Sports Weathers Gnarly Ad Quarter While Everything Else on TV Tumbles
The second quarter of 2025 proved to be a rough patch for sports’ biggest media partners, as stressors on the ad market, seasonal declines in political spend and an…
earnings
Under Armour Stock Tumbles as Q1 Results Fall Short
Under Armour fell short of analyst expectations on nearly every segment in the first quarter, and while founder and chief executive officer Kevin Plank sought to put a…
Paramount’s Redstone Era Ends as Skydance Takeover Awaits
In its final earnings call before David Ellison’s Skydance Media closes its $8 billion takeover of Paramount, the parent company of the CBS broadcast flagship did not…
Fubo Beats Q3 Results and Projects Better Sales, but Shares Drop
FuboTV announced third quarter earnings Friday that beat analyst expectations, with revenue topping $386 million as the sports-centric streaming service saw a 6% gain in…
Comcast Books Record $1.91 Billion in Paris Olympics Revenue
NBC Sports’ coverage of the Paris Summer Olympics served up massive ratings and a profit for parent company Comcast, as the 17-day event generated a record $1.906…
Sportradar Sales Up 29% on American Betting, Raising Outlook
Second quarter earnings for sports data and analytics pioneer Sportradar were up 29%, led by a 59% jump in business in the U.S., the company announced Tuesday morning…
Fubo Q2 Results Lifted by Baseball, Soccer; CEO Hits Venu
Sports-centric broadcaster Fubo posted its sixth-straight quarter of annual growth as stronger baseball demand, along with early summer cricket and soccer tournaments…
Fox Ad Revenue Flat at $1B, as Profit Slips to $320M
Fox Corp.’s fiscal Q4 delivered a mixed bag for the company, with advertising essentially flat from the same quarter last year, overall revenues up slightly and profits…
After CEO’s Ouster, Paramount Isn’t Fielding Any Questions
Less than a half-hour after Paramount formally announced the departure of CEO Bob Bakish, the company declined to take questions from analysts during a decidedly terse…
NFL Helps Peacock Book $1.1 Billion While Streamer’s Losses Narrow
Comcast’s streaming platform continues to see downstream effects from its exclusive coverage of a Jan. 13 NFL Wild Card game, as Peacock closed out the first quarter of…
Nike Beats Q3 Sales and Earnings Projections
Nike Inc. got a lift on Thursday afternoon after the company reported sales and earnings results that beat expectations, Footwear News reported. For the third…
How VF, Under Armour, Wolverine Turnaround Plans Are Progressing
After a rocky 2023, some major shoe brands say they are finally turning the corner, Footwear News reports. In the last few weeks, executives from VF Corporation…
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