Netflix Subscriber Growth Surges In Q3-2021
Netflix reported this week that it added 4.4 million subscribers during Q3-2021, more than doubling the number from the previous quarter, and far above the forecasted 3.50 million. The No. 1 global streaming giant ended the quarter with 213.56 million subscribers. The Q3 growth, which…
Disney+ Added 58.5M Subs In Last Year
Direct-to-consumer streaming subscription video on demand (SVOD) is paying off very well for The Walt Disney Co., according to a Q3 report released Thursday. The media giant’s premium Disney+ premium SVOD service ended the period (July 3rd) with 116 million subscribers, reflecting a gain of…
TCL 1H Financial Data Shows No. 3 Market Share For Global TV Sales
China-based TV, electronics and smartphone manufacturer TCL recently released interim sales and performance data for the first half of 2021 showing the brand rankings No. 3 in the world for TVs as it continues to grow its international businesses. TCL Technology Group issued a 1H…
AT&T Reveals Pay-TV Subscriber Losses Slowed In Q2-2021
Due to release its Q2-2021 financial statement on July 22nd, media Goliath AT&T issued a preliminary SEC filing Friday showing the video subscriber count for the combined DirecTV, AT&T TV and AT&T U-verse divisions totaled 15.412 million, marking a 2.3 million subscriber loss year-on-year from…
Roku Reports Strong Q1 2021
Issues with Google’s YouTube TV aside, Roku continued to post positive results in its 2021 first quarter financial report with a 79% growth in net revenue year-on-year to $574.2 million. In the period, the streaming devices and services company reported an operating income of $75.8…
Disney+ Garners 73M Paid Subscribers In First Year
What do the new Disney+ service and presumptive President-Elect Joseph Biden have in common? They each reported more than 73 million supporters and growing in November. As part of its fiscal fourth quarter earnings report Thursday, Disney revealed that in just over a year since…
Samsung Guidance Shows Big Q3 Sales, Profit Gains
The COVID-19 pandemic might be hurting some businesses, but it seems to have significantly helped Samsung Electronics, according to the company’s Q3-2020 earnings guidance statement Thursday. The South Korean consumer electronics giant reported a Q3-2020 operating profit of 12.3 trillion won (approximately $10.6 billion) and…
Samsung, LG Report Q2 Earnings In The Wake Of COVID-19
Two of the world’s most important, and powerful, AV electronics companies issued second quarter financial reports from South Korea Thursday showing difficult profit trajectories in the coronavirus pandemic, with both citing weakened results from its smartphone businesses, but otherwise nice gains from consumer electronics items…
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