Earnings
-
Growth at Dow Jones Drives News Corp. to Narrowly Beat Wall Street Q1 Estimates With $2.5 Billion in Revenue
The media company, which owns The Wall Street Journal, reported net income of $58 million, a 12% drop from the previous year
-
Bob Iger Admits ‘Challenged’ Linear Ad Market but ‘Bullish’ on Overall Outlook: ‘Not as Bad as Some People Think It Is’
The comments stand in contrast to Warner Bros. Discovery’s gloomier outlook earlier Wednesday
-
Disney’s Bob Iger Says Creative Slump in Film Slate Due to Emphasis on Quantity: ‘We Lost Some Focus’
“I’m mindful of the fact that our performance, from a quality perspective, wasn’t really up to the standards that we set for ourselves,” Iger says
-
Disney+ Hits 112.6 Million Core Subscribers, Adding Nearly 7 Million in Q4
The entertainment giant reported adjusted earnings of 82 cents per share on revenue of $21.24 billion
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Warner Bros. Discovery Stock Tumbles Over 18% on Ad Market Uncertainty
“The timing of an ad recovery is currently difficult for any of us to predict with any conviction,” chief financial officer Gunnar Wiedenfels told analysts Wednesday
Available to WrapPRO members
Business
Available to WrapPRO members
-
New York Times Surpasses 10 Million Subscribers, Sees Revenue Rise 9.3% in Q3
The media company beat Wall Street estimates reporting revenue of $598.3 million
-
Endeavor Beats Q3 Revenue Estimates as Net Losses Widen
The Ari Emanuel-led holding company reported a net loss of 25 cents per diluted share on revenue of $1.34 billion
-
Dish Network Sheds 64,000 Pay TV Subscribers in Q3
Shares fell as much as 8.7% in pre-market trading Monday after the satellite TV giant reported a diluted loss of 26 cents per share on revenue of $3.7 billion
-
Paramount Global Shares Jump 10% on Strong Q3 Results
The company told investors it is moving toward a profitable streaming business as subscribers reach 63 million
-
Cinemark Sees the Future in Nontraditional Films Like Taylor Swift’s ‘Eras Tour’
CEO Sean Gamble says the success of movies like “Sound of Freedom” accounted for nearly 14% of Cinemark’s Q3 domestic box office
-
‘Barbenheimer’ Lifts Cinemark to $875 Million in Q3 Revenue
The movie chain beats projections as revenue rises 35% year over year thanks to Greta Gerwig and Christopher Nolan’s big hits
-
Apple Beats Wall Street Expectations in Q4 With $89.5 Billion in Revenue Due to iPhone Sales and All-Time High Services Revenue
Diluted earnings were reported to be $1.46 per share, a 13% increase year over year
-
Paramount Finds Its Footing in Q3 Earnings as Stock Finally Lifts, a Bit
Streaming grew by 2.7 million subscribers, and revenue rose 38%
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Strong Q3, Solid Outlook Push Roku Shares Up 21%
The results got mixed reviews from analysts, but traders sent the stock soaring
-
Roku Shares Surge 17% on Q3 Revenue Beat, Upbeat Q4 Guidance
The streamer and hardware maker’s revenue grew 20% year over year to $912 million
Available to WrapPRO members
WrapPRO
Available to WrapPRO members