Topic: subscription revenue
Netflix CEO Reed Hastings is eyeing more steady growth for his company’s total streaming revenue in 2018.
CBS All Access is on pace toward its subscriber growth target, but a majority of those subscribers are opting for the less expensive tier.
Tegna is reporting total fourth-quarter revenues of about $490 million, down 10.3% year-over-year amid a sharp decline in political ad revenue.
CBS reported fourth-quarter revenues of $3.9 billion, which were up 11% thanks to growth in content licensing, distribution, affiliate and subscription fee revenues.
Time Warner’s Q4 revenues rose 9% amid strong performance from Turner and HBO Now, the latter of which reportedly reached 5 million total subscribers.
Netflix added nearly 2 million more U.S. subscribers and 6.36 million international subscribers in the fourth quarter.
Viacom’s fiscal fourth-quarter revenues rose 3% to $3.32 billion overall despite flat domestic advertising and lower affiliate revenues.
CBS’ entertainment and local media revenues fell under the weight of lower content licensing and distribution revenues and slower ad revenue growth.
Discovery Communications today reported third-quarter earnings which highlighted revenues totaling $1.65 billion, up 6% year over year.
Scripps Networks Interactive saw its third-quarter net income fall 15.2% to $124.1 million and its consolidated income fall 9.4%.