is here and with it comes the best Nordstrom Black Friday sales. Yes, you read that right. You can find discounts on just about every category—clothing, beauty, home—and get all your holiday shopping done way before Cyber Monday.
08.11.2023 - 14:05 / variety.com
Jennifer Maas TV Business Writer Nexstar reported its third-quarter 2023 earnings Wednesday, revealing TV ad revenue was down overall 23% for the July-September quarter. Meanwhile, the CW network made quarter-over-quarter progress on its path to profitability by narrowing its losses to $60 million. For the CW, which was formally acquired by Nexstar in October 2022 from Paramount Global and Warner Bros.
Discovery, a year-over-year comparison can’t be drawn based on the lack of financial results disclosed publicly by its former parent companies. But it’s long been known the old CW was not profitable, and this $60 million is an improvement over the $78 million loss the network posted in Q2 and the $83 million loss in Q1. Nexstar’s core ad sales were $391 million in Q3, a decrease of 2.3% from the comparable year-ago quarter.
Political ad sales fell 85.3% to $19 million from $129 million last year, when midterm elections spiked that categories revenue. Total TV ad sales were $410 million, down 23% year-over-year from $529 million. Distribution revenue was down 6.7% ($598 million vs.
$641 million), digital climbed 15.1% (99 million vs. 86 million) and “other” rose 92.3% ($25 million vs. $13 million).
Free cash flow stood at $100 million, which rises to $136 million when excluding the CW. Net income was $8 million, down 97.2% year over year from $288 million in third-quarter 2022. Wall Street forecast earnings per share (EPS) of $1.51 on $1.18 billion in revenue, according to analyst consensus data provided by Refinitiv.
is here and with it comes the best Nordstrom Black Friday sales. Yes, you read that right. You can find discounts on just about every category—clothing, beauty, home—and get all your holiday shopping done way before Cyber Monday.
is just a few days away but the Nordstrom Black Friday sale has already begun. Yes, you read that right. You can find discounts on just about every category—clothing, beauty, home—and get all your holiday shopping done way before Thanksgiving dinner.
Jennifer Maas TV Business Writer For the holidays, you can’t beat home sweet home — and that’s exactly where Chip and Joanna Gaines‘ Magnolia Network is taking you with its new seasonal special, “Holiday Party With Andrew and Zoë.” Premiering Dec. 3 at 2 p.m. Magnolia Network, and streaming same-day on Max and Discovery+, this hour-long even is hosted by Magnolia Network staples “Family Dinner” star Andrew Zimmern and Zoë François of “Zoë Bakes” as they throw a mashup Christmas/Hanukkah party for mutual friends in their hometown, Minneapolis.
Jennifer Maas TV Business Writer Even Meghan Markle can’t fathom what has made her old USA Network drama “Suits” pop off on streaming services this year, but she’s here for it. While walking the red carpet at Variety’s Power of Women event Thursday, Markle, The Duchess of Sussex, was informed by Variety’s senior entertainment writer Angelique Jackson that the legal drama has now crossed 45 billion minutes streamed on Netflix and Peacock combined, as of Nielsen’s latest weekly streaming report, released earlier Thursday.
Jennifer Maas TV Business Writer SPOILER ALERT: This article contains spoilers for the Season 1 finale of “Gen V, titled “Guardians of Godolkin,” now streaming on Amazon’s Prime Video. As a member of the “Gen V” cast, Chance Perdomo has gone through many on-set experiences specific to those in “The Boys” franchise: being repeatedly covered in fake blood and bodily fluids, shooting scenes with giant genitalia, and saying some truly filthy lines coming out of a superhero’s mouth. But Perdomo has another surprising connection to “The Boys.” “I came into this as a fan of ‘The Boys,’ I actually had originally auditioned for Hughie, years ago.” I read it and I thought it was such a great script.
Jennifer Maas TV Business Writer NBCUniversal has laid off less than 50 employees across three divisions: Peacock marketing, NBCUniversal Entertainment and ad sales. The majority of these cuts, approximately 30 to 40, were made at Peacock as part of a restructuring under CMO Shannon Willett, a source within the company told Variety.
Jennifer Maas TV Business Writer Disney+ topped 150 million streaming subscriptions by the end of its fiscal fourth quarter of the year, up from 146.7 million in the previous quarter. On Wednesday, Disney reported Core Disney+ subscriptions are at 112.6 million subs, as of the quarter ended Sept. 30, and the India-based Disney+ Hotstar is at 37.6 million.
Jennifer Maas TV Business Writer “The Boys” Season 4 will pick up where “Gen V” Season 1 left off, just ahead of an in-universe presidential election. And from the looks of the first promo images released by Amazon for the new episodes of “The Boys,” the Vought supes led by Homelander (Antony Starr) are going to have a good Election Day, and Billy Bucher (Karl Urban) and The Boys are going to be left crushed by defeat.
Gwyneth Paltrow has been on an acting hiatus with her last on-camera work being in 2020’s Season 2 of The Politician.
“Maxine’s Baby.”The 54-year-old multi-talented Oscar winner appeared on the daytime talk show to promote the Prime Video doc, which dives into his traumatic childhood and surviving his abusive father, the uneasy road to box office success, and his mother Maxine’s unwavering love. Willie Maxine Perry, after whom Tyler modeled his famous Madea character after, died of cancer in December 2009.“This film, I will watch every time I need my own power,” Haines raved to Perry at “The View” table on Tuesday. “I wanted to run laps.
Criterion Collection for a month-long 50% off winter sale — with all DVDs, Blu-rays and 4K Ultra HD discs marked down, sitewide. We rounded up the best deals on Criterion Collection releases, including Orson Welles’ “Citizen Kane,” Spike Lee‘s “Do The Right Thing,” Whit Stillman’s “The Last Days of Disco” and much more. In fact, even boxed sets are half off, such as Krzysztof Kieślowski’s “The Dekalog” and Steve McQueen’s “Small Axe” anthology.
Prince Harry has reportedly turned down an invitation to his father, King Charles III's 75th birthday party, making it the second time he's rejected an olive branch in recent months. The Duke of Sussex, who lives in California with his wife Meghan Markle and their two children, Prince Archie and Princess Lilibet, was invited to a celebration at Clarence House next week.
Manchester City have had nearly a full week to bask in their comprehensive victory over Manchester United but now focus is set on this weekend's Premier League action.
Jennifer Maas TV Business Writer SPOILER ALERT: This article contains spoilers for Episode 8 of “Gen V,” the Season 1 finale (“Guardians of Godolkin”), now streaming on Amazon’s Prime Video. Marie (Jaz Sinclair) survived her first semester at supe college Godolkin University — barely — but it doesn’t look like she’s going into a second one any time soon. As the Season 1 finale of “The Boys” spinoff “Gen V” concludes, Marie and her friends stuck inside some kind of hospital room with no doors and no clue how they got there. For now, “Gen V” co-showrunner Michele Fazekas is mum on what comes next.
Sandra Bullock has kept a low profile since the death of her longtime partner, Bryan Randall. She was spotted for the first time since his passing last Thursday, October 26, and this week, the 59-year-old was photographed again in Los Angeles, where she appeared in great spirits.The Miss Congeniality star spent some time at a local beauty spot where she had some well-deserved pampering.
Jennifer Maas TV Business Writer AMC Networks reported its third-quarter 2023 earnings Friday, revealing it had added 100,000 subscribes across AMC+ and its other niche streamers in Q3, following two straight quarters of declining subs. Streaming subscribers stand at 11.1 million as of Sept. 30, up 1% from where they ended at 11 million at the conclusion of Q2 in June.
Jennifer Maas TV Business Writer Chip and Joanna Gaines‘ Magnolia Network is producing four unscripted series with a family-friendly focus for Max, including one called “Human vs Hamster” that, aptly, pits humans against hamsters in challenges. The unscripted projects, which are set to debut in 2024, are described as “ambitious large-scale competitions” and “out-of-the-box social experiments” that are intended to create a co-viewing experience on Max for parents and children.
Jennifer Maas TV Business Writer “House of the Dragon” Season 2 will premiere next summer on HBO, network chief Casey Bloys announced during a press event Thursday. At the media presentation, the first trailer for the second season screened exclusively for members of the media, who are not allowed to report details about the contents of the footage. Bloys previously told Variety that HBO was targeting a Summer 2024 premiere for the second season.
Carole Horst The Exchange has picked up world sales rights to “The Islander,” starring Harry Connick Jr. Variety can share an exclusive first look of the romantic feature. The Exchange will be introducing the title to buyers at AFM, which kicks off Oct.
Jennifer Maas TV Business Writer “Bobby’s Triple Threat” has been renewed for a third season at Food Network. Hosted by Bobby Flay and featuring his three culinary “titans” — Tiffany Derry, Michael Voltaggio and Brooke Williamson — the show sees the trio go up against a new guest chef and mystery judge each episode, with each titan being responsible for one of three courses in the successive cooking competition with a $25,000 weekly prize. “Bobby’s Triple Threat” Season 2 debuted Aug.