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Earnings

Endeavor Swings to Slim Profit Thanks to UFC in First Earnings Report Since IPO

In its first quarterly earnings report since going public in April, Endeavor posted net income of $2.4 million, a significant improvement from the same quarter a year ago, when the company posted…

Lionsgate Grows Starz Streaming Subscribers to 16.7M

Lionsgate on Thursday posted a smaller fourth quarter loss on lower overall revenue as the Hollywood studio continues to drive into the streaming space with Starz. The studio saw its…

Wall Street Weighs Disney+ Subscriber Miss: “Nail-Biting Time”

Wall Street analysts on Friday shared their takeaways from the Walt Disney Co.’s fiscal second-quarter earnings report, with slower-than-expected Disney+ subscriber growth in the…

Univision Networks Ad Revenue Rises 7 Percent

Spanish-language media giant Univision Communications, which late last year sold a majority stake to an investor group led by former Viacom CFO Wade Davis and recently agreed to a merger with…

Disney+ Misses Expectations With 103.6 Million Subscribers

While the fallout from the pandemic leads to a tough comparison with a year ago, The Walt Disney Co. delivered mixed results in its earnings Thursday, delivering revenue of $15.6 billion and…

Reddit “WallStreetBets” Traders Go Wild After AMC Theatres CEO Embraces Their Ownership: “He’s Totally Onboard”

To a casual listener of AMC Theatres’ second-quarter earnings call Thursday, AMC CEO Adam Aron’s short monologue about the 1988 Oscar-nominated drama Gorillas in the Mist may have been seen as a…

AMC Networks U.S. Ad Revenue Drops 7 Percent

AMC Networks reported a 7 percent U.S. advertising revenue drop for the first quarter on Friday, saying that it was “due to shifts in the timing of the airing of original programming and lower

Cinemark Reports $208M Loss: “We Are Now Actively on the Road to Recovery”

Cinema giant Cinemark Holdings reported a widened $208 million loss for the first quarter of 2021 due to the coronavirus pandemic after a year-ago loss of nearly $60 million. “The…

AMC Theatres Posts $567M Loss, but Teases “Increasingly Favorable Environment for Moviegoing”

AMC Theatres keeps facing pandemic-related headwinds, but CEO Adam Aron teased that a rebound was right around the corner, saying Thursday that “we finally can now say that we are looking at…

ViacomCBS Adds 6M Global Streaming Subs in Quarter, Driven by Paramount+, to Reach 36M

ViacomCBS added 6 million global streaming subscribers in its first quarter, “driven by” the rebranded Paramount+ service, to reach 36 million global paid streaming users, the entertainment…

Streaming Growth Lifts RTL, ‘American Idol’ and ‘Game of Talents’ Help Fremantle

The first-quarter results of European television giant RTL Group — the owner of American Idol

ITV Ad Revenue “Rebounding” After 6 Percent Drop in First Quarter, Studio Arm Grows

U.K. TV giant ITV reported a 2 percent revenue increase for the first quarter to £709 million ($985 million) “despite the COVID-19 restrictions in place throughout the period, unlike the same…