More From Dade Hayes
Charter Stock Plunge Worsens By End Of Trading Day After Quarterly Earnings Miss, Surprising Broadband Losses – Update
UPDATED with closing price. Shares in Charter Communications dropped 16.5% Friday after the company reported disappointing fourth-quarter earnings and a surprising loss of broadband subscribers.
Charter said it lost 61,000 internet customers in the quarter ending December 31, compared with Wall…
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3 Comments Comment on Charter Stock Plunge Worsens By End Of Trading Day After Quarterly Earnings Miss, Surprising Broadband Losses – Update
Facebook And Instagram Parent Meta Platforms Sets Stock Market Record, Adding $200B In Market Value In A Single Day
Facebook and Instagram parent company Meta Platforms set a stock market record Friday, adding $200 billion in market value in a single trading day on the heels of a knockout earnings report.
The 20% rise in the tech giant’s stock price, to an all-time high of $474.99, followed the company’s stellar…
Super Bowl Ads Remain Big Draw For Marketers In Age Of Fragmented Media, But Can All Those Celebrity Pitches Really Land?
Everyone watches the Super Bowl, but for media industry veterans it has come to be seen as an almost holy experience in a world of continuing atomization and linear decline.
With ratings ebbing and business models crumbling, last year’s edition registered the largest audience of any TV event in…
Spotify Re-Ups ‘The Joe Rogan Experience’ But Shifts To Non-Exclusive Distribution Plan
Spotify has reached a multi-year extension with top podcast The Joe Rogan Experience, securing an important talent relationship but also shifting to a non-exclusive distribution plan for the show.
Rogan’s podcast will stream on Spotify, but also will also be available on Apple, Amazon and YouTube…
Amazon Says Video And Music Spending Rose 14% In 2023
Amazon said its spending on video and music content grew 14% in 2023, reaching $18.9 billion.
The figure, disclosed Friday morning in the company’s annual report filed with the SEC, includes licensing and production costs for Prime member offerings as well as costs for digital subscriptions and sold…
Senior Amazon Exec Calls Prime Video Advertising On Scripted Programming “An Important Part Of The Total Business Model”
Amazon CFO Brian Olsavsky says the company’s execs “feel good” about the recent expansion of advertising on Prime Video, calling it “an important part of the total business model.”
Ads began running this month on scripted series and films on Prime Video, except for subscribers who opt to pay an extra…
Disney Defends “Highly Qualified Board And Clear Strategy”, Reveals Date Of Annual Shareholder Meeting As Trian Renews Attacks In Proxy Fight
The Walt Disney Co. has come out in defense of its “highly qualified board and clear strategy” for growth and share price gains as activist investment firm Trian Capital issued its latest attacks on the company.
The company also disclosed the date of its annual shareholder meeting, which could see…
Amazon Delivers Strong Q4 Results, Topping Wall Street Forecasts In Holiday Period As Ad Revenue Climbs 27%
Amazon delivered better-than-expected results in the fourth quarter of 2023, with revenue up 14% year-over-year in a strong holiday-season showing.
Revenue of $170 billion in the quarter ending December 31 exceeded Wall Street analysts’ consensus forecast for $166 billion. Earnings of a dollar per…
Hulu, Following Through On Plan Laid Out Last Year By Disney CEO Bob Iger, Joins Disney+ In Limiting Password Sharing
Hulu is officially following in the footsteps of corporate sibling Disney+ and streaming giant Netflix by implementing restrictions on the sharing of accounts and subscriber passwords.
The move has been expected for several months. Last summer, Disney CEO Bob Iger told Wall Street analysts during an…
Paramount Global Nears Crossroads After Latest Acquisition Offer: What’s Shari Redstone’s Next Move?
News of Byron Allen’s $30 billion offer (including debt) for Paramount Global has restarted Hollywood’s most active parlor game: Whither Paramount and assets like its 112-year-old film studio and iconic Melrose lot?
Paramount is taking Allen’s bid seriously enough, as Deadline understands it, to form…
NBCUniversal Confirms Return Of Radio City Upfront In May And Ad Tech Showcase In March
NBCUniversal has confirmed the dates of its annual upfront event at Radio City Music Hall in May as well as the fourth edition of its “OnePlatform” showcase of advertising technology in March.
The upfront will be held on May 13, its usual Monday slot on the traditional week of upfront pitches to ad…
Riding NFL Sunday Ticket Momentum, Google Is “Closely Looking At” Expanding YouTube TV Beyond U.S., Senior Exec Says
Google execs are actively considering an international expansion of pay-TV service YouTube TV, Chief Business Officer Philipp Schindler said during the company’s fourth-quarter earnings call.
“It is something we are closely looking at,” Schindler said. “There’s nothing specific I have to add at this…
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