Episode 75: ESPN+ and WBD's DTC Turn a Profit; Streaming Vendors Low on Cash; Other Q3 Earnings Data

This week, we examine the Q3 financial results of OTT industry heavyweights Disney, Warner Bros. Discovery, DISH, and Vizio, as well as streaming providers Akamai, Brightcove, Kaltura, Comscore, and Vimeo. We go over some of the most important conclusions, such as Disney+ having 5 million AVOD customers and ESPN+ making $33 million in profit. We go into detail on how WBD paid off an astounding $12 billion in debt this year and anticipates producing at least $5 billion in free cash flow. The company is attempting to position itself as an acquirer, as evidenced by the $111 million in positive EBITDA generated by its DTC sector during the quarter. We conclude with all the P&L data from streaming providers in the industry you should know, including an examination of CDN77's remarkable revenue growth and the potential impact of the current macroeconomic environment on the industry.Podcast produced by Security Halt Media