Meta, Facebook’s Parent Company, Reports Slowest Revenue Growth Since IPO
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AP Meta, the social giant formerly known as Facebook, beat Wall Street estimates for earnings in the first quarter of 2022 — but fell...
AMC Theatres and Warner Bros. Agree to Shorten Theatrical Window
In the company's quarterly earnings call, AMC announced it will accept bitcoin payments for tickets and concessions Michael Buckner for...
ViacomCBS Q2 Profit Fueled by Ad Sales, New Streaming Subscribers
AP ViacomCBS said second quarter profit rose as advertisers spent more robustly on its media assets and the company saw new revenue from...
Roku Tops Q2 Financial Expectations, Total Streaming Hours Decline by 1 Billion from Prior Quarter
Courtesy of Roku Roku easily beat Wall Street forecasts for second-quarter 2021 earnings — posting record 81% revenue growth — but the...
Discovery Q2 Income Grows as Advertising Rebounds
David Zaslav (Courtesy of David Buchan/Variety/REX/Shutterstock) Discovery said second-quarter profit increased as advertising rebounded...
Comcast Sees Q2 Profit Rise on Broadband Sales, NBCU Rebound
Brian Roberts (Courtesy of Comcast) Comcast said second-quarter profit rose 25% due to soaring sales of broadband services and a rebound...
Facebook Q2 Revenue Up 56% to $29 Billion and Profit Doubles, Stock Falls on Warning of Slowing Grow
Mark Zuckerberg (Courtesy of AP) In the tech world, the big keep getting bigger. Facebook’s revenue for the second quarter of 2021 jumped...
YouTube Q2 Ad Revenue Hits Record $7 Billion as Alphabet Trounces Estimates
Courtesy of YouTube YouTube accelerated back into high growth for the second quarter of 2021, as ad revenue hit a record $7.0 billion for...
HBO Max and HBO Gain 2.8 Million Subscribers in Q2, AT&T Raises Year-End Target
Courtesy of WarnerMedia AT&T says HBO Max is firing on all cylinders — amid fierce competition in the streaming wars — and the telco...
Netflix Growth Sputters in Q2, Streamer Plans to Launch Video Games for No Extra Charge
Unsplash Netflix, coming off a pandemic-fueled bumper crop of subscribers in 2020, added just 1.5 million customers worldwide for the...
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