2024 Q2 Financial Earnings
Growth at Sling TV offset losses at Dish in Q2
Collectively, the pay TV services lost 104,000 customers during the three-month period that ended June 30.
News Corp weighs sale of pay TV business Foxtel
News Corp is weighing an offer to sell its 65 percent controlling stake in Australian broadcaster and pay TV platform Foxtel.
ProSieben Sat.1 grows revenue during Q2
ProSieben Sat.1 saw its quarterly and first-half revenue increased by 5 percent each, spurred by higher use of Joyn and gains in its entertainment business.
Vizio adds 200,000 more smart TV users during Q2
The company, which is being acquired by Walmart, saw higher platform revenue compared to hardware sales income.
Scripps sees social causes, Kamala Harris boosting political ad spending
Scripps is hoping to capitalize on social causes and the race for the White House, which should earn it a record amount from political ad spending, executives said this week.
Paramount loses nearly 3 million global subscribers during Q2
The company blamed the winding down of a bundle agreement in South Korea for the dip in streaming customers.
Gray Television earns $826 million in revenue during Q2
Overall revenue was lower than Gray had previously forecasted, due in part to "factors largely beyond our control," the broadcaster said.
Sinclair sees total media, advertising revenue jump during Q2
The company is still working through new distribution agreements with pay TV providers, which could help further lift distribution revenue in the coming months.
WBD grows streaming subscribers, takes impairment charge after losing NBA rights
WBD saw its direct-to-consumer subscribers grow during Q2, but the company also reported a $9 billion impairment charge associated with the loss of NBA games.
TEGNA sees 3 percent drop in revenue during Q2
The local TV broadcaster continues to be challenged by ongoing softness in the advertising market and lower distribution revenue from cable and satellite companies.
Cable, satellite fees help boost Fox Q4 revenue
Fox saw an uptick in Q4 2024 revenue attributed to fees charged to cable and satellite distributors, with overall advertising flat on a sequential basis.
Streaming sports helps fuel sales of Roku devices during Q2
Time spent on Roku devices increased on a year-over basis to 30.1 billion streaming hours, the company affirmed.