Roku’s first-ever earnings report was very solid, surpassing analysts’ expectations in every area. The streaming device-maker generated $123.8 million in revenue during Q3, as compared to $89 million in the third quarter of 2016. Wall Street had predicted $110 million in third quarter revenue. The company wasn’t quite profitable, but its net losses amounted to only $7.9 million, down from $12.7 million during the same period last year. Analysts had expected net losses of $12.7 million, matching those of last year’s third quarter. On other notable tidbit: While Roku is best known for its streaming devices, $57.5 million of its Q3 revenue came from its advertising and licensing business. The other $67.3 million came from hardware sales. (Bottom line: Roku may have a more multi-layered and versatile business model than many people realize.) Roku’s stock took big leap after the report, rising by over 26% in after-hours trading.
NBC ordered a sixth season of Hollywood Game Night. The summer series averaged a 1.1 rating among A18-49 and 4.7 million viewers in Live+7 last time around.
Comedy Central’s The Opposition with Jordan Klepper will film a special episode, The Opposition Chaperones Democracy: Kids Just Wanna Take Guns, taping and airing Thursday, March 22. The episode, filmed in front of a Rockville, MD audience of activist teens, parents and rally attendees ahead of the March 24 gun reform March for Our Lives […]
Discovery Family is heralding the return of established kids and family content bolstered by the launch of new series that build on legacy brands- including a primetime Cake Boss spinoff that’ll be exclusive to the network. It’s also continuing to add more programming to the Discovery Family Go app for live and on-demand streaming. Family […]
Season 2 of animated space-themed series Ready Jet Go! blasts off Monday, April 2 on PBS Kids with a week of girl-empowering episodes featuring the adventures of Boxwood Terrace’s own Mindy Melendez, starting with the half-hour special “Mindy Turns 5”. More new eps will roll out each Wednesday in June and July.
NBC Sports Group inked a deal with European Professional Club Rugby that will feature an exclusive multi-year US media rights agreement for the Champions Cup. The agreement will see NBC Sports carry more than 150 hours of Champions Cup coverage next season across NBC, NBCSN, NBCSports.com and its digital platforms. “We’re excited to partner with […]