Disney's fiscal third-quarter earnings surpassed expectations with adjusted earnings per share of $1.39 (vs. $1.19 expected) and revenue of $23.16 billion (vs. $23.07 billion expected). The company's streaming services turned a profit earlier than anticipated, posting $47 million in operating…
Chegg is offering a free Max subscription to U.S. subscribers of Chegg Study ($14.95/month) and Chegg Study Pack ($19.95/month) for the 2024-25 school year. This partnership provides access to HBO content, popular shows like "Friends" and "Rick and Morty," live…
Showtime is expanding its "Dexter" franchise, launching "Dexter: Original Sin" and bringing back Michael C. Hall for "Dexter: Resurrection." This follows fan dissatisfaction with the endings of both the original series and the 2022 revival, "Dexter: New Blood." The strategy…
Fubo reported its Q2 2024 earnings, showing a subscriber base of 1.45 million in North America, a decrease of 61,000 from the previous quarter, and 1.849 million globally. Despite the seasonal decline, subscribers increased 24% year-over-year. Fubo's revenue rose 26%…
Warner Bros. Discovery will shut down its Boomerang subscription streaming service on September 30, moving most of its classic animated content to Max. Boomerang subscribers will receive a partial refund for the unused portion of their subscription. Max will offer…
SiriusXM introduced SiriusXM Free Access, a free ad-supported service for Internet-connected car radios with the 360L platform, offering music, sports, and news channels. Users must engage with the service every 60 days to avoid cancellation. This launch aims to counteract…
Amazon reported Q2 subscription services revenue of $10.86 billion, a 10% increase from the previous year. This includes Prime memberships, digital content, and other non-AWS services. Amazon MGM Studios released 19 movies and TV series, with "Fallout" and "The Boys"…
Roku's shares rose over 6% after reporting better-than-expected Q2 2024 results. The net loss narrowed to $33.95 million, with revenue increasing 14% to $968 million. Streaming households grew to 83.6 million, driving an 11% increase in platform revenue. Roku highlighted…
Snap reported 432 million daily active users in Q2 2024, a 9% year-over-year increase. Revenue rose to $1.24 billion but fell short of expectations, leading to a 22% drop in share value. Net loss decreased to $249 million from $377…
Disney, Fox, and Warner Bros. Discovery have announced Venu Sports, a new live sports streaming service costing $42.99 per month. Launching in fall 2024, Venu will offer a seven-day free trial and feature live sports events from NFL, NBA, MLB,…
