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Nexstar readies FCC applications to acquire TEGNA stations
Nexstar CEO Perry Sook reiterated that broadcast TV consolidation needs to happen to effectively compete against streaming platforms.
Disney posts mixed results for fiscal Q4
Disney posted a mixed bag of financial results for its fiscal Q4, with revenue boosted by streaming but nearly offset by lower income from traditional linear networks like ABC and FX.
EARNINGS REPORT
Sinclair revenue drops on weaker advertising income during Q3
With political advertising dried up, Sinclair posted a year-over decline in total revenue, despite gains in its local media and tech businesses.
EARNINGS REPORT
Spotify logs strong subscriber gains during Q3
Spotify promoted itself as a health business after logging user and subscriber increases during Q3.
EARNINGS REPORT
Fubo stock drops on lukewarm Q3 earnings report
Fubo's subscriber count in North America was one of the few bright spots in what was otherwise a soft earnings report for Q3.
EARNINGS REPORT
Fox CEO: Tubi reaches profitability earlier than expected
Interest in the streaming service was driven by more premium content and an aggressive global expansion effort.
Verizon CEO: Cost cuts will increase competitive position
Verizon's CEO has been on the job for less than a month, and he's already seen enough to know changes need to be made.
EARNINGS REPORT
Four years in, free streamer Fox Weather evolves into public safety resource
With wide distribution and a commitment to free, live coverage, the channel has become a trusted source before, during and long after climate emergencies.
EXCLUSIVE
Televisa-Univision revenue slips 3 percent during Q3
Ongoing advertising softness contributed to lower overall revenue, but streaming remains a bright point.
EARNINGS REPORT
Nexstar stations could be pulled from Verizon Fios on Friday
Verizon is warning of a possible dispute that could leave its 2.6 million customers without Nexstar-owned channels on Friday.
FIRST TO REPORT
MSNBC, Sky News form global news partnership
The arrangement, which starts in October, will allow MSNBC to utilize news reports and journalists from Sky News.
Sinclair demands Jimmy Kimmel make personal donation to Charlie Kirk’s non-profit
Sinclair said it wants Jimmy Kimmel to apologize for a monologue he delivered on Monday and has demanded high-level talks with ABC executives before it returns his show to their affiliates.