Episode 88: Disney's CEO Says They Are Behind Netflix in Terms of Tech; Detailing Fubo and Paramount Full Year Earnings, SeaChange Sold for $30M

This week, we detail how SeaChange, which once dominated the cable TV operator market and had over $216 million in revenue, will have its assets acquired for $30 million. We break down the numbers you need to know from Fubo's full-year 2023 earnings, which ended with 1.61M subscribers and reaffirmed their expectation to reach positive cash flow and adjusted EBITDA in 2025. We also detail Paramount's full-year 2023 earnings, which ended with 67.5M subscribers and DTC losses of $1.6B, and forecast profitability for Paramount+ domestically in 2025. Finally, we discuss some of the latest news from Disney, including Bob Iger's remarks about the mistakes they made around the launch of Disney+, such as not having the right tech to reduce customer acquisition and retention costs, and acknowledging that the company is behind Netflix in terms of technical capabilities.Podcast produced by Security Halt Media