Streaming television and media entertainment provider XUMO announced it has partnered with Magnolia Pictures in a two-year distribution deal that it claims will bring a diverse range of signature film titles from its library to the FAST market for the first time.

Gaining a cash line that it will fund its expanding production slate, in particular its growing over-the-top business, production and distribution company Electric Entertainment has closed a $100 million loan credit facility with Bank of America.

After its recent broadening of horizons across North America, FOX Entertainment’s free ad-supported streaming service Tubi is looking to all points south in the continent and is to launch in five further Latin American countries, namely Costa Rica, Ecuador, El Salvador, Guatemala and Panama.

Benefitting from consumer demand for connected TV-led content experiences which has led to increasing requirement for its SaaS technology and free ad-supported streaming TV (FAST) partnerships, Amagi has revealed a revenue growth rate of over 100% at the end of the first quarter of 2022.

2022’s successful summer of sport, both on the field and on the screen, has segued to the Birmingham 2022 Commonwealth Games with the BBC reporting unprecedented viewing for the 11-day event.

The UK TV sector is no exception from being pounding by the effects of inflation and the cost of living crisis and, says research from consumer research platform Attest, the usage of paid content subscription services is declining.