Endeavor Swings to Q1 Profit on Endeavor Content Sale, Big Gains for Events and Representation
Michael Buckner/PMC Endeavor swung wide to a profit in Q1, fueled by the sale of Endeavor Content and big year-over-year gains for its...
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ITV Quarterly Revenues Soar 18% to $1 Billion
ITV U.K. broadcaster ITV’s quarterly external revenues have soared 18% to £834 million ($1.03 billion), up from £709 million ($872...
AMC Networks Ends Q1 With 9.5 Million Streaming Subscribers
Parisa Taghizadeh/BBCA AMC Networks ended its first quarter of 2022 with 9.5 million streaming subscribers. The new figure, revealed...
Paramount+, Showtime Top 62 Million Combined Subscribers
Halo (Courtesy of Adrienn Szabo/Paramount+) Paramount+ and Showtime topped a combined 62 million subscribers at the end of the first...
A Year After IPO, Endeavor Defies Doubters, but Pressure for Profit Will Only Grow (Column)
Pictured: Patrick Whitesell and Ari Emanuel, center, and other Endeavor and WME leaders ringing the opening bell of the New York Stock...
Apple Services Revenue Climbs 17% to $19.8 Billion as iPhone Growth Slows, Still Hits All Time High
Tech giant beats Wall Street expectations, touts more than 825 million paying subscribers for March quarter Tim Cook arrives at the...
Peacock Hits 28 Million Monthly Active U.S. Accounts, 13 Million Paid Subscribers
Bel-Air (Courtesy of Tyler Golden/Peacock) Peacock ended the first quarter of the year with 28 million monthly active accounts and 13...
With Elon Musk’s Takeover Looming, Twitter Tops Q1 Estimates for User Growth and Income
John Nacion/STAR MAX/IPx Twitter, which this week accepted a deal to go private in a $44 billion sale to Elon Musk, reported income a...
Comcast Sees Q1 Profit Rise Due to Olympics, Super Bowl and Broadband
Brian Roberts (Courtesy of Comcast) Comcast said first-quarter profit rose due to NBCUniversal’s telecasts of both Super Bowl LVI and the...
Meta, Facebook’s Parent Company, Reports Slowest Revenue Growth Since IPO
AP Meta, the social giant formerly known as Facebook, beat Wall Street estimates for earnings in the first quarter of 2022 — but fell...
Spotify Zooms to 422 Million Users in Q1 Amid Rogan Controversy and Loss of Russian Subscribers
AP Spotify topped guidance for total monthly listeners in the first quarter of 2022, despite the loss of 1.5 million paid subscribers in...
Netflix Will Face Hurdles in Courting Advertisers, But Biz Abuzz About Streamer’s New Model
Netflix has held Madison Avenue at arm’s length for years. Now, the popular streamer wants to draw the advertising industry in a tighter...
Disney Plus Tops Expectations, Reaches 116 Million Subscribers
Hulu swings to its first profit in the most recent quarter on advertising, subscription revenue growth Tom Hiddleston and Sophia Di...
Cineworld Cuts First Half Operating Loss $209 Million, Bullish on Release Windows, Mulls US Listing
Courtesy of Manori Ravindran Regal Cinemas owner Cineworld has recorded an operating loss of $209 million in its interim financial...
AMC Theatres and Warner Bros. Agree to Shorten Theatrical Window
In the company's quarterly earnings call, AMC announced it will accept bitcoin payments for tickets and concessions Michael Buckner for...
ViacomCBS Q2 Profit Fueled by Ad Sales, New Streaming Subscribers
AP ViacomCBS said second quarter profit rose as advertisers spent more robustly on its media assets and the company saw new revenue from...
Roku Tops Q2 Financial Expectations, Total Streaming Hours Decline by 1 Billion from Prior Quarter
Courtesy of Roku Roku easily beat Wall Street forecasts for second-quarter 2021 earnings — posting record 81% revenue growth — but the...
Discovery Q2 Income Grows as Advertising Rebounds
David Zaslav (Courtesy of David Buchan/Variety/REX/Shutterstock) Discovery said second-quarter profit increased as advertising rebounded...
Peacock Reaches 54 Million Sign-Ups, Set to Begin International Rollout on Sky Platform
(Pictured: “Dr. Death”) NBCUniversal’s Peacock streamer will begin its international rollout this year as a free addition on Sky’s...
Comcast Sees Q2 Profit Rise on Broadband Sales, NBCU Rebound
Brian Roberts (Courtesy of Comcast) Comcast said second-quarter profit rose 25% due to soaring sales of broadband services and a rebound...
