Topic: advertising revenue
The national television advertising market stayed flat in October as declines in broadcast revenue offset increases in cable.
Disney is consolidating all of its online ad initiatives with Google’s Ad Manager and ending its agreement with Comcast’s Freewheel.
Disney’s media networks revenues for the quarter rose 9% to $6 billion, and segment operating income rose 4% to $1.5 billion.
Roku’s shift in focus from its device business to its platform is paying dividends in higher advertising revenue, and the company still has room to grow.
Discovery Inc. reported a massive 57% year-over-year revenue increase during the third quarter thanks largely to its acquisition of Scripps Networks.
21st Century Fox reported 2% revenue growth during its fiscal first quarter of 2019 as Disney nears completion of its deal for much of the company.
Altice USA lost 28,000 Cablevision and Suddenlink video subscribers in the third quarter, a slight improvement over the 32,000 it lost one year ago.
Oath, the name Verizon branded its combined AOL and Yahoo media business, may not be much longer for this world.
CBS' revenue bump was due largely to 79% growth from subscription streaming services All Access and Showtime.
Facebook has apparently been holding back the growth of video on its platform, even as it builds out an original content strategy around Watch. But the company is ready to take off the training wheels.