Earnings
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Cinemark Lost $209 Million in Q1, Announces New Deals With 5 Major Studios
We’re still in a pandemic — especially movie theaters
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ViacomCBS Q1 Advertising Revenue Jumps 21% With Super Bowl LV, NCAA Tournament
Former CBS All Access was rebranded as Paramount+ on March 4
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Twitter Hits 199 Million Users, Reports ‘Solid’ Q1 Revenue
Wall Street wasn’t as impressed, with Twitter’s stock price dropping 9% in after-hours trading
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Comcast Earnings: Universal Box Office Revenue Falls 88% in First Quarter of 2021
Still, Comcast beat Wall Street’s predictions for both earnings and revenue in Q1
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Netflix Falls Short of Q1 Subscriber Goals, Blames Pandemic and ‘Lighter Content Slate’
Streaming giant’s stock drops 10% in after-hours trading
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AMC Networks Tops 6 Million Streaming Subs, U.S. Ad Sales Drop 6% in Final 2020 Quarter
Still, the Josh Sapan-led company beat Wall Street’s earnings and revenue estimates
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Fox Ad Revenue Jumps 14% in 2020 Election Quarter
Local stations enjoyed record political advertising as Fox News Channel got a ratings boost
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NY Times Ad Revenue Fell 26% Last Year While Subscriptions Topped 7.5 Million
Overall revenue was mostly flat with drop in ad sales offset by subscriber growth
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Electronic Arts Stock Slides 10% After Weak Q2 Earnings
The company’s net income shrunk from $854 million last year to $185 million
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ViacomCBS US Subscription Streaming Revenue Soars 78% in Q3
Mary Trump and Bob Woodward books boost Simon & Schuster
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‘NBA 2K21’ Assists Take-Two Interactive With Slam Dunk Second Quarter Earnings
The “Grand Theft Auto” publisher projects above-expectations revenue
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Roku Trounces Wall Street’s Revenue Estimates With Unexpected Q3 Profit
Streaming device company added nearly 3 million new accounts, bringing Roku to 46 million overall
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NY Times Hits 7 Million Subscribers, Led by Digital-Only Readers
Advertising revenue is down, as it has been through the year, but is offset by digital-only subscriptions
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How ‘Pick Up and Play’ Games Pay Off for Game Developer Zynga
Zynga’s Social Slots game, a mobile adaptation of casino slots with chat features, was the highest-earning game in the quarter
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Fox News’ Pre-Election Ad Surge Boosts Parent Company’s Cable Revenues
Quarterly income grows by more than $1 billion thanks in large part to Disney selling off former Fox RSNs