Exhibition giant Cinemark on Thursday reported xx third-quarter earnings as revenue rose. The company, led by President and CEO Sean Gamble, reported quarterly profit of $187.8 million, compared to $90.2 million in the same period in 2023. Net profit for the trailing three months included a benefit tax of $42.7 million “primarily related to the … Read more
Roku beat Wall Street expectations for the third quarter and said it will stop providing quarterly updates on the number of streaming households and average revenue per user, starting in the first quarter of 2025. “Since our IPO in 2017, the streaming industry has evolved significantly, with Americans now spending significantly more time watching streaming … Read more
Spanish-language media giant TelevisaUnivision reported a 6% ($852.4 million) increase in U.S. revenue for the third quarter of 2024, as a 5% increase in U.S. advertising revenue was driven by what it described as a third-quarter company record in political advertising revenue. The company said its streaming business, which finished 2023 with more than 7 … Read more
Netflix's third-quarter results are in, as are Wall Street's first verdicts on what they mean for the streaming giant and its stock. Most experts went into the earnings report with a bullish mindset, despite some warnings that the company's rising market value may require some patience before shares rise further. Led by co-CEOs Ted Sarandos … Read more
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