Audioboom shares soar on record profit with US election to boost podcast demand October 15, 2024 Audioboom shares soared nearly 19 per cent on Tuesday as the podcast streamer posted record revenue and profit, and said it is set to “significantly outperform” expectations, especially with demand from the US election. The London-listed company booked record third quarter revenue of $18.8m (£14.4m), up from $14m (£10.7m) in the same period last year. It [...]
Investors brace for Netflix third quarter results screening October 13, 2024 Netflix is set to post quarterly earnings on Thursday, with analysts expecting another strong set of results from the king of streaming. An analyst consensus has forecast third quarter sales of around $9.8bn (£7.5bn) up 14 per cent year-on-year, and net income of $2.2bn (£1.7bn), with earnings per share expected at $5.07 (£3.88). In July, [...]
Netflix: Record profit after password sharing crackdown October 9, 2024 A crackdown on password sharing in the UK helped profit at Netflix surged to a new record in 2023, it has been revealed. The London-headquartered division has reported a pre-tax profit of £60.6m for its latest financial year, according to newly-filed accounts with Companies House. The new total comes after the streaming giant posted a [...]
Rupert Murdoch’s Fox to roll out free Tubi streaming service in UK to rival Disney+ and Netflix July 2, 2024 Rupert Murdoch’s Fox Corporation is set to launch its ad-supported free streaming service, Tubi, in the UK.
Jerry Seinfeld debut as director, Unfrosted, is a limp vanity project May 9, 2024 Unfrosted feels like a lazy compilation reel, a 90 minute-long box of empty calories. Jerry Seinfeld can surely do better.
Premier League hits six major UK internet providers including Sky with legal application May 1, 2024 The Premier League has issued new legal proceedings in an English court against several internet service providers which includes Sky and BT.
‘The superstars are getting smaller’: Why emerging artists are Spotify’s golden ticket March 23, 2024 Despite industry concerns about the viability of these platforms as a way for small artists to make money, according to Spotify’s yearly report into music streaming Loud & Clear - it's starting to actually make money.