The second-quarter earnings season is almost complete, and FierceBroadcasting tracked the results from media companies, programmers and broadcasters throughout the period. Check out our updates on companies in this segment.
Make sure to check with FierceWireless, FierceCable and FierceTelecom as they also track earnings for companies in the wireless, pay-TV and wireline industries.
July 17
Netflix
Netflix had a stronger quarter than expected in terms of net subscriber additions, and at the same time the SVOD saw its revenues rise 32.3% annually.
- see our coverage
- visit Netflix's investor relations page
July 27
Comcast/NBCUniversal
NBCUniversal’s broadcast television revenue rose 5.3% to $2.2 billion during the second quarter as the segment was able to beat back declines in ad revenues with higher distribution and content licensing revenue.
- see our coverage
- visit Comcast's investor relations page
Meredith Corporation
Meredith’s local media group reported operating profit growth of 9%, up to $46 million, during the company’s fiscal fourth quarter.
- see our coverage
- visit Meredith's investor relations page
July 31
Discovery Communications
In a busy day for Discovery, the company also announced its second-quarter results, marked by an 8% decline in net income.
- see our coverage
- visit Discovery's investor relations page
August 1
Tegna
Tegna has its sights set on consolidation following a second quarter during which the company’s revenues from continuing operations grew 2.6%.
- see our coverage
- visit Tegna's investor relations page
August 2
Sinclair Broadcast Group
Sinclair Broadcast Group’s latest quarter was buoyed by the company’s media group, which saw its revenues jump 4.2% to $631.8 million.
- see our coverage
- visit Sinclair's investor relations page
Time Warner Inc.
Time Warner saw its second-quarter revenues climb 5% to $7.3 billion thanks in part to increases at HBO and Turner.
- see our coverage
- visit Time Warner's investor relations page
August 3
AMC Networks
AMC Networks’ second-quarter net revenues rose 3.8% to $711 million but operating income fell slightly.
- see our coverage
- visit AMC's investor relations page
E.W. Scripps
E.W. Scripps saw its second-quarter revenues rise slightly to $232 million, up from $228 million one year ago.
- see our coverage
- visit E.W. Scripps' investor relations page
Univision Communications
Univision Communications’ total revenue for the second quarter fell 4.4% to $764.9 million down from $800.3 million during the year-ago quarter. But that didn’t stop net income from rising considerably.
- see our coverage
- visit Univision's investor relations page
Viacom
Viacom’s fiscal third-quarter revenues rose 8% to $3.36 billion thanks in part to growth in affiliate and ad revenues within its media networks segment.
- see our coverage
- visit Viacom's investor relations page
August 7
CBS Corporation
CBS’s second-quarter earnings were marked by an overall 9% increase in revenues to $3.26 billion, a boost the broadcaster credited in part to subscription and affiliate fees rising 16%.
- see our coverage
- visit CBS' investor relations page
August 8
Nexstar Media
In its first full quarter after acquiring Media General, Nexstar Media saw its revenues rise a whopping 139% to $626 million, a record for the company.
- see our coverage
- visit Nexstar's investor relations page
The Walt Disney Company/ABC
The Walt Disney Company’s fiscal third-quarter revenues fell slightly to $5.9 billion, but operating income plummeted 22% to $1.8 billion due to programming cost pressure at ESPN.
- see our coverage
- visit Disney's investor relations page
August 9
21st Century Fox
21st Century Fox’s fiscal fourth-quarter earnings rose 2% to $6.75 billion thanks in part to higher affiliate and advertising revenue at the company’s cable networks.
- see our coverage
- visit Fox's investor relations page
Tribune Media
Tribune Media’s second-quarter consolidated operating profits took a hit due to additional expenses at WGN America and fell to $18.3 million, down from $56.2 million during the year-ago quarter.
- see our coverage
- visit Tribune's investor relations page