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WBD earns $9.81 billion during Q2, boosted by HBO Max, theatrical films
Overall revenue at WBD was $9.81 billion during Q2, up 1 percent compared to last year.
EARNINGS REPORT
TEGNA revenue slips to $675 million during Q2
Overall revenue clocked in at $675 million for the three-month period that ended June 30, down 5 percent compared to last year.
EARNINGS REPORT
Nexstar sees revenue dip 3 percent in Q2, soft ad market blamed
Nexstar reported $1.23 billion in Q2 revenue, down 3 percent due to lower political ad spending in a non-election year.
EARNINGS REPORT
Apple gets exemption from Trump tariff on computer chips
The looming threat of tariffs on semiconductors will cause the price of hundreds of items to increase — everything from alarm clocks to baby monitors and fitness trackers to smart TVs.
WalletHub pulls 40,000 web pages from Google, citing AI theft
WalletHub says it has blocked Google and other search engines from crawling more than 40,000 of its web pages, citing ongoing issues with AI-powered content theft.
Sinclair revenue dips to $784 million during Q2
Sinclair posted a net loss of $64 million during Q2, compared to a $17 million profit last year.
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Facebook parent violated California wiretap law, jury rules
A federal jury in California has determined Meta Platforms, the parent of Facebook, violated the state's wiretap law by collecting data from a period-tracking app.
Curiosity Stream generates $800,000 profit during Q2
Curiosity Stream reported strong second-quarter results, posting a 53 percent year-over-year revenue increase to $19 million and swinging to profitability.
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ESPN Unlimited to become new home of WWE’s premium events
ESPN has inked a multi-year deal with World Wrestling Entertainment (WWE) to become the new digital distributor of live premium events from the professional wrestling franchise.
Disney to launch ESPN Unlimited on August 21
The streaming plan unlocks access to ESPN's multiplex of cable networks and live sports programming from ABC for $30 per month.
Streaming, theme parks boost Disney’s fiscal Q3 earnings to $23.65 billion
Streaming turned profitable during Q3, with Disney Plus and Hulu reaching 183 million subs and streaming-related income rising to $346 million.
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Disney to phase out Hulu as standalone streaming app
After nearly two decades, Hulu's time as a standalone, entertainment-focused streaming app is coming to an end.