YouTube may be missing the bottom line for Google. YT accounts for six percent of Google’s sales last year but did not contribute to earnings, according to the Wall Street Journal. The video platform produced $4 billion in revenue in 2014, a hefty increase from $3 billion the year prior, likely due to big brands getting on board last year. In contrast, rival Facebook made $12 billion in revenue and $3 billion in profit from its 1.3 billion users in 2014. The Google-owned site launched YouTube Original Channels Initiative to combat the problem in 2012, but the channels lacked viewers. Current CEO Susan Wojcicki introduced an advertiser demand inventory for its top channels with Google Preferred last year, which made up about 6% of overall sales for Google, and leaves YouTube ”roughly breaking even.”
Multiple women have stepped forward to accuse Morgan Freeman of inappropriate behavior on set, during press junkets and at his production company Revelations Entertainment. CNN, which broke the story, thus far has interviewed 16 people about Freeman as part of an investigation and revealed that Revelations co-founder Lori McCreary allegedly witnessed one such incident. Freeman […]
The Break with Michelle Wolf launches on Netflix this Sunday, May 27, with a new episode streaming weekly every Sunday. Half-hour episodes of the variety/sketch series will feature host Wolf, who previously worked on The Daily Show and Late Night w/ Seth Meyers, and guests.
FloSports inked a deal to bring The Rugby Channel under its umbrella from Rugby International Marketing. The deal immediately awards FloSports the rights to all matches previously under The Rugby Channel and brings 51 new competitions annually to FloRugby.com. FloSports also announced that World Rugby Hall of Famer Phaidra Knight will join FloRugby as a […]
The NHL’s Eastern Conference Final Game 7, which saw the Capitals advance to the Stanley Cup Final, helped push NBC Sports’ coverage of the playoffs to now average a Total Audience Delivery (TAD) of 1.206 million viewers, which stands as the most-watched playoffs in 21 years and up 7% over 2017. NBC Sports’ coverage of […]
ABC’s Good Morning America is expanding to three hours, with the addition airing at 1p EDT and noon CDT/PDT. “We believe there is great opportunity for viewers and advertisers in expanding to a third hour,” said Ben Sherwood, co-chairman, Disney Media Networks, and president, Disney|ABC Television. But something’s gotta give – while Live With Kelly […]