Revenue and Sales
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Peloton reports a drop in revenue and subscribers and an increase in churn for the fourth quarter of fiscal 2023.
Gannett, the largest newspaper chain in the US, reported mixed results for Q2 but is optimistic about the balance of 2023.
Amazon announced plans to host Prime ‘Big Deal Days’ in October, an exclusive sales event for Prime members.
Disney’s direct-to-consumer streaming subscribers services lost $512M in the third quarter of 2023.
At the end of Q2 2023, The New York Times Company has 9.88M total subscribers, including 9.19M digital-only subscribers.
This week, AMC Entertainment proudly announced they had the best second quarter in four years.
Warner Bros. Discovery saw a 4% decrease in revenue and a loss of 1.8M subscribers in the second quarter 2022.
Amazon doubles its net income compared to the first quarter and reports an 11% increase in net sales YOY.
Last week, Meta reported a strong second quarter of 2023 with double-digit revenue and net income increases.
Microsoft’s stock dipped this week after the company reported their fourth quarter financials for fiscal year 2023.
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