Saturday, June 10, 2023

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    Future of TV Briefing: How TV and streaming businesses fared in the first quarter of 2023

    This week’s Future of TV Briefing reviews the state of the TV and streaming business in light of companies’ latest quarterly earnings reports.

    • Earnings recap
    • YouTube’s TV market fit
    • TV, streaming watch time slips some more
    • NBCU’s ad chief and Apple’s top TV exec exit, Netflix’s and Warner Bros. Discovery’s upfront plans and more

    Earnings recap

    The period of correction for traditional TV and streaming video businesses isn’t over. The trend of slowing subscriber growth and ebbing ad revenue from last year continued in the first quarter of 2023, as did companies’ cost-cutting efforts.

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