Earnings
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MGM Profit Drops in Q2 After Epix Acquisition
Income impacted by $124 million gain from MGM’s Epix last year
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Lionsgate Beats Wall Street Earnings Expectations on Strength of Starz Growth
Starz gained 300,000 subscribers in the first quarter
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Viacom Q3 Tops Wall Street Earnings Forecasts, Misses on Revenue
An increase in domestic film revenue was more than offset by a decline oversees
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Fox Beats Q4 Earnings Expectations as It Prepares for Disney Sale
Shares turned positive in after-hours trading
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Disney Misses Q3 Earnings Expectations; Stock Falls in After-Hours Trading
Shares fell more than 2 percent in after-hours trading
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Discovery’s Q2 Profits Shrink on Pricey Scripps Acquisition
Net income dropped more than 40 percent year-over-year
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CBS Q2 Earnings Beat Expectations Amid CEO Les Moonves Sexual Harassment Investigation
Moonves is expected to address the accusations against him during CBS’s quarterly conference call
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AMC Networks Stock Slumps After Q2 Earnings Miss Forecasts
CEO Josh Sapan touts success of break out show “Killing Eve”
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Playstation Powers Sony to a Big Quarterly Profit Despite Movie Losses
Sony also grabs Michael Jackson’s cut of EMI for $287.5 million
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Amazon Posts Huge Q2 Earnings, Continues Surge Toward $1 Trillion Market Value
E-commerce king misses on revenue estimates, but stock price still jumps in after-hours trading
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Facebook Stock Plummets 21 Percent After Q2 Growth Slows
Social network’s Q2 daily user growth is the worst in its history, even as company hits record earnings
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Imax Reports Q2 Earnings Above Expectations on Back of Blockbuster Releases
Shares up more than 2 percent at market close
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Facebook’s Stock Tanks 9 Percent on Underwhelming Q2 Revenue
Marks first time in 13 quarters social media giant has missed Wall Street expectations
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AT&T Reports Mixed Q2 Results in First Earnings After Time Warner Acquisition
Company misses revenue targets, but surpasses on earnings-per-share
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Netflix Stock Dives 10 Percent One Day After Underwhelming Q2 Subscriber Growth
However, streaming giant is still up 90 percent since the start of 2018
