The Dan Rayburn Podcast Dan Rayburn

This week, we breakdown all the P&L numbers from the Q1 earnings across OTT platforms and streaming vendors. We highlight that while Disney+ and Hulu had an operating income profit of $47M, the rest of Disney's business didn't fare well, with linear TV operating income slumping 22% and linear network revenue across Disney’s portfolio fell 8% (excluding ESPN). We discuss why simply cutting costs isn't enough and that Wall Street wants to see growth, which is why Disney's stock was down 10% after earnings. 

We detail Vimeo's Q1 earnings but, more importantly, debate what the future holds for the company. While Vimeo expects an operating loss of only about $3 million for full year 2024, their projected revenue guidance means revenue would be down 8% to 4% year over year. We review all the infrastructure numbers from Fastly, Cloudflare and AWS, with Fastly breaking out revenue for the first time based on three services and lowering full year guidance, sending their stock down 27%. We also detail how AWS's growth rate puts it on a $100 billion annual revenue run rate. Also interesting to note was Amazon's CEO saying that AI will drive "tens of billions of dollars" of revenue in the next several years.

Finally, we quickly recap news from Paramount, Roku, Altice, Crunchyroll, Fubo and Netskrt.
Podcast produced by Security Halt Media

Fubo’s Co-Founder and CEO, David Gandler, sits down for an in-depth discussion about their lawsuit filed against Disney, FOX, and WBD, its Q1 earnings numbers, industry challenges around content licensing pricing and bundling and Fubo’s goal to get to profitability in 2025. 

David defines antitrust, why Fubo believes the JV is anticompetitive and how the suit's outcome could impact the entire industry. We also highlight why so many carriage disputes are happening, leading to a fragmentation of sports content and an unfriendly fan experience. We discuss the pricing and bundling of vMVPD services, including how Fubo picks RSNs to work with and why pricing for OTT services never goes down.

Finally, David recaps Fubo’s most recent earnings, including its subscriber growth numbers, lower net loss, the recent reduction of its debt, and Fubo's operating plan as they work towards profitability.
Podcast produced by Security Halt Media

This week, we recap all the Q1 subscriber and P&L numbers you need to know across Peacock, Paramount+ and Roku, breaking down profitability, losses, subscriber additions, ARPU and free cash flow. We cover the latest cord cutting numbers from Verizon, Comcast and Charter, who lost 938,000 pay TV subs in the quarter combined. We also discuss some recent numbers from WBD about their expansion of Max in LATAM, Prime Video getting the National Monday Night NHL Games in Canada, and the latest RSN and sports news.
Podcast produced by Security Halt Media

This week, we did a mini-review of the NAB Show Streaming Summit and some topics we heard discussed around the difficulty in scaling streaming services for low latency and QoE. We also cover Netflix’s Q1 earnings and excellent user growth, adding 9.3 million subs, which was tempered by the news that they will stop reporting quarterly membership numbers and ARM a year from now. We highlight the latest rumors about Paramount Global, with it being reported that Sony Pictures Entertainment and Apollo Global are interested in the company, and detail the restrictions and complications on the companies if such a deal were to occur. 
Podcast produced by Security Halt Media

This week, we discuss the latest news around Disney, including their plans to crack down on password sharing in June in a "few" countries and markets, with a "full" rollout in September. We detail how complex ESPN’s DTC offering is becoming, with Disney announcing that its new ESPN streaming service will launch in the fall of 2025 and will be offered as part of the Disney+ bundle, which will give Disney three separate ESPN sports streaming services in the market. We also detail sports news from Formula One’s US-based owner, Liberty Media, announcing a takeover of MotoGP’s parent company and the "rumor" that Amazon might get the rights to take over the entire NHL Monday night package from Rogers in Canada, including playoffs, for the remaining two years of Rogers’ contract. Finally, we highlight the NBA teaming up with Roku to launch its first-ever FAST channel, Diamond Sports Group renewing its distribution deal with Charter Communications, and DAZN announcing an exclusive deal with the PGA TOUR across the Middle East, North Africa and Southeast Asia.
Podcast produced by Security Halt Media

Step up to the plate with us this week as we tackle the complex maze of baseball streaming. We cover the latest baseball streaming news with Fubo adding RSNs, Hulu+ Live TV adding the MLB Network, and discuss the terrible fan experience with some MLB teams requiring fans to access five different networks to stream games. We also highlight other sports news, including Peacock's exclusive streaming deal for the NFL’s first-ever regular-season game in Brazil and Amazon's sublicensing deal with Viaplay to broadcast 38 live Premier League games a season in Sweden and Denmark. We break down the launch of Hulu on Disney+ in the U.S. for Disney bundled subscribers, and why we think the report that YouTube TV will reach profitability in 2024 isn't accurate. Finally, we debunk the ridiculous report suggesting that because Bitmovin's live encoder is now deployed on Akamai, it "raises M&A eyebrows" for them to be acquired.   
Podcast produced by Security Halt Media