Coronavirus Will Sink Media Earnings: Can Streaming Save the Day?

Expect executives to tout performance of new services while the virus wrecks the balance sheet

As media companies prepare for a dour earnings season, streaming figures to be the lone area where anyone can claim a win.

The outlook for the next round of earnings looks gloomy as the full brunt of the pandemic will be shown on the balance sheets. Top media companies Disney, Comcast and AT&T are all expected to see revenues drop from the year-ago quarter, or in Disney’s case, plummet “Tower of Terror”-style.

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Tim Baysinger

Tim Baysinger

TV Reporter • tim.baysinger@thewrap.com • Twitter: @tim_bays

Sean Burch

Sean Burch

Tech reporter • sean.burch@thewrap.com • @seanb44