Paramount Pictures has struck a major slate financing deal with Domain Capital Group, covering at least 30 films, including The Smurfs Movie, The Naked Gun reboot, and The Running Man. The agreement, which could extend to 40 films, expands Domain’s…
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…
