Earnings
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Amazon Ad Revenue Rises 18% to $13.9 Billion in First Quarter
Sales for subscription services, which includes Prime Video, grew 9% to $11.72 billion during the quarter
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Spotify’s Push Into Videos, Podcasts Sees Traction, With 12% Gain in Subscribers in First Quarter
The Stockholm-based streaming giant missed analysts’ expectations on operating profit, however, reporting $545 million
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Tech
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Big Tech’s Bear Market: 3 Things to Watch After $2.7 Trillion in Value Is Erased
Tech giants like Apple and Meta are set to report their first quarter earnings amid slumping stock prices and business uncertainty brought about by President Trump’s tariffs
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Tech
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Charter Loses 181,000 Pay TV Customers in First Quarter of 2025
This is an improvement compared to the 405,000 pay TV customers the company lost in the first quarter of 2024
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TV
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Alphabet Profit Soars 46% in First Quarter to $34.5 Billion, Helped by AI-Assisted Search, YouTube Ads
The video platform’s ad revenue grew 10% year-over-year
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Tech
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Comcast Revenue Slips to $29.9 Billion in First Quarter on Continued Broadband, Pay TV Subscriber Losses
Comcast’s theme parks business saw revenue tumble 5% to $1.9 billion in the first quarter, on lower attendance and impact from the L.A. wildfires
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Imax Revenue Jumps 10% to $87 Million in First Quarter on Record Success of ‘Ne Zha 2’
Fifty-five percent of the premium format’s $298 million box office gross came from the record-smashing Chinese animated film
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Business
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Netflix Revenue Jumps 12.5% to $10.5 Billion in 1st Quarter, Driven by Pricing, Subscriber Growth
The streamer also said that executive chairman Reed Hastings is transitioning to a non-executive role as board chairman
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Business
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How the Major Streamers Stack Up in Subscribers and Revenue
Netflix leads the pack in revenue and number of subscribers, with no close second
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Business
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Endeavor Posts Widened Net Loss of $237.2 Million in Q4
The company’s representation and owned sports properties businesses were bright spots in the quarter, helping to boost total revenue to $1.57 billion
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Warner Bros. Discovery Swings to Streaming Profit of $409 Million in Q4
The media giant, which boasts a total of 116.9 million streaming subscribers, says it has a clear path to reach at least 150 million globally by the end of 2026
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Paramount Misses Q4 Expectations, But Narrows Streaming Losses 42% to $286 Million
The media giant is on track to reach domestic streaming profitability in 2025 as it awaits FCC approval for its $8 billion Skydance merger
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AMC Hits Q4 Projections With $1.3 Billion in Revenue
The theater chain sees $135.6 million net loss, but hopes to get out of the red this summer
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Imax Misses Projections With $93 Million in Q4 Revenue
“Venom: The Last Dance” and “Gladiator II” were the top moneymakers as company anticipates a record 2025 at box office
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Cinemark Rides ‘Moana 2,’ ‘Wicked’ to Record-High Q4 Revenue of $814 Million
A strong holiday leads to a 27% year-over-year increase as the theater chain reports its highest Q4 revenue ever
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Business
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