In brief: the $4.1m is in compensatory damages; the jury is still deciding on how much Jones must pay in punitive damages.
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In brief: Sinclair’s total Q2 advertising revenues declined 25% from $491m in Q2 2021 to $366m in Q2 2022.
A lack of synergy following the merger of WarnerMedia and Discovery has led to underperformance, Warner. Bros Discovery said in its earnings.
WPP share price fell more than 7% today despite revenue growth and an upgrade of its full-year guidance.
Pointing the finger of blame at Musk only hides Twitter’s failure to evolve and adapt.
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: the company said this was driven by growth in pre-campaign activation across programmatic, social media and connected TV.
Growth was led by Spanish-language local news, which more than doubled from 4,000 to 8,300 telecasts and from 2,200 to 4,600 hours aired.
In brief: In addition, Roku has created a dedicated live TV guide for Paramount+ live content, the first time it has done so.
