The outcome of ABC's legal battle with the Federal Communications Commission could set a landmark precedent around press freedom and the role businesses play in supporting American democracy.
Why it matters: The FCC's efforts to target broadcasters deemed critical of the president speak to a broader trend of regulatory agencies losing or conceding power to the executive branch during the Trump era.
Planet Earth has roughly 180 currencies. But for a vast share of global transactions, people want to use just one: the United States dollar.
Why it matters: This is a unique source of global power and responsibility. America's role in the world in the decades to come will be determined by its ability to maintain, and wisely steward, this role at the center of the global economy.
2021 marked the first year that weekly releases outnumbered binge drops across major U.S. subscription streaming services, according to data from Parrot Analytics.
Why it matters: Binge watching was critical in ushering broad adoption of subscription streaming. Now, even Netflix recognizes that appointment viewing drives fandom and reduces churn.
Data: eMarketer; Note: The data includes ads that run across live sports TV content, as well as time-shifted content, like DVR recordings of live TV events. Chart: Danielle Alberti/Axios
Sports has emerged as the media industry's clearest growth engine as streaming matures.
Why it matters: Live sports not only attract subscribers but also fuel premium ad dollars and engagement across companies' broader content ecosystems.
Data: Magid; Note: Big 8 general entertainment services include Apple TV, Disney+, HBO Max, Hulu, Netflix, Paramount+, Peacock, Prime Video; Mid-tier general entertainment services include AMC+, Cinemax, Discovery+, MGM+, Starz. Chart: Danielle Alberti/Axios
Niche streaming services — which include apps like Crunchyroll, BritBox, and BET+ — have 60% higher resubscription rates in the U.S. than big general entertainment services like Netflix and Disney+, according to Magid.
Why it matters: These types of services are episodic, event-driven complements to bigger streamers. While their subscribers are the most likely to churn, they are also most likely to resubscribe.
Streaming companies are betting that smaller can be bigger as they invest in shorter videos.
Why it matters: Short-form video is becoming a critical tool for media companies looking to reach younger audiences and attract viewers to their streaming services.