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Lionsgate turned in another strong quarter — helped again by the studio’s blockbuster biopic on the King of Pop. For the three months ended Sept. 30, Lionsgate’s Q2 of fiscal 2026, the company reported revenue of $668.8 million, up 41% year over year. Operating income came in at $29.1 million, versus an operating loss of […]
Versant Media said third quarter profit fell as its dependence on traditional media properties forced it to navigate with drops in cash from both advertising and distribution even as the company acquires new direct-to-consumer operations and launches digital businesses tied to its linear properties. The owner of MS NOW, CNBC and USA said net income […]
Roku’s financial engines are cranking in overdrive ahead of the streaming platform company’s takeover by Fox Corp. next year. For the third quarter, Roku handily topped Wall Street earnings expectations, with top-line growth of 24% to $1.50 billion in revenue. Total gross profit was $649 million, up 24%, and Roku generated net income of $183 […]
Apple continued to see sales in its flagship iPhone family balloon, while the tech giant’s services business hit a new all-time high, in the first earnings report under CEO John Ternus. The financial results were for Apple’s fiscal 2026 fourth quarter ended Sept. 26, 2026. Total iPhone revenue of $57.58 billion increased 17% and Apple’s […]
Fox Corporation said profit in its fiscal first quarter was bolstered by advertising revenue tied to its multi-week telecast of the FIFA World Cup as well as increases in political ads and in the number of subscribers to its TV networks — dynamics that many traditional media corporations are hard-pressed to duplicate in the streaming […]
