Comcast Q3 Profit Driven by Olympics; Sony Sees Entertainment Gains; YouTube Ad Revenue Balloons

View on web New reader? Subscribe October 28, 2021 Tokyo Olympics, Broadband Spark Rise in Q3 Profit for Comcast Comcast's third-quarter was boosted by NBCUniversal's Tokyo Olympics broadcasts and a surge in broadband consumers Read More Comcast Hints at Holding on to Hulu; Peacock Numbers Moving in 'Right Direction' Comcast executives said Thursday there is no rush to end their partnership with Disney in Hulu. Read More Apple TV Plus Is Coming to Comcast's Xfinity and Other Video Platforms Comcast struck a deal with Apple that will bring the Apple TV app to the Xfinity, Flex, XClass TV and Sky Glass video platforms. Read More Sony's Entertainment Revenues Climb, but Group Quarterly Profits Tumble Sony Group's profits took a steep tumble in the second quarter of its financial year, but revenues in entertainment were buoyant. Read More 'Shang-Chi,' 'Free Guy' Lift Imax Earnings to Pandemic Era High 'Shang-Chi,' 'Free Guy,' and 'Black Widow' helped Imax record the best quarterly results of the COVID-19 era. Read More YouTube Q3 Ad Revenue Balloons 43% to $7.2 Billion, Tops 50 Million Music and Premium Subscribers YouTube generated $7.2 billion in advertising revenue for Q3, up 43%, and topped 50 million subscribers for music and premium services. Read More Facebook Sales Miss Q3 Forecasts as Growth Slows on iPhone Privacy Change Facebook Q3 2021 revenue was hit by Apple's iOS 14.5 privacy change but still raked in a ton of money and beat profit expectations. Read More Twitter Gains 5 Million Users in Q3, Grows Revenue 37% Despite Apple's iPhone Privacy Change Twitter touted user gains in the Q3 2021 and reported healthy growth in revenue, but it missed Wall Street earnings estimates. Read More Universal Music Posts 17% Growth in First Post-IPO Earnings Report In its first post-IPO earnings report, Universal Music Group posted 17.4% year-over-year revenue growth in the third quarter of 2021. Read More Spotify Reports In-Line Q3 User Growth to Hit 381 Million, Ad Revenue Jumps 75% With Growing Podcast Slate Spotify grew total monthly active users and paid subscribers 19% in Q3, and ad revenue topped expectations with a 75% increase. Read More The Operator: Joe Ianniello Carves Post-CBS Path With Media SPAC Joe Ianniello hopes to take advantage of M&A shakeups and technological disruption in media as he launches his a media-focused SPAC. Read More This email was sent to sajanram.movies@blogger.com by Variety. Please add email@email.variety.com to your address book to ensure delivery to your inbox. Visit the Preferences Center to update your profile and customize what email alerts and newsletters you receive. Copyright © 2021 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. 11175 Santa Monica Boulevard Los Angeles, CA, 90025 View in Browser | Privacy Policy | Your California Privacy Rights | Ad Choices | Terms of Use | Unsubscribe Update Profile