AMC Networks sees streaming lift, but ad woes weigh on Q2 earnings
AMC Networks saw streaming gains during Q2, but ongoing advertising woes coupled with a continued downturn in the pay TV industry weighed on its earnings.
AMC Networks saw streaming gains during Q2, but ongoing advertising woes coupled with a continued downturn in the pay TV industry weighed on its earnings.
The local television broadcaster posted a net loss of $69 million, compared with net income of $9 million in Q2 2024.
The sports-heavy streaming service narrowed its loss to $8.0 million during the three-month period that ended in June.
Gray Media will acquire nearly a dozen local television stations from Allen Media Group, the companies announced on Friday.
Six months after a rare financial stumble, advertising technology firm the Trade Desk appears to be turning things around.
Attorneys for Fox News Media have asked a federal judge to toss a frivilous lawsuit brought by California’s governor over unsubstantiated claims of news distortion.
Scripps reported a Q2 2025 net loss of $51.7 million as total revenue fell nearly 6 percent on account of lower core and political advertising revenue.
Lionsgate posted a $94 million loss attributed to shareholders in its first quarter since splitting from premium multiplex network Starz.
Skydance has officially completed its merger with Paramount, bringing to a close a year-long, turbulent process that was met with several politically-influenced delays.
Altice USA reported a smaller broadband subscriber decline in the second quarter (Q2) of 2025, a sign of stabilization in its core connectivity business.
Overall revenue at WBD was $9.81 billion during Q2, up 1 percent compared to last year.
Overall revenue clocked in at $675 million for the three-month period that ended June 30, down 5 percent compared to last year.