Earnings
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Endeavor’s UFC Gives It a Fighting Chance on Wall Street
The Ari Emanuel-led entertainment conglomerate narrowly misses analyst forecasts for revenue as it reports a loss of $225.7 million in the fourth quarter
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Cinemark Reports $99 Million Loss Despite ‘Avatar 2’ Box Office Success
A lack of strong Thanksgiving releases and the Christmas deep freeze contributed to a 10% drop in fourth-quarter revenue and a loss larger than Wall Street forecasts
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Warner Bros. Discovery Chief Bullish Despite Big Q4 Loss: ’We Have a Great Hand’
The entertainment giant reported a loss per share of 86 cents on revenue of $11 billion, with DTC subscribers climbing to 96 million
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Dish Network Loses 268,000 Subscribers Across Satellite and Sling TV Streaming in Q4
The declines came despite a sharp profit jump for the last three months of 2022
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Warner Bros. Discovery Faces Mountain of Debt on ‘Road to Profitability’
As the media giant prepares to report fourth-quarter earnings, CEO David Zaslav has to prove he can cut costs and squeeze more money out of every show
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Roku Shares Jump 8% After Q4 Results Show Strong Subscriber Growth
The streaming device maker offered an upbeat forecast for the current quarter; analysts responded with upgrades, price target hikes
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Paramount+ Subscribers Near 56 Million But Stock Slips 4% on Mixed Q4 Results
The media conglomerate reported adjusted earnings of 8 cents per share on revenue of $8.13 billion
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Advertising Lifts Roku’s Q4 Results as Total Active Accounts Grow to 70 Million
The streaming device manufacturer reported a net loss of $237.2 million, or $1.70 per share, on revenue of $867.1 million, beating Wall Street expectations
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News Corp. Stock Falls 8% Amid Layoffs and Lackluster Earnings
The publisher of the Wall Street Journal and HarperCollins said it plans to cut 5% of its workforce
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Starz, Content Library Boost Lionsgate’s Third Quarter Revenue to $1 Billion
The Santa Monica mini-major reported results well above Wall Street expectations, with CEO Jon Feltheimer citing “encouraging signs” across its business
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Disney Shares Jump 4% as Wall Street Cheers Cost Cutting Plans
Disney CEO Bob Iger told investors the company would remove $5.5 billion in costs, eliminate 7,000 jobs
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Disney+ Loses 2.4 Million Subscribers but Beats Expectations as Ad Plan Joins Lineup
The streaming service reported 161.8 million subscribers in the first quarter, above analysts’ forecasts of 157 million
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‘Black Panther 2’ Helps Walt Disney Beat Wall Street Expectations
The media giant posted earnings per share of $0.70 on revenue of $23.5 billion for its first quarter of 2023
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Fox Sets Sights on Merger Opps After Axing News Corp Combination
“We do expect that M&A will be a more important part of our toolkit as we deploy capital, but we have nothing on the table in front of us today,” Fox CEO Lachlan Murdoch told analysts
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Fox Corporation Ad Revenue Climbs 4% on FIFA World Cup, Midterm Elections
The media giant reported adjusted EPS of 48 cents on revenue of $4.61 billion, in line with Wall Street expectations
