AMC Networks reported net revenue of $555 million, down from $596 million in the prior year. Operating income fell to $63 million from $110 million. Earnings per share came in at 54 cents, missing analyst expectations. Subscription revenues decreased 3% to $313 million due to declines in the linear subscriber universe.. Streaming revenues increased 8% to $157 million, which was...

With a collective ennui permeating the entertainment industry, itd be understandable if many in attendance at a Thursday discussion with FXs John Landgraf and Disneys Eric Schrier might have been seeking at least one reason to feel optimistic. And they got it. Sort of. Late in the Disney lot panel put on by Hollywood Radio Television Society, the moderator, director...

TKO Group Holdings beat Wall Street expectations in its first quarter earnings report, with the WWEs new media rights deal with Netflix, strong live event performance at UFC and WWE, and significant growth in partnerships at both brands helping the company set itself up for what it hopes will be a strong 2025. The company reported revenues of $1.3 billion,...

David Eilenberg, the head of content for Roku, is exiting the streaming platform to become creative director at the production company ITV America, the studio behind shows like Love Island USA, Hells Kitchen and Queer Eye. Eilenberg, who previously worked as the studios chief creative officer before jumping to Roku in 2022, will oversee the companys full slate of unscripted...

Larry David had never appeared in a commercial at least until 2022 when he debuted in a Super Bowl ad as part of a campaign for cryptocurrency platform FTX in a spot titled Dont Miss Out. In it, he takes on his Curb Your Enthusiasm persona as a skeptic who travels through time and scoffs at inventions until hes pitched...

Paramount Globalunveiled its first-quarter financial results Thursday as controlling shareholder National Amusements, led by Shari Redstone, looks to close the sale of the Hollywood studio to David Ellisons Skydance. During the latest quarter to March 31, the company hit 79 million Paramount+ streaming subscribers worldwide, up 11 percent year-on-year and from 77.5 million Paramount+ customers at the end of its...

Rolling Stone said Thursday that Gus Wenner has been named executive chairman, with Julian Holguin becoming CEO. Wenner will collaborate with Holguin to ensure the brands long-term strategic vision while pursuing new ventures outside of Rolling Stone.Holguin will assume oversight of the business. Wenner the son of Jann Wenner, who co-founded Rolling Stone in 1967 led the sale of the...

The Hollywood Reporterhas opened a new front in Canada with the launch of a new event, the Access Canada Summit, set to run during the upcoming Toronto International Film Festival. The Canadian industry conference, set to run Sept. 8-10, will focus on the Canadian media and entertainment industry. The event will be produced by Access Canada, the producer of The...

Universal Music Group has motioned to dismiss Drakes updated defamation lawsuit over the release of Kendrick Lamars Not Like Us, writing that the rappers allegations against the music giant are no more than Drakes attempt to save face for his unsuccessful rap battle with Lamar. The motion comes weeks after Drake filed an amended complaint in the case against his...

It has been a difficult year for the cable business. Cord-cutting continues to wreak havoc on Pay TV, while a competitive environment with satellite and telecoms means that it is more challenging than ever to grow broadband and mobile internet customers. Altice USA, which operates under the Optimum brand name, may not be the biggest of the traditional cable companies...

Sphere Entertainment, the company behind Las Vegass high-tech Sphere concert venue, reported $280.6 million in revenue for Q1 2025, a 13 percent dip from the year prior. The dip was most primarily attributable to lower revenue from Spheres MSG Networks segment, as the networks agreement with Altice expired during the quarter. (MSG Networks and Altice reached a new agreement in...

It sounds like Discoveryco. may be a reality. Warner Bros. Discovery is moving towardsa split, CNBCs David Faber reported on Thursday, in a news update that broke right after the companys quarterly earnings results and call with Wall Street analysts. Faber added, and its become relatively clear to me from the many conversations that Ive had that we could get...

If Netflix does it, the rest follow. Last month, Max became the latest major streaming platform to announce a password-sharing crackdown. On April 22, 2025, Warner Bros. Discovery announced its new Extra Member Add-On feature for U.S. Max subscribers; it costs $7.99/month regardless of which tier the primary account pays for. Thats $1 more than the entry-level price to Netflixs...