Corporation for Public Broadcasting to shut down amid funding cuts
The Corporation for Public Broadcasting will wind down its operations over the coming weeks after Congress voted to strip more than $1.1 billion in funding from the operation.
Year: 2025
Echostar continues to lose Dish, Sling TV subscribers during Q2
The company saw positive signs in ARPU and churn rates associated with its pay TV business.
Skydance not involved in CBS decision to cancel Colbert’s Late Show, attorney says
An attorney for Skydance Media says the company was not involved in Paramount’s decision to cancel “The Late Show with Stephen Colbert” next year.
DirecTV satellite plans to include access to streaming apps
Services like HBO Max and Peacock will be included in DirecTV’s satellite and streaming TV plans by the end of the year.
Amazon ad revenue helps boost profit during Q2
Amazon’s advertising business was one of many bright spots in the company’s second quarter (Q2) earnings report released on Thursday.
Gray Media promotes Eric Walters to serve as GM of duopoly in Louisiana
Gray Media has appointed Eric Walters as the General Manager of its duopoly in Monroe, Louisiana.
Origin hires Michael Rosen, opens New York City office
Both moves are intended to help Origin scale its operations and better serve its clients and partners.
Paramount posts profitable Q2, streaming business earns $2.2 billion
The company’s direct-to-consumer media apps offset declines in its traditional linear broadcast and cable networks business.
Roku revenue reaches $1.1 billion during Q2, spurred by higher platform income
Roku posted a $10.5 million profit during Q2, fully reversing its financial loss from last year as the company broke even on hardware sales.
SiriusXM revenue, subscriber count dips during Q2
The company is hoping to turn things around with a low-cost, ad-supported satellite and streaming radio tier.
Peacock holds steady with 41 million subscribers during Q2
Peacock saw little growth during Q2, with parent company Comcast reporting 41 million paying subscribers.
Comcast earns $30.3 billion during Q2, broadband losses continue
The company continues to face pressure from fixed-wireless broadband and other products; Peacock continues to lose money, though subscribers held steady at 41 million.