AMC Networks has reported its Q2 earnings and revealed that its streaming services lost 500,000 subscribers since March 31st, with subscriber count now at 11 million. Net revenues decreased 8 per cent from the prior year to $679 million (€618.1m), largely driven by lower advertising revenues, domestic affiliate revenues and 25/7 Media production services revenues, […]
FuboTV, the sports-first live TV streaming platform, has announced its Q2 financial results ended June 30th and raised its previously stated full year 2023 guidance for North America. Fubo exceeded North American guidance, achieving $305 million (€277.4m) in revenue, up 41 per cent year-over-year, and 1,167,000 paid subscribers, up 23 per cent year-over-year. The company […]
Apple has announced financial results for its fiscal 2023 third quarter ended July 1st 2023. The Company posted quarterly revenue of $81.8 billion (€74.7m), down 1 per cent year over year, and quarterly earnings per diluted share of $1.26, up 5 per cent year over year. Revenue has declined for multiple quarters for the tech […]
Dolby Labs has reported its Q3 numbers with revenue of $298.4 million (€272.7m). up from $289.6 million on the same period last year. However, cash flow from operations fell to $121.1 million from $172.6 million last year. “We continue to transform the way people enjoy their content,” said Kevin Yeaman, President and CEO, Dolby Labs. […]
Warner Bros Discovery (WBD) has reported financial results for the quarter ended June 30th. David Zaslav, President and Chief Executive Officer of WBD, commented: “The important work we are doing to transform our businesses for the future continues to drive our strong financial performance as demonstrated by meaningful improvements to our balance sheet and our […]
ProSiebenSat.1 Group reports that is has the second quarter of 2023 “in line with expectations“. Against the current challenging macroeconomic environment in the German-speaking region (Germany, Austria, Switzerland), Group revenues in Q2 were 17 per cent below the previous year at €868 million. The TV advertising business in particular continued to be affected by ongoing […]
SES reported a healthy rise of 9.8 per cent in overall revenues at €987 million for the six months to June 30th. SES has rebutted recent rumours of further slippage in the launch schedule of next satellites the important mPOWER fleet. SES says two mPOWER craft (satellites 5 and 6) will launch during Q3 and […]
US pay-radio operator SiriusXM, owned by Liberty Media, generated $2.25 billion (€2.06bn) for the quarter-year which ended on June 30th. This was the same as revenues a year ago. Subscriber numbers were level at 34 million. However, SiriusXM’s Pandora streaming service lost subscribers and fell to 47.4 million, down from 50.5 million a year ago. […]
Space tourism company Virgin Galactic reported its Q2 financials saying that its cash, cash equivalents and marketable securities were $980 million (€897.9m) as of June 30th 2023, a sequential increase of $106 million from the first quarter of 2023. Michael Colglazier, CEO of Virgin Galactic said, “During the quarter, we successfully completed two spaceflights in […]
WWE has reported Q2 revenue of $410.3 million (€375.5m), an increase of 25 per cent and a quarterly record; Operating income was $87.3 million, an increase of 26 per cent; and Adjusted OIBDA was $140.7 million, an increase of 54 per cent and a quarterly record. US viewership for WWE’s weekly flagship shows, SmackDown and […]