Latest corporate earnings
Nexstar Earnings Get Boost From Political Ad Bonanza
By Jon Lafayette last updated
Nexstar Media Group reported a big jump in fourth-quarter profits driven by a big haul of political advertising in a presidential election year.
Discovery Claims 11 Million Total Streaming Subscribers
By Jon Lafayette last updated
Discovery reported higher than expected subscriber numbers for its direct-to-consumer streaming services, but reported lower profits for the fourth quarter.
AT&T Reports Loss in Fourth Quarter
By Jon Lafayette last updated
AT&T reported a loss in the fourth quarter as the pandemic continues to impact the company’s media operations.
Netflix Stock Jumps After Bullish Earnings Report
By Jon Lafayette last updated
Netflix shares jumped Wednesday morning following an earnings report that showed the streaming company adding more subscribers than expected and generating more revenue than forecast.
Netflix Global Subscribers Climb Above 200 Million Mark
By Jon Lafayette last updated
Netflix reported that its paid streaming subscribers rose to 203.7 million at the end of the fourth quarter, up 23% from a year ago.
Tegna Expects Big Jump in Fourth Quarter Net Income
By Jon Lafayette published
Tegna said it expects to report a 193% to 199% increase in fourth quarter net income as political advertising during the Georgia Senate runoffs contributed to record revenue.
Disney Reports 4Q Loss Despite Streaming Gains
By Jon Lafayette last updated
Disney Plus has 73.3 million subs as of Oct. 3
FuboTV Reports Loss as It Makes Sports Betting Plans
By Jon Lafayette published
Streaming service to launch Epix, Starz channels
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