Earnings
-
YouTube Ad Revenue Rises 13.8% to $10.5 Billion in Q4
Spending tied to the U.S. election contributed to the largest quarter in its history
-
Fox Q2 Profit, Revenue Surge on Strong Political Advertising, Sports and Tubi
The media giant also reveals plans to launch a streaming service by the end of 2025
Pro Available to WrapPRO members
WrapPRO -
Spectrum Parent Charter Communications Warns of Subscriber, Financial Impacts From LA Wildfires
The pay TV giant says the impact from the devastation will be included in its first quarter results for 2025
-
Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%
The media conglomerate beat Wall Street expectations, but shares fell over 12% after shedding a worse-than-expected 139,000 domestic broadband customers
Pro Available to WrapPRO members
WrapPRO -
Netflix Stock Soars to New All-Time High as Wall Street Celebrates Blockbuster Q4 Earnings Report
The streamer hit a 52-week high of $999 per share during Wednesday’s trading session after adding a record-breaking 18.9 million subscribers and hiking prices on some of its plans
-
Netflix Tops 300 Million Subscribers Globally, Adds Record-Breaking 19 Million in Q4
The streamer saw revenue surge 16% year over year to $10.25 billion
Pro Available to WrapPRO members
Business -
Disney Takes Top Position in Race to Make Streaming Work | Earnings Analysis
Other competitors also made progress in earnings quarter but are not closing the gap as fast to offset dying cable TV
Pro Available to WrapPRO members
Business -
Disney Swings to Streaming Profit of $321 Million in Q4, $134 Million for 2024
The company touted one of its best quarters for its film studio, but results were weighed down by its entertainment linear networks and lower profits in sports and Experiences
Pro Available to WrapPRO members
WrapPRO -
Spotify’s Q3 Profit Quadruples as Streamer Tops 250 Million Subscribers
The music streaming giant boosted subscribers by 12%, or 6 million, to hit 252 million during the quarter.
Pro Available to WrapPRO members
Media -
EchoStar Sheds 43,000 Pay TV Subscribers, Adds 145,000 Sling TV Subscriptions in Q3
The Dish parent has entered into an agreement to sell the satellite TV giant to rival DirecTV in a deal for $1 and $9.75 billion in debt
Pro Available to WrapPRO members
WrapPRO -
Sony Raises 2024 Sales Outlook As Gaming Boosts Q2 Revenue to $19 Billion
The company posted a 69% increase in net income and 3% boost in revenue for its second quarter of 2024, weighed down by lower results at Sony Pictures Entertainment
Pro Available to WrapPRO members
WrapPRO -
AMC Networks’ Profit Drops 35% Due to Challenging Ad Market and Decrease in Affiliate Business
Streaming subscribers grew 5% in the third quarter of 2024 and now total 11.8 million
Pro Available to WrapPRO members
WrapPRO -
Paramount Posts Q3 Streaming Profit of $49 Million and Adds 3.5 Million Subs, but Film and TV Revenue Fall
The media giant’s overall results were weighed down by a 71% decrease in theatrical revenue and 6% drop in TV Media revenue
Pro Available to WrapPRO members
WrapPRO -
News Corp. Profits More Than Double to $144 Million Behind Strong Q1 Subscription Growth
The Murdoch-led media company reported 5.9 million Dow Jones subscribers, up 11%
Pro Available to WrapPRO members
Media -
Lionsgate Suffers $163 Million Q3 Loss, CEO Gets Candid on Flops: ‘Nearly Everything That Could Go Wrong Did Go Wrong’
Motion picture division’s segment profit collapsed 96% to $2.6 million after “Borderlands” flopped in theaters
Pro Available to WrapPRO members
WrapPRO