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YouTube turns 20 and is on track to be the biggest media company by revenue
Nurphoto | Nurphoto | Getty Images Twenty years ago today when Jawed Karim uploaded a grainy 19-second clip titled “Me at the Zoo” to his new platform, YouTube, he ushered in a new era in online video. The video of Karim visiting the San Diego Zoo was the first to appear on YouTube, the video […]
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Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge
In this article NMAX Follow your favorite stocksCREATE FREE ACCOUNT A Newsmax booth broadcasts as attendees try out the guns on display at the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 29, 2022. Callaghan O’hare | Reuters Shares of conservative news channel Newsmax plunged more than 70% on Wednesday as its meteoric […]
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Conservative news channel Newsmax spikes more than 500% in first trading day on NYSE
Fox News and Newsmax television studios are seen in the Fiserv Forum on the day before the Republican National Convention (RNC) on July 14, 2024, in Milwaukee, Wisconsin. The RNC will be held in Milwaukee from July 15-18. Joe Raedle | Getty Images News | Getty Images Newsmax went public on the New York Stock […]
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Venu is done. Here’s how Fox, Disney and WBD plan to go it alone in sports streaming
An advertisement for Venu Sports, the sports streaming venture by Disney, Warner Bros. Discovery and Fox, hangs at the Fanatics Fest event in New York City on Aug. 16, 2024. Jessica Golden | CNBC With Venu done before it even got out of the starting blocks, Fox Corp., Disney and Warner Bros. Discovery have been […]
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StockStory: A volatile tech stock worth owning for the long-term because of its dominance of a niche area
This is one of the stock profiles of StockStory , a fintech investing company seeking to identify long-term ideas that beat the market using an AI-driven approach. Previously StockStory covered Cloudflare (NET) and Howmet Aerospace (HWM) . As the world digitizes, buying advertising inventory is moving from power lunches to programmatic platforms that leverage data […]
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Super Bowl 59 attracts record 127.7 million viewers
Philadelphia Eagles head coach Nick Sirianni and Jalen Hurts celebrate with the Vince Lombardi Trophy after winning Super Bowl LIX Mike Segar | Reuters The Philadelphia Eagles weren’t the only ones who scored big at the Super Bowl. The NFL’s championship game attracted a record 127.7 million viewers on Sunday, according to Nielsen Media Research. […]
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Even at $8 million per Super Bowl commercial, ad executives say it’s still bang for your buck
NEW ORLEANS, LOUISIANA – FEBRUARY 03: A detailed view of drink koozies seen during an event ahead of Super Bowl LIX at Caesars Superdome on February 03, 2025 in New Orleans, Louisiana. (Photo by Jonathan Bachman/Getty Images) Jonathan Bachman | Getty Images Sport | Getty Images Advertisers shelled out up to $8 million for a […]
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Fox reveals plans to launch subscription streaming service this year
FILE PHOTO: A Fox News channel sign is seen on a television vehicle outside the News Corporation building in New York City, in New York. Shannon Stapleton | Reuters Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV content said Tuesday it’s aiming to launch […]
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The Super Bowl will stream for free on Tubi, a big move for Fox’s streaming strategy
The last time Fox Corp. aired the Super Bowl, it featured buzzy commercials about its streaming service, Tubi. This year, the broadcaster is taking a bigger leap with the free, ad-supported streamer. It’s offering football’s biggest game on the service, too. “This time it’s less about shocking viewers and more about being in our credibility […]
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These companies reporting next week have momentum going into earnings
A few companies have momentum by their side ahead of their quarterly results out next week. The fourth-quarter earnings season is off to a strong start, with just more than 77% of S & P 500 companies that have reported exceeding expectations. That is well above the 10-year average of 75%, per FactSet . Heading […]
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