Tag: advertising revenue

YouTube reported surpassing 1 billion daily viewing hours in 2024, showcasing its dominance in the global streaming landscape. Its universal appeal contrasts sharply with traditional media and SVOD platforms, which face fragmented regional dynamics, as highlighted in The Streaming Wars’…

Fox Corp CFO Steven Tomsic announced Tubi’s projected $1 billion revenue this year, up from $150 million at its $440 million acquisition. Despite a $240 million loss last year, Tomsic highlighted Tubi’s 1.8% household TV market share, surpassing Peacock and…

AMC Networks added 200,000 streaming subscribers in Q3 2024, reaching 11.8 million, while streaming revenue grew by 7% to $152 million. However, U.S. advertising revenue declined by 10%, offset slightly by international growth. The company is prioritizing digital-first advertising strategies…

Vizio reported revenue growth for Q3 2024, driven by increases in platform income from advertising and partnerships. Total revenue rose 4% year-over-year to $445 million, with Platform+ revenue up by 26% to $197 million, largely due to a 31% jump…

Tubi is on track to become a $1 billion revenue generator for Fox Corp this fiscal year, thanks to a 19% sales increase in Q1 driven by targeted political advertising during the U.S. election season. The platform’s advanced geo-targeting capabilities…

Gracenote and Amagi have partnered to streamline and accelerate FAST content monetization. The collab integrates Gracenote’s metadata enrichment services with Amagi’s cloud-based SaaS tech, helping content owners manage and distribute their programming more efficiently.

Vizio is expanding its free ad-supported streaming TV (FAST) service, WatchFree+, beyond its smart TV ecosystem to mobile devices via the Vizio app on iOS and Android. This marks the first time non-Vizio TV owners can access the service, and…

Paramount's Q2 2024 earnings report revealed a 2.8 million subscriber loss for Paramount+, attributed to the planned exit from a South Korean bundle deal. Despite this, the company reported strong financial performance with a 16% increase in advertising revenue and…

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…

NBC's broadcast of the 2024 Summer Olympic Games in Paris drew over 31 million viewers across its network, cable channels, and Peacock, marking a 77% increase compared to the delayed 2020 Tokyo Olympics. High interest in U.S. men's gymnastics, beach…