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…
Spotify delivered strong user and revenue growth in Q1 2025, with Premium subscribers rising 12% and MAUs hitting 678 million—both ahead of expectations. Operating income more than doubled to €509 million, but surprise employee-related charges tied to its rising stock…
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…
Peacock added 5 million subscribers in Q1 2025, reaching 41 million total, largely thanks to its new bundle with Charter’s Spectrum TV. The move jumpstarted growth after two stagnant quarters and helped cut quarterly losses to $215 million from $639…
Lionsgate and STARZ have finalized their long-awaited corporate separation, with both companies set to trade independently starting in May. The move is designed to unlock shareholder value by eliminating the “conglomerate discount” and positioning each brand as a more attractive…
Kirby argues that Canela Media’s launch of Club Canela—a rewards-based engagement program—is more than a clever product tweak; it’s a wake-up call for the entire streaming industry. As platforms struggle with churn and diminishing viewer loyalty, Club Canela showcases a…
NESN has partnered with ViewLift to power a summer relaunch of NESN 360, enhancing its DTC platform with better streaming infrastructure and fan engagement tools. This move follows a strong performance across digital and linear platforms, with a 204% YoY…
Warner Bros. Discovery has introduced a paid sharing option on Max, allowing subscribers to add one out-of-household member for $7.99/month. The move mirrors Netflix's paid sharing strategy and reflects the broader shift in streaming toward revenue generation over growth.
