Sony Warns of Potential $686 Million Profit Hit This Year From Trump Tariffs
- May 14, 2025
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Paramount Misses Q4 Expectations, But Narrows Streaming Losses 42% to $286 Million
The media giant is on track to reach domestic streaming profitability in 2025 as it awaits FCC approval for its $8 billion Skydance merger
The post Paramount Misses Q4 Expectations, But Narrows Streaming Losses 42% to $286 Million appeared first on TheWrap.
Sony Raises 2024 Outlook as Gaming, Music Boost Q3 Revenue 18% to $29 Billion
The Japanese multinational conglomerate’s quarterly results were weighed down by an 18% drop in operating profit at Sony Pictures Entertainment
The post Sony Raises 2024 Outlook as Gaming, Music Boost Q3 Revenue 18% to $29 Billion appeared first on TheWrap.
Amazon Ad Revenue Rises 18% to $17.3 Billion in Q4
Sales for subscription services, which includes Prime Video, grew 10%to $11.5 billion during the quarter
The post Amazon Ad Revenue Rises 18% to $17.3 Billion in Q4 appeared first on TheWrap.
YouTube Ad Revenue Rises 13.8% to $10.5 Billion in Q4
Alphabet CEO Sundar Pichai credited the company’s “leadership in AI” for the growth
The post YouTube Ad Revenue Rises 13.8% to $10.5 Billion in Q4 appeared first on TheWrap.
Netflix Tops 300 Million Subscribers Globally, Adds Record-Breaking 19 Million in Q4
The streamer saw revenue surge 16% year over year to $10.25 billion
The post Netflix Tops 300 Million Subscribers Globally, Adds Record-Breaking 19 Million in Q4 appeared first on TheWrap.