YouTube continues to be the dominant player in ad-supported streaming, reporting Q4 advertising revenue of $10.5 billion, up from $9.2 billion a year ago, and surging past $10B in a quarter for the first time. YouTube reported ad revenue of $8.9 billion in Q3. The Google-owned video platform is by far the biggest player in ad-supported streaming video, and frankly...

Wicked maintained its top grossing spot on Broadway, bringing in $2.3 million last week, while All In: A Comedy About Love moved into the number two spot for the week, bringing in just over $2 million. The jump at All In came as the show, which features a rotating cast acting out short stories, was led by Jimmy Fallon, Lin-Manuel...

Warner Bros. Discovery has promotedRyan GouldandRobert Bobby Voltaggioto presidents of U.S. advertising sales. Gould joined the studio in 2012 when Turner Broadcasting bought Bleacher Report, and was most recently head of streaming, digital and advanced advertising sales and client partnerships at WBD since 2023. Voltaggio joined then Discovery in 2005 in ad sales and was promoted to head of revenue...

AMC Networks says that it is launching a first-to-market piece of ad tech that will connect viewership of its linear and streaming programming to consumer purchasing decisions, without having to wait weeks or months for detailed post-campaign analysis. AMC announced the new product, AMCN Outcomes, at a tech breakfast for commercial partners in New York Tuesday, with other meetings set...

Uber Eats 2025 Super Bowl uncovers a remarkable conspiracy: Football was created to make people hungry. So for its Big Game spot, the brand is revealing the dark secret history of football, with Matthew McConaughey portraying the inventor of the game, Matthew McConaughey playing the founder of the Buffalo Bills, Matthew McConaughey playing Mike Ditka, Matthew McConaughey playing Peyton Manning,...

2025 is going to be a big year for both Matt Damon and David Beckham. Beckhams Inter Miami is set to compete in the FIFA Club World Cup, and Damon is about to begin filming Christopher Nolans next film, based on an epic by the greek poet Homer. I literally have an odyssey in front of me, says Damon, speaking...

Spotify reported its first full-year profit Tuesday, and an additional 35 million monthly active users. The audio giant reported 675 million monthly active users, the largest fourth-quarter increase in Spotifys history, as the company reported momentum from strong holiday and Wrapped campaigns. Paid subscribers grew 11 percent year over year to 63 million, up from 252 million last quarter and...

Fox reported a blowout earnings report Tuesday, with the 2024 presidential election and a stacked live sports schedule seeing quarterly revenue rise by 20 percent year over year to $5.1 billion and net income more than doubling to $388 million. Advertising revenue topped $2.4 billion in the latest quarter, an increase of more than $400 million year over year. The...

What kind of deals do entertainment and media giants need in the age of technology giants? It is a question that Hollywood management teams and Wall Street are constantly discussing and assessing. Management consulting firm Bain Co., in a newresearch report, shares this guidance: Own the consumer, own the intellectual property (IP), or own nothing. In other words to compete...

The Kansas City Chiefs are pushing further into the entertainment business, launching a production company just ahead of Super Bowl LIX. The new venture, Foolish Club Studios, will develop scripted and unscripted content for both shortform and longform platforms. The Chiefs have already experimented in the sector, as with last years Hallmark Channel film Holiday Touchdown: A Chiefs Love Story;...

Its not just tech moguls that have been getting face time with Donald Trump in the White House. Rupert Murdoch, the owner of Fox News, The Wall Street Journal and New York Post two out of three among the Trump-friendly establishment media outlets made his way to the Oval Office on Monday. Murdoch, who formally stepped back as the chairman...

A new American sovereign wealth fund could acquire ownership in the popular social media app TikTok, President Donald Trump said Monday. Trump signed an executive order that directed theU.S. Treasuryand Commerce Departments to launch a government-owned investment fund. And the American sovereign fund could be used to take a stake in TikTok after Trump on Jan. 19 said he wanted...

Joe Biden has signed with Creative Artists Agency for representation as he begins his post-presidential era. President Biden is one of Americas most respected and influential voices in national and global affairs, said Richard Lovett, co-Chairman of CAA. His lifelong commitment to public service is one of unity, optimism, dignity, and possibility. We are profoundly honored to partner with him...