TelevisaUnivision said flagship streaming service Vix now has 50 million monthly active users, up 70% over this time last year.
25.04.2024 - 21:07 / deadline.com
Shares of Snapchat parent Snap popped 26% in late trading after the social media network said revenue jumped more than expected last quarter to $1.95 billion, up 21% from 2023. The number, and the outlook for the current quarter were nicely above Wall Street forecasts, as were daily active users, which hit 422 million.
Snap shares tend to be volatile — up or down — in response to quarterly earnings and today is no exception.
The company said the upbeat number was driven by improvements in its advertising platform and an increase in demand for its direct-response advertising offerings. The company has hard a hard time competing with giants Facebook and has been working on its platform for years.
Snapchat+ grew to more than 9 million subscribers in Q1.
Higher revenue drove adjusted EBITDA of $46 million and free cash flow of $38 million in
“The value we provide our community and advertising partners has translated into improved financial performance,” said CEO Evan Spiegel in a statement. “Our large, growing, and hard-to-reach community, brand-safe environment, and full-funnel advertising solutions have made us an increasingly important partner for businesses of all sizes.”
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TelevisaUnivision said flagship streaming service Vix now has 50 million monthly active users, up 70% over this time last year.
Ethan Shanfeld Anne Hathaway and Nicholas Galitzine’s age-gap romantic adventure “The Idea of You” attracted nearly 50 million worldwide viewers in its first two weeks on Prime Video, becoming Amazon MGM’s No. 1 romantic-comedy debut of all time, according to the studio.
Annika Pham Scandinavia’s top sales agent TrustNordisk has scored major deals on the English-language epic “Stockholm Bloodbath” by Oscar-nominated Mikael Håfström (‘Evil”), which has sold to Brainstorm Media and Sunrise Films for the US and Canada, The Jokers for France and Divisa Red for Spain. The Claes Bang-vehicle, produced by Helena Danielsson for Viaplay Studios Sweden, is due to screen at the Cannes Market May 18, in a new international version.
Nicholas White Hollywood’s support for Race to Erase MS kept rolling into its 31st year Friday at the Fairmont Century Plaza in Los Angeles, helping the Nancy Davis-led charity raise $1.5 million to multiple sclerosis research. The night’s headlining musical act, Natasha Bedingfield, played a medley of hers and others’ songs, including her 2000s-era hit “Unwritten,” which was recently given a new life in “Anyone but You,” and Bill Withers’ “Lean on Me,” which she sang alongside Davis and friends. Bedingfield was introduced by Casey Affleck.
Succession star Jeremy Strong is reportedly in talks to star in the upcoming Bruce Springsteen biopic Deliver Me From Nowhere.Per a report via Variety, Strong is apparently in the running for the role of Jon Landau, Springsteen’s longtime manager. Landau first took notice of Springsteen in 1974 when he was a music critic, and was hired as The Boss’ manager in 1975.Between 1975 and 1992, Landau co-produced nine albums with Springsteen including classics like ‘Nebraska’, ‘Born In the U.S.A.’ and ‘Born To Run’.Should Strong be cast as Landau, he will star alongside The Bear‘s Jeremy Allen White, who will portray Springsteen.
Jaleel White is now a married man!
Brian Steinberg Senior TV Editor Fox Corp. said it swung to a profit in its fiscal third quarter despite slumps in advertising revenue, largely due to the absence of charges associated with a massive legal setback tied to Fox News Channel and a boost in affiliate fees.
As any busy parent knows, it's tough finding the perfect pushchair - especially when you're looking to take it on holiday.That heavy duty workhorse whcih transports the kids to school so beautifully can feel like a monster when lugging it on and off the luggage carousel. And that's not to mention the worry that's you'll damage your expensive go to, or have it stolen.
A dispersal order has been put in place across Stockport town centre after a large gang of youths caused havoc at the bus station. Police made four arrests during the disturbance on Saturday night.
86TVs – the band made by former Maccabees members – have announced details of a self-titled debut album. Check out the new single ‘Tambourine’ below.The band, comprised of The Maccabees alumni Hugo and Felix White, their brother Will White, and drummer Jamie Morrison (Noisettes and Stereophonics), first burst onto the scene as 86TVs with their debut EP ‘You Don’t Have To Be Yourself Right Now’.Now, the band are preparing to share their first full-length album, with the eponymous LP set to arrive on August 2.To celebrate the announcement, the group have dropped the intriguing new single ‘Tambourine’ – which was written as one of their first-ever tracks after forming.“‘Tambourine’ was the first song we started working on as a band.
Made In Chelsea star Harvey Armstrong worked as a high-flying accountant before joining the cast of the poshest show on telly in 2019.The reality star, 29, ounder of craft beer start-up Prime Time Lager, made a name for himself on the show as Sophie Habboo’s ex, and then for his rollercoaster relationship with model Emily Blackwell.The latter ended in tears after two years in 2021, after Harvey admitted he had cheated. Here, Harvey, 28, who was speaking to OK! at the launch of 2023 Apprentice winner Marnie Swindell 's newly-refurbished Bronx Boxing gym in London, tells us about the new Turkish cast member he’s dating, Zeylo Taylan - and what his devastating split from Emily taught him… Harvey, you’ve embarked on a new romance - tell us more… Yeah, it’s a new girl on the show this series, Zeyno, she’s really sweet. It’s been a serious thing for a few months now at least.
Todd Spangler NY Digital Editor Brian Roberts, chairman and CEO of Comcast, had a compensation package worth $35.47 million in 2023, as he saw his pay rise 11% from the year prior. Roberts, who oversees the cable giant and NBCUniversal, last year had a salary of $2.5 million, stock awards worth $15 million, stock options worth $9.2 million and a $8.55 million cash incentive bonus. In 2022, his compensation totaled about $32.1 million.
EXCLUSIVE: Jackson White (Tell Me Lies) has been tapped to star opposite Lily James in the upcoming film inspired by the story of Bumble founder Whitney Wolfe Herd, from 20th Century Studios and Ethea Entertainment.
Ant McPartlin and his wife Anne-Marie are embarking on an exciting new chapter with their baby on the way. While Ant continues to charm the nation on Britain's Got Talent, he's decided to take a breather from his usual presenting roles, including a temporary halt on Saturday Night Takeaway, to dedicate time to family life. He's already embracing his role as step-dad to Anne-Marie's two children from her previous relationship.
Facebook parent Meta posted solid quarterly financials today with revenue and EPS beating Wall Street expectations, but investors dinged the stock on high expenses and lower than anticipated revenue for the current quarter. Shares are down 10% in after-market trading.
Todd Spangler NY Digital Editor Social-media powerhouse Meta punched in huge sales growth for the first quarter of 2024, as Mark Zuckerberg’s “year of efficiency” job cuts last year paid off with net income more than doubling. The company, parent of Facebook, Instagram and WhatsApp, reported Q1 revenue of $36.46 billion, up 27%, and net income soared 117% to $12.37 billion (or $4.71 per share). The results topped Wall Street expectations.
Todd Spangler NY Digital Editor Spotify reeled in fewer new users overall than it expected in the first quarter of 2024, but the audio-streaming giant touted “record strength” in profitability. Total monthly active users (free and paid) grew 19% year over year to 615 million, a gain of 13 million from the previous quarter — which missed its guidance by 3 million. Spotify said “moderated marketing activity” led to “more normalized growth” following 2023’s record performance (when it added 26 million new MAUs in Q1).
It doesn’t seem like Kelly Clarkson and her ex Brandon Blackstock are EVER going to stop duking it out in court, does it?
Six years on since her world came crashing down, Lisa Armstrong is finally ready to put the past behind her - and even extend what looks like an olive branch to her ex-husband, Ant McPartlin. Lisa and Ant were together for more than two decades and married for 11 years. But when their relationship crumbled in early 2018, they decided to call it quits.Their divorce came not long after Lisa faithfully stood by Ant when his career nearly sank, following an alcohol and prescription addiction scandal and drink-driving conviction.
Singer Olly Murs and wife, Amelia Tank have welcomed a beautiful bouncing bundle of joy on Wednesday, 17 April and have revealed her sweet name as Madison, delighting fans with the perfect name choice. The 'courageous' name, according to Mummypages, is a popular English name but is also widely used in Australia, America and Ireland. Derived from "son of Matthew" or "Matthew's son", the name also means 'strength in battle' from the Old High German maht (strength) and hiltja (battle).