In brief: Sinclair’s total Q2 advertising revenues declined 25% from $491m in Q2 2021 to $366m in Q2 2022.
ARCHIVE ▸ The Media Leader Staff
In brief: over half (57%) of Stagwell’s Q2 revenues were attributed to digital services, with organic year-over-year growth in digital revenues of 28%.
Paramount+ added 3.7 million net subscribers to grow to 43 million globally and grew revenue 120%
In brief: In addition, Roku has created a dedicated live TV guide for Paramount+ live content, the first time it has done so.
In brief: the closure follows objections from Conservatives over concerns that user data on TikTok can be accessed from China.
In brief: Facebook has earned significant ad revenue from anti-abortion orgs who have paid to run ads that spread misinformation about abortion procedures.
In brief: The New York Times Company added 180,000 digital-only subscribers in Q2 2022, but generated 2.4% less revenue than Q2 2021.
Partner content: Representing people from diverse communities has never been so important, but according to those communities, brands can get it wrong as often as they can get it right.
The New York Times has named Matt Purdy as editor at large, a new leadership position shaping the paper’s “most ambitious enterprise” and competitive investigative reporting.
In brief: Forbes is exploring a sale for at least $630m after failing to go public via a SPAC.
