WWE (World Wrestling Entertainment) has announced its Q2 financial results. For the quarter, the company reported Net income of $5.1 million (€4.35m) compared to Net Income of $0.8 million in the prior year quarter. Operating income increased to $10.7 million from $1.5 million. WWE Network, the company’s SVoD service, averaged more than 1.63 million average […]
Twitter did not add any new users in the second quarter. The social media service reported earnings claiming 328 million total users — the same number it reported after Q1. Analysts had been hoping the company added around 4 million new users. Twitter did however beat revenue expectations, bringing in revenue of $574 million. Twitter’s […]
Publishers worldwide are increasing their production of social video by 65 per cent, as audience engagement and monetisation opportunities on Facebook grow, reveals the Wochit Q2 Social Video Performance Index. The quarterly report is based on more than 5,000 videos, created using the Wochit platform and posted to over 300 Facebook pages by 100-plus publishers […]
France Médias Monde has announced a partnership with Wochit, the cloud-based video creation platform, as part of its expanding digital strategy. The partnership will better enable France Médias Monde to rapidly create short-form social video that is optimised for distribution across platforms and screens in order to grow and engage audiences. “Video, and more specifically, […]
Digi-Capital has been saying for the last couple of years that Augmented/Virtual Reality is the fourth wave of consumer technology, and that AR could become much bigger than VR. But AR itself is not one giant wave, it’s a set of four big ones: mobile AR software, mobile AR hardware, tethered smartglasses and standalone smartglasses. […]
NBC News is trying to connect with young viewers by creating a twice-daily news show exclusively for Snapchat. Stay Tuned will appear in Snapchat’s “Discover” section in the morning and evening each weekday, and once on Saturdays and Sundays. The general news show will be about two and a half minutes in length. Snap and […]
Twitter is in talks to stream the US PGA Championship after Sky lost its exclusive broadcast for the golf tournament, according to a report in the FT. It comes as the social media service looks to grow its user base through live sports. Recently Twitter has partnered with the All England Lawn Tennis Club to […]
Communications technology and services specialist Ericsson is to become connectivity partner for Stamford Bridge – Chelsea Football Club’s home stadium in Fulham, London. The agreement is for an initial two years which after which it will be reviewed. Around that time, Chelsea are set to move to another temporary stadium venue while Stamford Bridge is […]
Facebook users are now able to share live video on Facebook from Facebook Spaces to give the people they care about a window into their VR world. “Facebook Live is already one of the most immediate and interactive ways to share moments with friends,” says Mike Booth, Head of Product Management, Facebook Spaces. “By going […]
Equity analysts at investment bank Exane/BNP-Paribas, in a major 80-page report on the state of Europe’s commercial broadcasting industry, say that commercial TV is under extreme pressure from digital and social media operators. “The TV market is behaving abnormally,” says the bank. The bank’s study is blunt: “We show that Facebook’s and Google’s expansion is […]