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A Peacock Olympics graphic.

Peacock lost 500,000 subscribers in Q2, increasing focus on Olympics coverage and price hikes

Some of Peacock's Q1 subscriber gains were lost in Q2, and their Q3 performance will be closely watched around the Olympics.

By Andrew Bucholtz OnJul 24, 2024 0
ESPN BET

Penn Entertainment stock tumbles as ESPN Bet numbers fall short of estimates

"Our financial results were impacted by lower-than-expected hold and spend per user."

By Sean Keeley OnMay 2, 2024 0
Penn Entertainment CEO Jay Snowden in a 2022 GGB Podcasts interview.

Penn sold Barstool to Dave Portnoy for $1 in exit Jay Snowden called ‘obvious to both parties,’ which set up ESPN Bet deal

"It became obvious to both parties that there's quality to one long-term natural owner of Barstool, and that's Dave Portnoy."

By Andrew Bucholtz OnAug 9, 2023 1
Peacock

Rising Peacock losses with stagnant subscribers contribute to Comcast stock drop

Peacock posted $467 million in Q2 losses, up from $363 million in that quarter last year.

By Andrew Bucholtz OnJul 28, 2022 0
ESPN

ESPN and ABC hit some revenue issues in Disney’s third quarter, but less than other divisions, and ESPN+ now has 8.6 million subscribers

The media networks division, which includes ESPN and ABC, saw a boost in operating income, but a lot of that was about programming costs for the NBA in particular not being applied to Q3. Overall, the media networks saw slight revenue declines, but they seem to have less issues than other Disney divisions.

By Andrew Bucholtz OnAug 4, 2020 1
Dish chairman Charlie Ergen in 2015.

Charlie Ergen calls Dish merger with DirecTV “inevitable,” makes overture to Sinclair RSNs after first Sling TV subscriber loss

"The growth in TV is not coming from linear TV providers, but from huge programmers. You just can't swim upstream against a real tide of big players."

By Andrew Bucholtz OnFeb 20, 2020 6
The Disney+/ESPN+/Hulu bundle.

Disney+ has 28.6 million paid subscribers, ESPN+ is up to 7.6 million, and Disney’s making $787 million/month in streaming revenue

The launch of Disney+ has boosted ESPN+ significantly, with a lot of people adding ESPN+ thanks to the bundle with Disney+ and Hulu.

By Andrew Bucholtz OnFeb 4, 2020 1
TheMaven homepage with a SI feature.

TheMaven SEC filing cites $45 million in Q4 revenue, projects millions in savings from SI cuts, discusses new traffic from team sites

TheMaven announced that it beat its revenue projection for this year and that it expects "more than $27 million in operational savings at Sports Illustrated" in 2020 (compared to the magazine's 2018 numbers) from cuts, including further print issue reductions.

By Andrew Bucholtz OnJan 7, 2020 0
Bob Iger on CNBC, Feb. 6, 2018.

Bob Iger unveils $4.99/month ESPN Plus price, calls app ‘future of ESPN,’ after quarter where ESPN held steady relative to ABC

ESPN had a relatively good quarter, compared to both its past results and what happened at ABC.

By Andrew Bucholtz OnFeb 6, 2018 8

Fox

21st Century Fox operating income up 9 per cent, with broadcast sports playing a big role

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