Microsoft beat Wall Street expectations in Q3 FY2025 with $70.1 billion in revenue and $25.8 billion in net income, driven by 20% growth in Microsoft Cloud revenue. Azure grew 33%, while Office 365 and cloud services also saw strong gains.…
Jeff Blackburn, former Amazon exec and key architect of Prime Video, is returning from retirement to become Chairman and CEO of Tennis Channel. His appointment marks a major strategic shift for Sinclair, which is aiming to transform Tennis Channel into…
NBCUniversal is undergoing another round of layoffs as it spins off a collection of underperforming cable networks—E!, Syfy, Oxygen, and USA—into a new unit tentatively called “SpinCo,” led by Val Boreland. The move, framed as a strategic realignment, includes "a…
Roku continues to lead the U.S. connected TV market, but its limited international presence is becoming a serious strategic risk as Samsung and others scale globally. While Roku dominates programmatic ad transactions and device penetration in the U.S., Samsung is…
Snap reported 900 million monthly and 460 million daily active users in Q1, along with $1.36 billion in revenue, a 14 percent increase from the prior year. The company narrowed its net loss to $140 million, driven by stronger performance…
Legacy media companies are facing high churn not due to a flaw, but because they trained audiences to engage in transactional viewing behavior—binge and cancel. While they rely on big content drops, platforms like YouTube, TikTok, and Netflix succeed by…
Spotify has distributed over 100 million dollars to podcast creators since January through a revamped partner program aimed at boosting video engagement and countering YouTube’s dominance. Meanwhile, Netflix has signaled a deeper move into video podcasts, highlighting the increasing competition…
Banijay is rumored to be in early talks to acquire ITV or its highly profitable Studios division, aiming to expand its already massive unscripted content library. While ITV Studios posted record earnings, the broader ITV business is struggling with the…
Ted Sarandos is positioning Netflix as the new entertainment establishment, aggressively dismantling legacy Hollywood norms. In recent appearances, he called the theatrical window outdated, dismissed Apple TV+ as a billion-dollar marketing play, and criticized Warner Bros. Discovery for abandoning the…
YouTube pulled in $8.93 billion in ad revenue in Q1 2025, marking a 10% YoY jump and helping push Alphabet to its most profitable quarter ever, with $90.23 billion in total revenue and $34.54 billion in net income. YouTube’s ad…
