Google warns users in Australia free services are at risk if it's forced to share ad revenue with "big media"

Google has fired a lobbying pot-shot at a looming change to the law in Australia that will force it to share ad revenue with local media businesses whose content its platforms monetize — seeking to mobilize its users against “big … Read more…

Ex-Roku Exec Doug Shineman Joins Streamwise and 1091 Pictures as Chief Revenue Officer

Indie film and series distributor 1091 Media, which recently renamed itself as Streamwise, hired another key exec for its forthcoming business-to-business analytics platform for content owners: Doug Shineman, an alum of Roku and The Orchard, who has joined the company … Read more…

Guess? Sees Q2 Revenue Decline Similar To Q1; Postpones Dividend Payment – Quick Facts

While reporting its financial results for the first quarter on Wednesday, Guess? Inc. (GES) said it expects that the COVID-19 crisis will continue to have a material impact on its consolidated financial position, consolidated results of operations, and consolidated cash … Read more…

Must Read: Reese Witherspoon Covers ‘Vanity Fair’, Fashion’s $150 Billion Coronavirus Revenue Loss

These are the stories making headlines in fashion on Tuesday. Reese Witherspoon covers Vanity Fair April issueReese Witherspoon has been wearing many hats outside of the acting realm with her own production company and widely loved digital book club. As … Read more…

Must Read: Reese Witherspoon Covers ‘Vanity Fair’, Fashion’s $150 Billion Coronavirus Revenue Loss

These are the stories making headlines in fashion on Tuesday. Reese Witherspoon covers Vanity Fair April issueReese Witherspoon has been wearing many hats outside of the acting realm with her own production company and widely loved digital book club. As … Read more…

New Report: If Financial Inclusion For Black Americans Was Fully Achieved, Financial Services Firms Could Collect An Extra $60 Billion In Annual Revenue

The nation’s financial services industry could collect tens of billions of dollars in extra annual revenue if black Americans had access to the sector’s entire products and services. That revelation came from The Case for Accelerating Financial Inclusion in Black … Read more…

ViacomCBS’ Inauspicious Q4 Debut: Wall Street Grills CEO On New Streaming Product, Financial Forecasts, Content Costs, Affiliate Fees, Ad Revenue & Nickelodeon Ratings

Newly merged ViacomCBS is having a really bad day. The stock tanked, and is still down more than 17%, after disappointing quarterly earnings and a barrage of questions from Wall Street entertainment analysts – answers to which they clearly did … Read more…

ViacomCBS’ Inauspicious Q4 Debut: Wall Street Grills CEO On New Streaming Product, Financial Forecasts, Content Costs, Affiliate Fees, Ad Revenue & Nickelodeon Ratings

Newly merged ViacomCBS is having a really bad day. The stock tanked, and is still down more than 17%, after disappointing quarterly earnings and a barrage of questions from Wall Street entertainment analysts – answers to which they clearly did … Read more…

Huawei reaches record $122 billion revenue despite US government sanctions, warns of tough times ahead

In a New Year’s message to employees, rotating chairman Eric Xu wrote that revenue exceeded 850 billion Chinese Yun ($ 122 billion) this year, which marks an 18 percent YoY increase. While this is a record high for the company, … Read more…

General Motors Q2 Profit Tops Estimates, Revenue Down 1.9%; Affirms Guidance

General Motors Co. (GM) said its second-quarter net income was up 1.6 percent year-on-year driven by the performance of North America and significant progress on transformational cost initiatives. Looking forward, the company affirmed its fiscal 2019 guidance. RTT – Earnings … Read more…