Special Coverage: Media Earnings
THIS WEEK:
Fox Corp, iHeart, Newsmax
Versant platform revenue increases during Q1, total revenue slips
Versant’s first-quarter profit fell as TV distribution and ad revenue weakened, though growth at Fandango, GolfNow and content licensing softened the decline.
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Fox rakes in nearly $4 billion in revenue during fiscal Q3
The lack of a Super Bowl event this year compared to last weighed on television revenue, but TV-related EBITDA increased during fiscal Q3.
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Stock Updates
AMC posts Q1 loss despite double-digit streaming revenue growth
AMC Global Media’s Q1 revenue fell 2 percent as streaming gains helped offset lower affiliate and advertising revenue.
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Optimum posts wider loss during Q1, mobile grows
Optimum reported lower overall revenue during Q1 as ongoing broadband and video losses offset gains in its wireless business.
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Gray Media revenue slips in Q1 as political ad sales surge
Political advertising and core ad sales helped offset pressure from retransmission revenue and subscriber declines.
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Scripps narrows Q1 loss as local TV revenue offsets decline at national networks
The company reported $517 million in revenue and said its sports strategy, station sales and transformation plan are helping reduce leverage and reshape the business.
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Nexstar grabs $1.34 billion in revenue during Q1, CEO touts TEGNA deal
Nexstar Media Group worked to impress Wall Street by pointing to the prowess of its $6.2 billion merger with TEGNA during the company’s Q1 report on Thursday.
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Lack of NBC sports causes higher churn at Fubo during Q2
An ongoing dispute with Comcast’s NBC Universal triggered slightly higher churn across Fubo’s pay TV business during Q2.
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Paramount grows revenue 2 percent during Q1; Paramount Plus adds 2 million customers
Paramount’s streaming and studio businesses offset ongoing losses in its traditional TV media unit during Q1.
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Sinclair notes stronger political ad buys in Q1 as midterm budgets open
Sinclair reported a boost in Q1 revenue, driven largely by high sports viewership on its local TV stations that brought in sizable ad revenue.
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Roku grows platform revenue to $1.13 billion during Q1
Roku kicked off the first three months of the year with a solid start, with the streaming company growing its subscription and advertising revenue to earn more than $1 billion during Q1.
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YouTube grows Q1 ad revenue to $9.9 billion
YouTube’s growth was fueled by stronger advertising spend and a higher uptake in premium subscriptions across its streaming ecosystem.
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Televisa-Univision faces pressure from sports on rival networks
Pressure in the traditional TV ad business will grow as rival networks air premium sports events this summer, executives warned.
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Verizon CEO: Giving customers free handsets doesn’t solve all problems
The company saw an uptick in postpaid and prepaid phone additions during Q1 as it improves the customer relationship and service experience across the board.
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Charter broadband, pay TV churn continues, but slows, during Q1
Charter continued to lose broadband and pay TV subscribers during the first quarter, but at a slower pace compared to last year; the company’s wireless segment continued to grow.
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Comcast grows revenue, eases broadband and video losses during Q1
Comcast improved its overall revenue and slowed its pay TV and broadband Internet churn, but losses at Peacock widened during Q1.
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AT&T customers flock to wireless, Internet bundles during Q1
AT&T reported a modest growth in revenue during Q1 as customers took advantage of bundled wireless and home Internet offerings.
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Netflix sees modest bump in revenue during Q1; Reed Hasting to leave board
Netflix saw a modest bump in revenue as the company’s growth strategy like password-sharing crackdowns and building out its ad business continued to accelerate in Q1.
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Newsmax posts 11 percent revenue growth, digital declines weigh on profitability
Newsmax saw its overall revenue increase by the end of 2025 as broadcast gains offset digital declines during the year, the company reported on Thursday.
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Salem Media posts $35 million financial loss amid lower revenue in 2025
Higher impairment charges and continued pressure on broadcast advertising weighed on the broadcaster’s overall financial results.
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Versant brings in $6.7 billion during 2025
Versant executives said 80 percent of its current revenue comes from pay TV providers that distribute its cable networks; MS NOW has seen strong viewership since its rebrand last year.
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Starz narrows financial loss to under $21 million during Q4
Starz reported lower revenue but sharply improved its financial loss during the fourth quarter (Q2) of 2025, the company’s second consecutive full quarter since spinning out of Lionsgate last summer.
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Dish, Sling TV parent swings to steep financial loss during Q4
Echostar swung to a steep loss during Q4 primarily attributed to lower pay TV earnings and stronger competition on the broadband side of the business.
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TEGNA ad revenue climbs 4 percent during Q4; distribution income dips
Executives at TEGNA say the company’s deal to be acquired by Nexstar should cross the finish line by the second half of this year.
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Gray Media sees lower revenue, but higher ad income, during Q4
Gray Media’s revenue exceeded its own prior guidance, though financial line items were down almost across the board based on comparisons to a politically-lucrative prior year.
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Nexstar posts $83 million profit in 2025, despite lower overall revenue
Nexstar’s Q4 revenue fell on lower political ads, while distribution gains and non-political growth provided some offset.
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Scripps logs $100 million loss during 2025; Q4 ad revenue up 12 percent
Scripps reported lower overall revenue and a financial loss for 2025, but executives promised stronger momentum through sports deals and political ad sales is on the way.
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Paramount earnings weighed by legal, programming costs in 2025
Paramount Global swung to a quarterly loss and posted sharply lower profit during 2025 due to programming and legal costs.
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Sinclair logs financial loss during 2025, weak distribution fees weigh on revenue
Sinclair reported lower 2025 earnings as political ads cooled, but growth in core advertising and sports demand boosted its outlook for 2026.
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Televisa-Univision ad revenue dips during Q4, narrows financial losses
Ongoing pressure in the U.S. and Mexican advertising business weighed on Televisa-Univision’s Q4 results, though the company narrowed its operating loss.
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Roku swings to profit in Q4, revenue jumps to $1.4 billion
Roku swung to profitability during the fourth quarter (Q4) of 2025, capping what executives described as a year of “excellent results.”
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Broadband disconnects continue at Optimum during Q4
Optimum reported fewer video and broadband Internet customers during Q4, but the company’s CEO says things are turning around.
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