Lionsgate reported mixed fiscal Q2 2025 results, with total revenue of $948.6 million but declining profits across segments, largely due to increased costs and Starz subscriber losses. The company lost 1.2 million Starz customers as streaming and linear subscriptions dropped.
Xperi reported Q3 revenues of $132.9 million, with notable growth in its pay-TV segment, reaching $81.67 million. The company nears 1 million TiVo-powered smart TVs, mostly in Europe, and anticipates reaching 2 million by year-end, when units are expected to…
Penn Entertainment’s Q3 revenue met expectations at $1.64 billion, with strong growth in its ESPN Bet segment, which saw a 24.6% revenue increase to $244.6 million. However, losses in the segment nearly doubled to $90.9 million, emphasizing the importance of…
Vice Media has appointed Matt Moore as group Chief Financial Officer, bringing extensive media finance experience from roles at Product Madness, ITV, Virgin Media, and BSkyB. Moore joins during Vice’s restructuring under Fortress Investment Group following its 2022 bankruptcy and…
Banijay Group reported a 3.5% decline in its entertainment and live revenue to €688.9M ($743.6M) in Q3 2024, with production revenues dropping 9.2% and distribution sales down 8.4%. However, live experience revenues surged by 127.5%. Despite declines in content sales…
AppLovin’s shares surged 45% after reporting Q3 earnings and revenue that beat expectations, driven by its AI-powered ad engine AXON. The company reported a 39% revenue increase to $1.2 billion, surpassing estimates, and 300% growth in net income to $434.4…
TKO, parent of UFC and WWE, posted $681.2 million in Q3 revenue, boosted by content licensing and event income. While UFC saw a revenue dip from fewer events, WWE’s media rights gains offset this, supporting TKO’s reaffirmed high-end 2024 revenue…
The Wrap report reveals that major streaming companies like Netflix, Disney, and Paramount are expected to reach a record $126 billion in content investment this year, according to Ampere Analysis. This surge is largely directed towards streaming, with $40 billion…
French and Dutch authorities have raided Netflix’s offices in Paris and Amsterdam over alleged tax fraud and concealed employment. The probe focuses on Netflix's past tax practices, with European regulators increasingly scrutinizing streaming giants' tax contributions. Netflix now faces growing…
Fubo’s Q3 2024 report shows 21% revenue growth in North America to $377 million, with a 9% rise in subscribers and a 2.5% increase in ARPU. Its new Channels business aims to boost profitability through 5-20% revenue shares and reduce…
