Earnings
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Roku Beats Wall Street With Narrower Q2 Loss Than Expected
The streamer and hardware maker lost 76 cents per share on revenue of $847 million
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Comcast President Dismisses ESPN Strategic Partnership With Disney: ‘Very Improbable’
“I would put aside the idea that there’s anything inorganic that is likely to happen around ESPN in particular,” Mike Cavanagh told Wall Street analysts Thursday
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Imax Rides ‘Mario’ and Marvel to $98 Million in Q2 Revenue
Hollywood blockbusters and local language hits pushed box office to $268.3 million, up 8% from last year
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Netflix Shares Fall 8% on Mixed Second-Quarter Results
The company reported solid subscriber growth but missed Wall Street expectations for revenue and EPS
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Ted Sarandos Downplays Netflix M&A Reports, But Says Gaining Access to ‘Pools of IP’ Could Be ‘Super Interesting’
“We have traditionally been very strong builders over buyers,” Netflix’s co-CEO says
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Netflix CEO Ted Sarandos Says Double Strike Is ‘Not Outcome That We Wanted’
“We’re super committed to getting to an agreement as soon as possible,” the executive says
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News Corp Stock Jumps 6% on Cost Cutting Efforts Despite Revenue Declines
CEO Robert Thompson describes how the company is already using AI, says the technology “will have a profound impact” on the news business
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Disney Shares Slump 8.5% After Announcing 4 Million Subscriber Loss, Plans to Remove Content
The stock is notching the biggest drop in the Dow Jones Industrial Average amid a broader market decline
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Disney CEO Bob Iger Blasts DeSantis Over Florida Battle: ‘This Is Plainly a Matter of Retaliation’
“We are merely exercising our right to free speech,” the chief executive said during the company’s quarterly earnings call Wednesday
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Disney+ Domestic Revenue Per User Surges 20% as Streaming Division Losses Shrink
The streamer reported a total of 46.3 million subscribers in the U.S. and Canada, with ARPU rising to $7.14
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Disney Beats Wall Street Even as Disney+ Sheds 4 Million Subscribers
‘Avatar 2’ box office, theme parks revenue offset streaming losses
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BuzzFeed’s Q1 Earnings Were as Rough as Promised With $67.2 Million in Revenue
The media company predicted a rocky report back in March, and sure enough, revenue fell 27% year-over-year
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UFC Owner Endeavor Sees Sports Revenue Surge 19% to $353 Million
The company reported first-quarter earnings of 3 cents per share on revenue of $1.597 billion
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CW Addition Lifts NexStar Media to Record Q1 Revenue of $1.26 Billion
The NewsNation parent saw advertising revenue slide 6% absent political, Olympics spending
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Fox Is ‘Well-Positioned’ to Deal With Hollywood Writers’ Strike as CEO Touts Strength in News, Sports
“There will be some scheduling changes with some of the scripted content but it’s not something that will have a significant financial impact on us,” Lachlan Murdoch told investors and analysts Tuesday
