Inside The Stream

The NFL is now part owner of ESPN. Fubo and Hulu+Live have combined. YouTube’s 2025 revenue hit $60 billion, with two-thirds coming from ads. And Peacock’s losses jumped up. [UPDATE: Fubo asked me to correct the net loss numbers I quoted and clarified that ad revenue from Hulu+Live is transferred to Fubo. Here are their numbers: - Reported Net Loss of $19.1 million, compared to $38.6 million - Pro Forma Net Loss of $46.4 million, compared to $130.4 million]

Netflix’s solid 2025 is marred by engagement and WBD questions. The BBC is making YouTube shows, Sony hands its TV business to TCL, and Amazon sets another NFL record.

In the UK, one viewing metric has YouTube edging out the BBC. Meanwhile, global ad tier usage continues to grow, driven by Netflix, and Peacock is losing key Versant programming.

Welcome to 2026. Versant, the Comcast spinoff, has seen its value plummet. TV OEMs are pursuing AI. NFL games set a streaming record in 2025, and Hulu is being sunsetted.

YouTube will stream the Oscars starting in 2029, Google has stumbled with its Movies Anywhere approach, Netflix is partnering for video podcasts, and the WBD saga continues.

Disney has taken the bold and risky step of licensing the use of 200 characters to OpenAI’s Sora. Meanwhile, who’s going to win the raging battle for Warner Bros. Discovery?

Will MS Now’s plan to transform itself from a cable news network into a streaming and community hub work? Amazon has engagement issues. And microdramas are surging.

Canela Media’s global president, Phillipe Guelton, describes how the company is tapping AI for content creation, user experience, and monetization.

Field & Stream and Outdoor America have joined forces to launch Field & Stream TV, a new FAST offering. Company executives join us to explain their strategy.

Fubo posted its Q3 results and integration plans with Disney, Netflix introduced a new ad metric called Monthly Active Viewers and Gracenote’s data reveals streaming’s value.