Tag: advertising revenue

YouTube contributed $55 billion to the U.S. GDP and supported 490,000 full-time equivalent jobs in 2024, according to its latest Impact Report with Oxford Economics. This marks a significant year-over-year increase and underscores the platform’s expanding economic influence, driven by…

Fubo reported a mixed Q1, with subscriber losses offset by a $220M legal settlement from its antitrust suit against the defunct Venu Sports JV. Revenue came in above expectations at $416.3M, but advertising dropped 17% due to a carriage dispute…

Amazon beat Q1 2025 expectations with $155.7 billion in revenue and $1.59 EPS, but shares fell 4.6% in after-hours trading as investors focused on soft AWS growth, cautious guidance, and looming tariffs. AWS posted $29.3 billion in revenue with record…

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…

SiriusXM is laying off 160 employees, about 3% of its workforce, as it refocuses on digital streaming and in-car technology amid growing competition from on-demand audio platforms. The company has struggled with slowing revenue growth, a declining self-pay subscriber base,…

E. W. Scripps Company reported $2.5 billion in revenue for 2024, reflecting nearly 9% growth. The company delayed its Q4 and full-year earnings report to finalize a refinancing deal covering 70% of its debt, including a $1.3 billion restructuring and…

Warner Bros. Discovery’s streaming unit posted a $409 million quarterly profit, a sharp turnaround from last year, while total subscribers hit 116.9 million—including HBO cable users. Meanwhile, linear networks saw a 5% revenue drop, with ad revenue plunging 17%. Despite…

Paramount Global’s Q4 earnings highlight streaming growth but ongoing losses. Paramount+ added 5.6 million subscribers, reaching 77.5 million, while streaming revenue hit $7.6 billion. However, cable TV—still 65% of revenue—is rapidly declining, dragging profits down. Theatrical hits Gladiator 2 and…

SiriusXM reported Q4 2024 earnings that exceeded Wall Street expectations, but its full-year revenue declined 3% to $8.7 billion due to lower subscriber fee income. The company added 149,000 self-pay subscribers in Q4 but ended the year with 296,000 fewer…

TikTok generated $8 billion in U.S. ad revenue in 2024 and $63.3 billion globally, nearly doubling YouTube’s $33.3 billion. Omdia’s María Rua Aguete revealed TikTok’s dominance alongside YouTube among U.S. users aged 18-35, with 92% of TikTok users also engaging…