Tag: streaming profit

Paramount Global reported its second consecutive quarterly profit in streaming, driven by a $49 million gain and 3.5 million new subscribers for Paramount+. Overall revenue fell 6% due to declines in the TV and film segments, with linear TV profits…

Warner Bros. Discovery reported $289 million in streaming profits for Q3 2024, thanks to Max’s record 7.2 million subscriber gain, bringing its DTC count to 110.5 million. However, industry watchers note that not all of these subscribers are direct-to-consumer, raising…

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…

Disney and Pixar's "Inside Out 2" introduces new Emotions in Riley's mind and releases on June 14, 2024. Disney's streaming services posted a $47 million quarterly profit, a significant turnaround from a $512 million loss last year. Box office hits…