Latest in Earnings

Lionsgate’s release of John Wick: Chapter 4 and the continued strength of the company’s 18,000-title film and TV library helped the company post fiscal fourth-quarter results ahead of Wall Street expectations. Related Story Lionsgate Execs On WGA Strike, Starz Price Hike, Upcoming Separat…

Chicken Soup For The Soul, owner of Redbox, Crackle and Screenvision and the self-described largest purveyor of content to" value-conscious consumers," saw sales soar to $110 million in the first quarter from $29 million. TVOD revenue is picking up, CEO Bill Rouhana told Wall Streeters, a precursor to a…

Disney is the DJIA’s worst performer today with shares down over 8% after reporting fiscal second quarter earnings that were mixed and a bit messy as the company and industry reset. Related Story Disney CEO Bob Iger Is Open To Selling Hulu Wall Street analysts trimmed some…

ITV’s digital business is starting to build. The UK network’s revenue from the segment was up £24M ($30.2M) to £106M in the first quarter of 2022 on a year-on-year comparison, a 49% uptick. Streaming hours were also up 128 million following the move to switch its main digital service from ITV Hub to…

Disney CEO Bob Iger appears to have shifted strategic course on Hulu, revealing that “cordial” and “constructive” discussions have started with Comcast about Disney acquiring its one-third stake in the streaming service. “I mentioned on the first earnings call that I did [in February] when I came…

"Does the state want us to invest more, employ more and pay more taxes or not?" Disney CEO Bob Iger rhetorically asked today of the on-going attacks on the Mouse House by Florida Governor Ron DeSantis. "There’s .. a false narrative that we’ve been fighting to protect tax breaks as part of this,' the…

Disney Parks & Experiences generated the bulk of parent profits and about a third of total revenue last quarter with a noteworthy swing in international from Hong Kong to Shanghai to Paris. Total sales at the divison called Disney Parks, Experiences and Products jumped 17% to $7.8 billion, the…

The Walt Disney Co. reduced losses in its streaming business by 26% (about $200 million) in its fiscal second quarter as the company’s overall results matched Wall Street expectations. The streaming story included some mixed indicators, however. Flagship service Disney+ had its second straight…

As the Writers Guild of America strike moves into its second week, the chief executive of Endeavor, Ari Emanuel, said, "We completely support our clients in this situation. There are real issues that have to be addressed. We support our clients as they navigate these.” Talking with Wall Street…

Smart-TV maker Vizio reported better-than-expected results for the first quarter but still saw total revenue slump 27% as consumers cut spending in a time of ongoing inflation and economic worries. The company reported break-even results on the bottom line, which surpassed Wall Street analysts…

Endeavor will start making quarterly cash dividend payments of up to $25 million starting in the third quarter, is planning to repurchase up to $300 million worth of shares, and will pay down $50 million more in debt as sees its cash position improving with a big asset sale, and ahead of the planned…

Nexstar CEO Perry Sook says the Hollywood community has “responded” to the company’s overhaul of The CW, and sports rights conversations have been “steady” since the company started airing LIV Golf this year. “They’re talking to everybody in Hollywood,” Sook said of CW chief Dennis Miller and…