Scripps increases overall revenue to $2.5 billion in 2024
Scripps grew its operating income by 9 percent during 2024, but the company warned of possible turbulence in its local TV segment throughout 2025.
Scripps grew its operating income by 9 percent during 2024, but the company warned of possible turbulence in its local TV segment throughout 2025.
Warner Bros Discovery grew its streaming business to serve nearly 117 million customers around the world, the company disclosed last Thursday.
Executives at Fubo warned the company is likely to lose subscribers during Q1, a red flag that sent its stock price down 20 percent on Friday.
The E. W. Scripps Company on Thursday said it was delaying its anticipated fourth quarter (Q4) and full year financial earnings disclosure to mid-March.
In addition to a political advertising windfall, Nexstar said it entered into cable and satellite terms that were favorable to the company, which allowed it to earn more money from its channels.
The broadcaster’s CEO is optimistic that the current political environment in Washington will lead to industry deregulation.
The company’s traditional TV business accounted for nearly 65 percent of Paramount’s overall revenue last year.
Sinclair, Inc. earned $405 million in political advertising last year that boosted the company’s top line revenue to nearly $3.6 billion in 2024.
Televisa-Univision saw its stateside business continues to gain momentum during the fourth quarter of 2024.
After a cable-related impairment charge of nearly $400 million during Q4, AMC Networks is charting a new course, one focused on streaming and content licensing.
Roku’s subscription and advertising business logged its first $1 billion quarter; the company ended Q4 with 90 million subscribers and more than $203 million in free cash flow.
Lower subscriber figures at Disney Plus may be attributed to higher prices, less-compelling content and an increase in competition from other platforms.