Latest news with #mediadeal
Yahoo
11-08-2025
- Business
- Yahoo
Why sports dominate the media industry & what's next in 2026
Paramount (PARA) stock is in focus after the company announced a $7.7 billion deal with TKO Group (TKO) to secure UFC streaming rights. PwC Global entertainment and media leader Bart Spiegel sits down with Yahoo Finance Senior Reporter Allie Canal to discuss why live sports have been a huge focus for media companies. He also discusses what's next in entertainment, including video games and potential deals in the making. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend. About a year ago after Netflix announced they were be going to be rolling out NFL games on Christmas day, I spoke with the NFL and they told me they don't want to just be on cable or just on streaming, they want to be everywhere. And it feels like that power then is firmly with these leagues. Yeah, the leagues have a lot of power at this time. They're content creators, right? And so anyone that owns content, owns IP, we always say content is king, right? And it's no different with these leagues that are creating this content and putting out there and striking really creative deals as well, um, to ensure that their property, their IP continues to be popular in perpetuity. That's a great way to think about it, right? They, that is their IP. If we look beyond sports, what's the next content category or experience that you think will create that sticky moment for consumers? Yeah, so it's interesting. 2026 should be a really big year for video games. We really believe that, um, you've got the e-sports Olympics in 2026, you have the, you know, a really prominent title expected to be released in 2026. And you know, video games just just helps the whole sector in general, right? They come up with original IP that is then marketed for, you know, TV and movies that you see being played out. You also see video games, um, utilizing a lot of their technology and infrastructure to help in in in film, special effects, TV, etc. So we see a really big year for video games in 2026 and our forecasts show that. We also see, don't sleep on live experiences either. Because I think live experiences are extremely important. Um, you'd have, you know, that's where a lot of money that's going for the 18 to 25 really sought after demographic, that's where they're spending their time and energy because it plays into the whole social media platform as well as well because now they can go do these live experiences and post it to social media for their friends, their followers, etc. And that's really attractive to them and really compelling to them. So I think live experiences are going to continue to be extremely popular. We have it, you know, the spend on live experiences still exceeds the spend on digital experiences and we expect it to continue. And to that point, live nation earnings, they've been crushing and a big part of that is people are going and traveling to see a lot of concerts. So that's a great point. When we look ahead to MNA, it was a bit stagnant in the entertainment space. We saw a bit of activity. We finally got that Paramount Skydance deal going through. What are you watching for when it comes to upcoming deals? Do you expect the end of this year and into 2026 to be a lot more active than what we've seen? I definitely do. There have been a lot of announced spins, separations, things like that. And I think when you look at the OTT streaming environment, it's really kind of happened in a bunch of different chapters. With the first chapter really being focused on, okay, we have, let's just throw money at content, throw money, get to get people and subscribers onto the platform. Then the second chapter was really, let's take a step back, focus on ROI, focus on really making sure that we've got a profitable business. And now I think you're going to look at chapter three, which is what you're seeing happening right now, real time, some of the things that you mentioned, which is, okay, what are some creative partnerships, joint ventures, MNA, where there's going to be some level of consolidation in the in the ecosystem? Because we've done studies ourselves where the average consumer doesn't want to pay for 10 subscription services. They want three to five subscription services. And so, you know, this allows them to consolidate, you know, take advantage of economies of scale, and that's what I think we're going to see in the next year. But then going out from there, I think then it's all about what other things can you bring to your platform? Video games, social media, user generated content, and that again will just apply just continue to apply that stickiness factor where people are willing to pay more and and limit the churn that you have on your on your platform. Related Videos Tech stocks dip, Fed cut bets, ethereum gaining: Market takeaways 2 reasons this strategist has a 'glass half-full' view on stocks Fannie Mae, Freddie Mac possible IPO: What it means for investors Why there's a 'disconnect' between the Fed & markets right now Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
11-08-2025
- Business
- Reuters
Paramount inks $7.7 billion streaming deal with UFC
Skydance-owned Paramount will become the exclusive U.S. home of Ultimate Fighting Championship under a seven-year streaming deal valued at about $7.7 billion, the first major strategic move by the newly merged media giant under new CEO David Ellison. Lisa Bernhard has more.
The Sun
25-07-2025
- Entertainment
- The Sun
Prince Harry will be a bald 50-year-old has-been – a bit-part ex-royal with NO money, expert says
AS Prince Harry and Meghan Markle lose their $100 million Netflix deal, royal experts say the future looks dire for the couple's prospects. Since departing from the royal family, the pair have had countless media contracts together and separately to share their life in California. 4 4 4 But Netflix insiders say none of the projects have performed well and future shows will let the five-year, $100million deal they inked with Meghan and Harry for 'With Love, Meghan, and a host of other shows quietly lapse when it is due for renewal in September. It was once seen as a secure form of income for the Duke and Duchess of Sussex, but now experts say it's a sign that their time is running out. Speaking on The Sun's Royal Exclusive show, Robert Jobson said Prince Harry's popularity is dwindling as the public focus their attention on the younger royals, Prince William 's children, George, Charlotte and Louis. He said: "I think the show's moving on. When we're talking about when we were in New Zealand all those years ago, he was a big noise then. "The vibe was all positive about him. The vibe isn't positive about him now." Footage showed Prince Harry scold Rhiannon back in 2019 while he visited a health clinic in a remote village in Malawi as part of the Sussexes' African tour. As he walked past her, she asked 'oh, why is it so important for you to come here?' "And he looked at me and said 'oh, well just go and ask those people over there'. And I probably inside thought, hang on a minute, I'm not gonna leave this one," she revealed. "I said, well, is that why it's so important for you to come here? And then he turned around and just said, 'Rhiannon, don't behave like that'. 4 Harry & Meghan peace talks motive EXPOSED - they'll beg for handouts now Netflix deal's scrapped "And then got in his car and drove off. I felt like I'd looked like an idiot. "He looked really patronising. Nobody came out of it looking good." Robert added that the couple were trying to monetise on their celebrity status as they know other royals will soon take the limelight. "They're 40 year olds. They're not young royals," the royal expert explained. "They're different now. The vibe is different. The whole mood and shift will now go on to George, Charlotte, and Louis. And they will become really, frankly, bit part players. "Now they won't like that. And that's probably what this is all about, making sure they've got a presence, a brand to monetise, because pretty soon they're going to be really so far removed from the main game, they're not going to be able to get as much money out of being royals." The Times' royal correspondent Valentine Low wrote the book Courtiers: The Hidden Power Behind The Crown, and revealed Prince Harry feared he was becoming irrelevant. An insider told the author: "He had this thing that he had a shelf life. He was fixated [on] this. He would compare himself with his uncle [Prince Andrew]. 'He would say, 'I have this time to make this impact. Because I can,' until Prince George turned 18. Speaking on The Sun's royal show, Robert agreed, adding: "You know, he'll be a bald 50-year-old prince. Someone formerly known as Prince, that's what he will be." Once popular with the younger generation, Prince Harry will lose his spot to the future king, Prince George. "They'll be thinking, who is this guy? They won't even know who he is," Robert added. The Lifestyle and cookery show With Love, Meghan only ranked at number 383 in Netflix's six-monthly engagement report this year, with just 5.3million viewers across the globe. While Prince Harry's docuseries Polo, attracted a disastrous 500,000 views globally in the first six months of release. And it is not the Sussexes' first media deal that has gone south. Their reported $20million podcasting deal with Spotify was terminated in June 2023, with senior Spotify executive Bill Simmons labelling the duo 'f***ing grifters'. How Meghan and Harry are investing their Netflix millions HARRY and Meghan have begun investing their Netflix millions in a property portfolio. They have bought a new home in Portugal, around the corner from Harry's cousin Princess Eugenie and her husband. But the Sussexes, who have been spending an increasing amount of time apart, do not plan to live in their new pad, The Sun understands. It is not known if the property will be rented out, used for Airbnb-style holiday lets or used purely to park money. But it is seen as the first step of putting earnings from their TV and book deals into a global property empire. 'They're being smart with their money,' a source said. They pocketed £75million from streaming giant Netflix where they laid into fellow royals in a six-part series. Meanwhile Harry, who got a £15million advance for his autobiography Spare, also inherited £8million from the late Queen Mother after turning 40 in September. Palace insiders have been concerned about what will happen when the Sussexes run out of cash. They have huge overheads, forking out a fortune on security in the US and for when Harry visits the UK. And they are still paying a mortgage on the £11million Montecito mansion they bought after quitting as working royals in 2020. Insiders say the Portugal home will be part of a financial portfolio which will include more real estate.
