Topic: subscription revenue
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%.
ESPN may not be done with layoffs for 2017, as reports now indicate the sports network is planning to cut another 40 to 60 jobs before the end of the year.
Time Warner's Q3 revenues rose 6% to $7.6 billion thanks to surprise box-office hits, TV successes like “Rick and Morty,” and rising sub revenues.
After signing a major program licensing renewal with Disney last week, Altice USA is reportedly raising prices of pay-TV services.
Disney is making some significant changes in its media strategy in the near future, but it could be some time before those new initiatives result in positive revenue impacts.
As AT&T uses “uneconomic promotional measures” to slow subscriber erosion at DirecTV, Dish Network is the rival operator hurt most, a new report says.
The Walt Disney Company’s fiscal third-quarter revenues fell slightly to $5.9 billion, but operating income plummeted 22% to $1.8 billion.