount-Warner Bros. deal set to close

Variety’s Todd Spangler reports the $111 billion Paramount-Warner Bros. Discovery merger, renamed Skydance Corp., closes Oct. 6 after a judge approved a settlement with state attorneys general, ending a year-long pursuit by David Ellison.

Oct 4
Creators

Fixated buys Studio71, forms 1,000-plus creator network

Variety’s Todd Spangler reports that Fixated has acquired Studio71’s North American creator business from ProSiebenSat.1, combining talent representation, production, distribution and monetization under one roof to form a network of more than 1,000 creators.

Sep 27
Agencies

RedBird Capital to acquire majority stake in Puck at $250 million valuation

Variety’s Todd Spangler reports RedBird Capital Partners has signed a deal for a majority stake in Puck, valuing the five-year-old media upstart at 250 million dollars, with Standard Investments and TPG exiting and RIT Capital staying on as minority investor.

Sep 25
Streaming

Analysts: merged Paramount-WBD streaming arm could rival Disney, Amazon

Variety’s Todd Spangler reports that Morgan Stanley analysts call the combined HBO Max and Paramount+ a “streaming powerhouse” that could hit over 240 million subscribers by 2030, even as the merged company carries $77.2 billion in net debt at close.

Sep 23
Streaming

Netflix, Amazon, YouTube form D.C. lobbying group over streaming sports costs

Variety’s Todd Spangler reports that Facing bipartisan criticism over the cost and complexity of watching sports on streaming, Netflix, Amazon and YouTube launched the Streaming Access and Choice Alliance, a Washington lobbying group led by trade association TechNet, on Monday.

Sep 15
Streaming

AWS unveils dynamic multiview for up to 10 live feeds per stream

Variety’s Todd Spangler reports that AWS launched MediaPackage Dynamic Multiview, letting streamers deliver up to 10 personalized camera feeds in one channel without per-layout encoding costs.

Sep 14
Streaming

Netflix inks day-and-date deal with YouTube travel star Drew Binsky

Variety’s Todd Spangler reports that Netflix will stream a curated library of Binsky’s travel videos starting September 19, and going forward his new episodes will release day-and-date on Netflix alongside YouTube. Binsky has 7.3 million YouTube subscribers and 22 million followers across platforms.

Sep 3
Streaming

HBO Max to stream weekly filmed episodes of Howard Stern’s show

Variety’s Todd Spangler reports that HBO Max struck a deal with Howard Stern’s production company and SiriusXM to release filmed episodes of “The Howard Stern Show” weekly, starting Sept. 17 worldwide, as his radio show scales back to one broadcast per week.

Sep 1
Creators

Crooked Media revives Nate Silver’s FiveThirtyEight podcast as ‘Still Counting’

Crooked Media acquired “FiveThirtyEight Politics,” the podcast hosted by Nate Silver, Clare Malone and Galen Druke, and relaunches it September 9 as “Still Counting” — a revival of the brand ABC News shut down in March 2025.

Aug 26
Creators

OnlyFans says 5,076 creators have topped $1 million in lifetime earnings

OnlyFans reported 5,076 creators have earned over $1 million to date, part of $30 billion paid out to creators since 2016. The company paid creators $6.3 billion in the year ended November 2025, and creator accounts grew to 5 million.

Aug 25