In announcing its Q1 2025 figures, Roku also revealed it has entered into an agreement to acquire Frndly TV, a US subscription streaming service that offers live TV, on-demand content and cloud-based DVR. Based in Denver, Colorado, Frndly TV was founded in 2019. It offers subscribers access to more than 50 popular live TV channels, […]
Dolby announced its Q2 results on May 1st and delivering lower guidance for the year revised to $1.31 billion (€1.16) to $1.38 billion due to macroeconomic uncertainties, down from the prior $1.33 billion to $1.39 billion range. On the more positive side Dolby CEO Kevin Yeaman told analysts that recent automotive partnerships had expanded significantly. […]
SiriusXM shed around 303,000 self-pay subscribers in Q1 2025 on lower overall subscriber and advertising revenue. The US satellite audio giant ended the first quarter with 33 million total subscribers. In September 2024, the company completed its spin-off from controlling stockholder Liberty Media. Overall revenue fell 5 per cent to $2.06 billion (€1.82bn) down from […]
The latest Advertising Association/WARC Expenditure Report shows that the UK’s ad market recorded a 10.4 per cent increase in investment to a total of £42.6 billion (€50.09bn) in 2024. The latest dataset shows online formats, when combined, grew 13.2 per cent last year with £4 in every £5 of ad budgets now spent online. New […]
Giant screen specialist IMAX enjoyed its highest-grossing Q1 ever at the global box office with $298 million (€262.5m) on the strength of a record-breaking Chinese New Year holiday, which delivered triple the company’s previous best with $182 million. The movie Ne Zha 2 has earned more than $164 million on IMAX screnes, the company’s highest-grossing […]
]LG’s Display division says it has completed the sale of its last remaining LCD factory. China’s consumer electronic giant TCL Technology Group was the buyer. The sale marks the end of LCD TV panel manufacturing for the South Korean company. LG Display’s final LCD TV panel factory in Guangzhou, China, was sold to TCL CSOT […]
According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments increased 1.5 per cent year-over-year (YoY) to 304.9 million units in the first quarter of 2025. The smartphone market performed in line with IDC forecasts, as manufacturers ramped up production in anticipation of the expected announcement by […]
Netflix has told staff it is targeting a trillion-dollar valuation by the end of the decade. On the way it is aiming to double revenues by 2030. Shares climbed following the reports in the WSJ – citing attendees of an annual business review meeting – but would have to climb about 150 per cent from […]
US President Donald Trump has said he will be announcing the tariff rate on imported semiconductors over the next week – adding that there would be flexibility with some companies in the sector. This seems to be a row back after he removed extra tariffs on smartphones and tablets. “We wanted to uncomplicate it from […]
The Trump tariffs on imports have boosted the cable channels who cover those markets. CNBC and Fox Business Network both saw their ratings jump significantly in the days after the announcement on April 2nd, which US President Donald Trump dubbed ‘Liberation Day’. CNBC averaged 293,000 viewers during market hours, up 36 per cent. Fox Business […]