From AMC to Viacom: Tracking media earnings in Q1 2018

The first-quarter earnings season is underway, and FierceVideo is tracking the results from media companies, programmers and broadcasters throughout the period. Check out our updates on companies in this segment.

Make sure to check FierceWireless, FierceCable and FierceTelecom, as they also track earnings for companies in the wireless, pay TV and wireline industries.

April 16

Netflix
Netflix has once again kept the pedal to the metal on subscriber additions, bringing in 7.41 million net new subscribers, well ahead of its 6.35 million net adds forecast for the first quarter.
- see our coverage
- visit Netflix's investor relations page

April 25

Comcast/NBCUniversal
As expected, NBCUniversal’s broadcast television business got a massive boost during the first quarter from having both Super Bowl LII and the 2018 Winter Olympics on the network.
- see our coverage
- visit Comcast's investor relations page

Viacom
Viacom’s fiscal second-quarter earnings were accompanied by modest 1% growth in its media networks segments, helped along by rapid growth in the company’s international business.
- see our coverage
- visit Viacom's investor relations page

April 26

Time Warner Inc.
Time Warner’s first-quarter earnings are staring down across-the-board declines at all operating divisions, and the result is a 13% decrease in operating income.
- see our coverage
- visit Time Warner's investor relations page

May 3

CBS Corporation
CBS’s first-quarter earnings were highlighted by a 13% rise in revenues and 8% rise in operating income, leading CEO Les Moonves to affirm that his company has the “right strategy to successfully monetize our premium content now and in the future.”
- see our coverage
- visit CBS' investor relations page

May 7

E.W. Scripps
E.W. Scripps reported its first-quarter results Monday and tucked into its earnings report some information about virtual MVPDs’ impact on its local media business.
- see our coverage
- visit E.W. Scripps' investor relations page

May 8

Discovery Inc.
Discovery Inc. is reporting its first official quarterly results after successfully acquiring Scripps Networks, but the proceedings were marred somewhat by a loss brought on by Olympics programming costs.
- see our coverage
- visit Discovery's investor relations page

Gray Television
- see our coverage
- visit Gray Television's investor relations page

Tegna
- see our coverage
- visit Tegna's investor relations page

The Walt Disney Company/ABC
The Walt Disney Company reported its fiscal second-quarter results today, marked by lower operating income in its media networks segment due to declines at BAMTech and struggles at ESPN and Freeform.
- see our coverage
- visit Disney's investor relations page

May 9

21st Century Fox
21st Century Fox’s fiscal third-quarter revenues fell slightly to $7.42 billion, down 2% from $7.56 billion last year when the network aired Super Bowl LI.
- see our coverage
- visit Fox's investor relations page

Nexstar Media
Nexstar Media announced its first-quarter results today including a 13.9% increase in revenues totaling $615 million along with operating income totaling nearly $118 million.
- see our coverage
- visit Nexstar's investor relations page

Sinclair Broadcast Group
The company said its revenues rose 6.1% to $665.4 million, up from $626.9 million one year ago.
- see our coverage
- visit Sinclair's investor relations page

May 10

AMC Networks
AMC Networks’ first-quarter results saw operating income remain mostly flat as advertising revenues plummeted for the company’s domestic networks division.
- see our coverage
- visit AMC's investor relations page

TBD

Meredith Corporation
- see our coverage
- visit Meredith's investor relations page

Tribune Media
- see our coverage
- visit Tribune Media's investor relations page