Earnings
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AMC Networks CEO on Why ‘Super-Niche’ Horror Streamer Shudder Is ‘Extraordinarily Beneficial Economically’
Josh Sapan explains what is “uniquely attractive” about “targeted” services like Acorn TV, Shudder, Sundance Now and UMC
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AMC Networks’ U.S. Ad Sales Drop 14.6% in Q2 With Delayed ‘Walking Dead’ Finale, ‘World Beyond’ Premiere
Josh Sapan-led company beats on earnings and revenue forecasts for second quarter
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Sony Pictures Reports Profit of $230 Million for Q1
Studio expects COVID-related delays in theatrical releases to impact financial results for two to three years
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Facebook Stock Hits All-Time High After Big Q2 Earnings Report
Social network’s stock pushes into record territory one day after it reported $18.69 billion in Q2 revenue
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YouTube’s Q2 Revenue Hits $3.8 Billion as Google Reports First-Ever Quarterly Sales Drop
The video giant reported a 5.8% increase in revenue during Q2, which stood out in comparison to Google’s overall downturn
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Amazon Q2 Earnings Smash Wall Street Expectations One Day After CEO’s DC Testimony
Bezos calls earnings period “another highly unusual quarter”
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Facebook Hits 2.7 Billion Users, Tops Wall Street’s Q2 Revenue Estimates
The coronavirus pandemic, a prominent ad boycott and lingering antitrust questions did little to curb Facebook’s business during the second quarter
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Imax Reports Revenue Down 92%, $26 Million Loss in Q2
Revenue was $8.9 million for the three months ending June 30, compared with $104.8 million a year ago
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AT&T Says HBO and HBO Max Have 36.3 Million Subscribers Combined
WarnerMedia-owned streaming service launched in May
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Twitter Adds Record 20 Million New Users, Falls Short of Q2 Revenue Projections
User growth surged 34% from the same time last year, sending Twitter’s share price up 7% in premarket trading
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Coronavirus Will Sink Media Earnings: Can Streaming Save the Day?
Expect executives to tout performance of new services while the virus wrecks the balance sheet
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Snap Adds 9 Million Users in Q2, But Stock Tanks 11% in After-Hours Trading
Snapchat parent company easily topped analyst sales estimates, but it wasn’t enough to satiate investors, at least at first blush
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Netflix Adds Another 10.1 Million Subscribers in Q2, Stock Drops 10%
Streaming giant says Chief Content Officer Ted Sarandos will become co-CEO alongside chief Reed Hastings in its letter to shareholders
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Netflix Q2 Earnings Preview: Can the Streaming Giant’s Big Run Continue?
“The COVID-19 crisis is accelerating the shift from traditional content consumption,” like Pay-TV and movie theaters, and towards Netflix, analyst Heath Terry says
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