2024 is shaping up to be the year of the streaming bundle
Publishing timestamp: 2023-12-26 08:33:06
Summary
The article discusses the challenges faced by pay TV and streaming services in 2023, including cord-cutting, subscriber declines, and slumping ad revenue. It highlights the potential for bundling as a way for both streamers and cable providers to navigate these challenges and stabilize their businesses. The article mentions recent deals and potential mergers that could lead to more bundling in the future. It also discusses the potential benefits of bundling, such as increased subscriber growth and higher average revenue per user.
Sentiment: MIXED
Tickers: CHTR, PARA, DIS, WBD,
Keywords: walt disney co, streaming services, business news, business, breaking news: business, charter communications inc, warner bros discovery inc, television, paramount global, entertainment, media,
Source: https://www.cnbc.com/2023/12/26/2024-year-of-streaming-bundle.html