☀️PARAMOUNT writing off up to $1.5 Bil in Content, sets P+ price increases
ROKU tops projections, but has biggest $$ loss ever / ESPN sets YANKEES docuseries / AMC NETWORKS picks another Dolan to lead
Mornin! This is Sean McNulty (connect with me on LinkedIn here if ya like), and here’s the Hollywood + Media news to know on THURSDAY February 16, 2023.
Where my apologies to my Canadian readers eh? Uh and the others who politely let me know I confused my O’s and A’s in OTTAWA yesterday. Adding to my mental file next to Timotheé - oddly enough that’s the first time I’ve written about OTTAWA 🤔. And I’m blaming the SONY PICTURES Marketing department for putting too much Otto in my head in 2023.
ALSO: #SeacrestOut! He’s leaving Live with Kelly & Ryan this Spring, and it will now be just the married couple - Live with Kelly & Mark (Consuelos) will debut in the new syndicated season later this year. It’s the number one show in daytime talk. This caps a 6 year run for Ryan, who initially signed on for 3 years, and re-upped for 3 more after that.
AND: A Rest in Peace goes out to Raquel Welch, who died at age 82.
IN TODAY’S EDITION:
A #MediaNerd🤓 twofer:
Inside the PARAMOUNT Q4 numbers and Q1 projections, from PAR+ Revenue to PLUTO going off the books in 2023, price increases, the year in PARAMOUNT PICTURES profitability and more.
Inside the ROKU Q4 numbers - ARPU updates, International / US business numbers, the quarterly record $$ losses, what’s ahead for 2023 and more.
ESPN sets a big YANKEES docuseries.
AMC NETWORKS sets another Dolan as CEO ahead of the earnings call.
Big new Trailer day! Some really good new ones from MGM, APPLE TV+, John Wick and more.