Earnings
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Disney Throws Hollywood a Lifeline as Streaming Subscribers Rise to 138 Million
The entertainment giant reports second-quarter revenue increase helped by Disney+ subscription growth
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Can Disney Restore Wall Street’s Faith in Hollywood (and Streaming) After a Dismal Earnings Cycle?
The entertainment giant reports after the closing bell Wednesday as streaming, theme parks and the stock price come into focus
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Business
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Tom Brady to Join Fox Sports as Lead Analyst – After He Finally Retires
Fox Corp. CEO Lachlan Murdoch announced the hire on Tuesday’s Q3 earnings call
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Fox Posts Q3 Revenue Gain on Strong Advertising, But Profit Misses Wall Street Projections
The television giant reported revenue rose 7% to $3.46 billion during the quarter. Fox News powered a 20% growth in cable ad sales.
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‘Better Call Saul’ Final Season Premiere Episode Drives Record Subscribers for AMC+
The series is generating the most new customers to the streaming service in its history, according to interim CEO Matt Blank
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AMC Networks Ends Q1 With 9.5 Million Streaming Subscribers
The company’s advertising revenue grew 1%, according to its first-quarter earnings report Thursday
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New ‘Jackass’ Spinoff Series in the Works for Paramount+
Paramount CEO Bob Bakish during the Q1 earnings call announced the series following the success of “Jackass Forever”
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Amazon Stock Drops 11% After Posting $3.8 Billion Loss in Q1
Amazon revenue was up 7% but slowed growth and high costs resulted in a net loss
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Roku Exceeds Q1 Revenue Expectations Despite Only 1.1 Million New Subscribers
Investors cheered on the results with shares rising in after-hours trading by 4.2%
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Peacock Adds 4 Million Paid Subscribers in Q1, Reaches 13 Million
Comcast CEO Brian Roberts said the service had 28 million active accounts in total
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Warner Bros. Discovery Chief David Zaslav Vows Not to Overspend to Compete in Streaming Wars
The CEO of the nation’s third-largest entertainment player said he plans to avoid the pressure of meeting the spending of rival streamers
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Discovery+ Reports 24 Million Subscribers in Q1 Ahead of WarnerMedia Merger
The 2 million subscriber gain comes with 13% increase in revenues, to nearly $3.2 million
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Netflix Stock Nosedives 24% After Streamer Reports Loss of 200,000 Subscribers in Q1
It’s the company’s first dip in subscribers in a decade
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Business
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Amazon’s Andy Jassy Receives $212 Million Pay Package in First Year as CEO
The big payday was largely due to a stock grant tied to his promotion to chief executive in July
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BuzzFeed’s Top 3 Editors Resign as Layoffs Loom: Read Editor-in-Chief’s Letter to Staff
Mark Schoofs and two other top editors are leaving the media company as it reports first earnings as public company
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Media
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