Tag: Earnings
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Roku Ended 2023 With 80 Million Active Accounts as its Losses Narrowed
Roku on Thursday said it ended 2023 with 80 million active accounts, which amounted to 29.1 billion streaming hours. The company, which reported its fourth-quarter results on Thursday, said it added 4.2 million net new accounts in the fourth quarter. The company noted that its base of users is larger than the subscribers of the…
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Disney+ Lost 1.3 Million Customers After Price Hike as Streaming Services Lost $138 Million
Walt Disney’s streaming services continued to lose money, and its efforts to tighten its belt are having an effect on its customer base. In an effort to get Disney+ and Hulu into the black, the company took steps like removing content from Disney+ and Hulu, raising prices, and moving forward with a password sharing crackdown.…
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Amazon Says the Audience for Thursday Night Football on Prime Video Grew 24% As Earnings Surged
Amazon said that the total viewership for NFL Thursday Night Football rose by 24% over the previous season, with the November 30 game between the Seattle Seahawks and Dallas Cowboys marking a high point with 15.3 million viewers. The numbers came out of Amazon’s fourth-quarter earnings report, in which the company posted a profit of…
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YouTube Ad Revenue Rose 16% to $9.2 Billion
YouTube advertising continues to pay off for Google. Google’s parent, Alphabet, on Tuesday reported fourth-quarter results, which saw YouTube ad revenue rising of $9.2 billion. That figure is up 15.9% from its year-earlier tally of $7.96 billion. The revenue comes amid a crackdown on ad-blocking software and a concerted effort to lure users onto its…
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T-Mobile Says it Added 541,000 5G Home Internet Customers the Same Day Comcast Posted Broadband Losses
T-Mobile continued to be on a tear on the broadband front, adding 541,000 5G home internet subscribers in the fourth quarter, which has a good chance of exceeding all other broadband providers — combined. The results were part of the fourth-quarter results the company reported on Thursday. Earlier that morning, Comcast reported losing 34,000 broadband…