Tag Archives: Trend

Roku cuts profitability outlook for 2019

The company’s advertising platform, which has overtaken the company’s hardware sales as the main breadwinner for the firm, saw a 79% increase from $100 million to $179.3 million. Those advertisements run on Roku’s free streaming channels, as well as its main Roku home page. – Daniel Howley, Yahoo Finance » https://ift.tt/2rkDfhI

Cord cutting could claim another 6.2M video subs in 2020, analyst says

UBS predicted that the U.S. pay TV industry will lose another 6.2 million video subscribers in 2020, down slightly from the 6.4 million the analyst firm predicts will be lost in total this year. If that loss comes to bear it will represent a 6.7% rate of decline, ahead of 6.2% in 2019 and well ahead of 1.2% in 2018 when video subscriber losses totaled 1.2 million. – Ben Munson, FierceVideo » https://ift.tt/2rkg5be

YouTuber PewDiePie Is More Liked Than Lebron James Among Gen Z Males, Study Finds

The findings come from research firm Morning Consult, which surveyed Gen Z and millennial consumers to gauge sentiment toward influencers. The study found 88% of those surveyed said it’s important for influencers to genuinely care about their interests, which “inspiration,” “aspiration” and “voyeurism” among the top reasons young Americans follow influencers. – Todd Spangler, Deadline Hollywood » https://trib.al/t7qNBF8 [photo:PewDiePie]

Comcast loses 238K video subscribers in Q3

Video still accounts for the biggest chunk of the Comcast Cable business and the segment’s $5.54 billion in revenue was down just 0.9% from the year prior. In the meantime, Comcast’s broadband and business services revenues both rose 9.3% to $4.72 billion and $1.97 billion, respectively. Comcast’s wireless revenues rose more than 38% during the quarter, though it still only accounts for $326 million of the segment’s $14.58 billion in consolidated revenues, which were up 4% year over year. – Ben Munson, FierceVideo » https://ift.tt/2qF4Sl7 [photo: Orin Zebest/Flickr]

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