Lionsgate had a strong Q3, slashing its losses by 80% to $21.9 million and beating Wall Street estimates with $970.5 million in revenue. The studio’s library revenue hit a record $954 million, and TV revenue surged 63%, fueled by post-strike…
Skip unpacks Disney’s Q1 2025 earnings, which highlight a shift toward profitability over subscriber growth. Total revenue reached $24.69 billion (up 5%), while operating income surged 30.5% to $2.64 billion. Streaming posted a $293 million operating profit, a major turnaround…
Skip unpacks YouTube’s massive $10.5 billion Q4 ad haul—a 13.8% jump fueled by election-season ad dollars. YouTube continues to dominate ad-supported streaming, but its parent, Alphabet, is making Wall Street nervous with a massive $75 billion AI spending spree. Is…
Spotify reported its first full year of profitability in 2024, with revenue rising 16% year-over-year to €4.2 billion and operating income reaching €477 million. Monthly active users grew 12% to 675 million, while subscribers increased 11% to 263 million.
MSG Sports posted $357.8 million in Q2 FY2025 revenue, up 9% year-over-year, but faces media rights uncertainty due to an Optimum-MSG Networks carriage dispute. Despite strong ticket sales and sponsorships, adjusted operating income fell 45% to $20 million due to…
MSG Networks is seeking to restructure its debt to avoid bankruptcy, with JPMorgan leading talks and Amazon speculated as a potential investor. The move comes amid an ongoing carriage dispute with Optimum, which has kept the network off-air for many…
Popcornflix is back online after being quietly sold before Chicken Soup for the Soul Entertainment’s bankruptcy. Now owned by a trust linked to investor David Nagelberg and supported by Future Today, the service has returned while Crackle and Redbox remain…
Comcast reported strong Q4 2024 earnings, with $31.9 billion in revenue, but its stock dropped nearly 13% due to broadband subscriber losses. Peacock saw revenue rise 28% year-over-year to $1.3 billion and significantly reduced its losses, while NBCU Studios posted…
SiriusXM reported Q4 2024 earnings that exceeded Wall Street expectations, but its full-year revenue declined 3% to $8.7 billion due to lower subscriber fee income. The company added 149,000 self-pay subscribers in Q4 but ended the year with 296,000 fewer…
Apple reported its best-ever quarter in Q4 2024, with revenue reaching $124.3 billion, up 4% year over year, and earnings per share rising 10% to $2.40. Services revenue, including Apple TV+, Apple Music, and iCloud, grew to $26.3 billion from…
