Sony reported an 18% rise in annual net profit to ¥1.14 trillion ($7.32B), driven by its Music and Pictures divisions despite a 24% drop in Q4 revenue. Gaming and consumer electronics saw quarterly declines, while the company beat analyst expectations…
Netflix has officially broken ground on a $1 billion production facility at Fort Monmouth, New Jersey, marking its largest East Coast expansion and a major win for the state’s media ambitions. Fueled by some of the most aggressive tax incentives…
The Hollywood Reporter covers the kickoff of the 2025 Upfronts in New York, where major media companies like NBCUniversal, Disney, and Warner Bros. Discovery are pitching advertisers in a volatile economic environment. With uncertainty around tariffs, inflation, and shifting market…
AMC Networks is continuing to pivot away from its declining cable business by expanding its streaming strategy across three pillars: programming, partnerships, and profitability. Despite a 7% drop in total Q1 revenue to $555 million due to cord-cutting and weaker…
Warner Bros. Discovery is actively preparing to spin off its cable networks, signaling a definitive strategic pivot away from legacy linear assets. The company's structural reorganization, financial disclosures, and executive commentary all point to an impending split, likely timed after…
Paramount booked a $152M Q1 profit and narrowed streaming losses, with Paramount+ subscriptions hitting 79M, but the real story is strategic stabilization ahead of a potential Skydance merger. Streaming growth came from familiar hits, cost-cutting helped improve margins, and Pluto…
Disney just flipped the script on its streaming narrative, clocking $336 million in DTC profits and adding 2.5 million subs across Disney+, Hulu, and ESPN+. Bob Iger dropped a no-nonsense three-pillar strategy—streamlined app experience, tech that (allegedly) works, and smarter,…
Fubo reported a mixed Q1, with subscriber losses offset by a $220M legal settlement from its antitrust suit against the defunct Venu Sports JV. Revenue came in above expectations at $416.3M, but advertising dropped 17% due to a carriage dispute…
Apple reported $95.4 billion in revenue and $1.65 EPS, beating expectations, but Services growth came in below forecasts and faces major uncertainty after a federal court ruling questioned the App Store’s monetization model. Tariff pressures are rising, with $900 million…
Amazon beat Q1 2025 expectations with $155.7 billion in revenue and $1.59 EPS, but shares fell 4.6% in after-hours trading as investors focused on soft AWS growth, cautious guidance, and looming tariffs. AWS posted $29.3 billion in revenue with record…
