Proceeds from retransmission consent drove a 3% increase in revenue for Tribune Media in the first quarter, but the company also saw a 3% gain in expenses due to higher network affiliate fees. The quarterly report is likely one of its last as a stand-alone company. Nexstar Media’s pending $4.1 billion acquisition of…

Viacom delivered a mixed second-quarter financial report Friday, with earnings of 93 cents a share handily beating Wall Street forecasts, but revenue missing targets due to a downturn in domestic advertising. Total revenue of $2.96 billion declined from $3.15 billion in the year-ago quarter, falling short of the…

Disney CEO Bob Iger and CFO Christine McCarthy took on a range of topics during the company’s second-quarter earnings conference call with Wall Street analysts Wednesday after the company reported strong results. Among the notable takeaways from the call were Iger asserting a cautious approach to Hulu — of which…

Roku, a key enabler of the streaming revolution, reported strong first-quarter results that sent its stock surging in after-hours trading. Revenue of $206.7 million handily beat Wall Street forecasts of $192 million. On an adjusted basis, EBITDA swung to $10 million from a loss of $800,000 in the year-ago…

Fox brought down the curtain on its previous chapter as the larger media entity 21st Century Fox, reporting third-quarter results that exceeded Wall Street expectations. Excluding items, earnings per share came in at 76 cents, almost a dime better than estimates, and revenue of $2.75 billion beat forecasts for $2.61…

Disney is continuing to deliver the goods, reporting second-quarter financials substantially better than Wall Street analysts’ forecasts. Earnings per share came in at $1.61, four cents better than the consensus, while total revenue of $14.92 billion was nearly $400 million ahead of the Street’s outlook. CEO Bob Iger…

Streaming dominated Thursday’s CBS conference call with analysts to discuss first-quarter results. While the quarter did not quite meet Wall Street expectations, CBS All Access and Showtime marked a seventh straight quarter of dynamic growth, and CBS digital chief Jim Lanzone joined the call to offer more color on the…

CBS Corp. met Wall Street analysts’s expectation for first-quarter earnings, at $1.37 per share, but fell short of revenue targets by $140 million despite reaching a company-record level for the quarter, at $4.17 billion. Revenue rose 11% over the same quarter a year ago, powered by on stronger ad revenue, including…

Discovery, reporting financial results on a pro forma basis for the last time after closing the Scripps Networks Interactive deal, posted first-quarter numbers that met Wall Street expectations for revenue and beat them for earnings. Revenue rose 17% (or 21% excluding the impact of foreign currency fluctuations) from…

Apple posted improved results for its fiscal second quarter, with earnings per share of $2.46 per share outdoing analysts’ consensus forecast of $2.37. The company on Tuesday reported total revenue of $58 billion for the period ending March 31, also exceeding estimates for $57.5 billion. Apple stock fell 2% during the…

Alphabet, the parent company of Google, reported first-quarter earnings of $9.50 per share, well below Wall Street forecasts, as a European Commission fine put a dent in its results. Not counting the $1.7 billion fine, earnings would have hit $11.90 a share. Analysts had expected $10.58. Revenue gained nearly 17% over…

Sony Corp is reporting its full year 2018 earnings from Tokyo this morning with a 30% hike in profits at the Pictures division to $489M. For the fiscal year ended March 31, 2019, the electronics and entertainment giant overall increased operating income by 22% to $8B. Sony Pictures Entertainment did see a 3%…