We’re in the thick of 1Q23 financial presentations, and it has been a quarter of pivoting for players across the industry. DISH is recovering from the impact of a lengthy cyberattack that left the company reeling and customers disappointed. Paramount revealed it’s reducing its dividend to five cents—an 80% reduction as the macro environment is pushing the company to inject more flexibility into its balance sheet. Warner Bros. Discovery is also staying agile, adjusting its strategy around advertising-supported streaming. While WBD entered the FAST world in January through a pair of content deals with Roku and Tubi, the struggling ad market is making the company rethink its plans to launch its own FAST platform.