Fox sees higher revenue, but profit slips, during fiscal Q3
The Super Bowl on the Fox broadcast network and Tubi resulted in an advertising windfall, but net income was lower compared to Q3 2024.
The Super Bowl on the Fox broadcast network and Tubi resulted in an advertising windfall, but net income was lower compared to Q3 2024.
The service will include live news, broadcast channels and sports within a single app, and will allow streamers to bundle a subscription to Fox Nation as well.
On a conference call with investors, CEO Adam Symson said the company is awaiting federal media deregulation and expects to benefit from “swaps and select asset sales.”
The Google-backed streaming video platform is favored to distribute a rare Friday NFL game during the league’s opening weekend.
Echostar saw lower pay TV churn during Q1, even as customers continued to cut the cord; the company has expressed a willingness to partner with other companies to boost its wireless reach and revenue.
ESPN executives say the “ESPN” name is intended to simplify the streaming landscape, which has grown complex with different products.
The broadcaster remains hopeful that an almost-certain relaxation of media ownership regulations will allow it to execute on certain mergers and acquisitions.
Warner Bros Discovery is taking a less-aggressive approach in its password-sharing crackdown compared to its peers, but it wants freeloaders off Max within the next year.
Disney has struck an agreement to add Newsmax to its Hulu with Live TV service, with the channel landing on the platform this summer.
Paramount saw its streaming revenue jump 9 percent as the company added more direct-to-consumer subscribers during the first quarter of 2025.
Pay TV bundles helped grow WBD’s domestic subscriber count during Q1, but it also impacted a key financial indicator used by analysts to evaluate the health of its streaming business.
Warner Bros Discovery posted streaming subscriber gains, but its lackluster distribution and advertising revenue weighed down its overall earnings during Q1.