![]() ![]() While the weakness has moderated somewhat, we anticipate that some softness may continue into the back half of the fiscal year,” said Disney CFO Christine McCarthy during the company’s earnings call on May 10.ĪMC Networks, Disney, NBCUniversal, Paramount and WBD all reported year-over-year TV ad revenue declines for the period. “The overall entertainment advertising marketplace has been challenging. pay-TV providers.Ĭompanies’ streaming businesses were a relative bright spot in Q1 compared to their TV advertising businesses. ![]() And then, of course, the pay-TV business’s subscriber base eroded some more, by an estimated 2.3 million subscribers across U.S. AMC Networks lost 300,000 subscribers, and Dish Network’s Sling TV lost 230,000. Disney wasn’t the only streaming subscription business to end Q1 smaller than it entered. ![]()
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