Tag: advertising decline

TelevisaUnivision returned to profitability in Q1 2025 with $11.7 million in net income, despite a 10% revenue drop driven by steep advertising declines in both the U.S. and Mexico. Streaming platform ViX showed slower growth at just 4% year over…

MediaRadar reports that Disney, Comcast, Lionsgate, and Warner Bros. Discovery collectively spent less than $3.3 million on advertising on Elon Musk’s X from January to September 2024, a dramatic 98% decline from the $170 million spent during the same period…

Warner Bros. Discovery is taking a $9 billion non-cash impairment charge due to declining advertising and sports rights renewals, particularly losing the NBA package to Amazon. Additionally, WBD reported $2.1 billion in pre-tax acquisition-related expenses. Despite these challenges, WBD saw…