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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.
EARNINGS REPORT
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.
EARNINGS REPORT
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.
EARNINGS REPORT
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.
Ad.com acquires Public Good, lauches Search.com
Ad.com has acquired Public Good as part of its development of a new search engine that will incentivize online users, advertisers and publishers alike.
Cumulus Media forges content partnership with Rumble
Podcasts from Westwood One and Cumulus are coming to Rumble's platform, and Rumble creators will contribute to Cumulus shows.
Roku unveils ad-free streaming service Howdy
Roku is breaking into the world of premium streaming with the launch of a new app called "Howdy."
Fox earns $3.3 billion in revenue during fiscal Q4
Fox posted $3.29 billion in fiscal fourth quarter revenue, driven primarily by higher ad uptake against Tubi.
EARNINGS REPORT
Fox One to launch August 21 for $20 per month
Fox Corporation will launch its blockbuster Fox One streaming service on August 21 for $20 per month or $200 per year.