Friday, May 1, 2020

Apple Services, YouTube Revenue Up; Facebook Faces Ad Pullback; HBO Max on Hulu

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Tech News

May 01, 2020

Apple Posts Record Services Revenue of $13.3 Billion, Beats Lowered Wall Street Expectations

Apple posted better results for the March 2020 quarter than analysts expected amid COVID-19, with a record $13.3 billion in services …

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Hulu to Offer HBO Max at Launch, Free to Current HBO Customers

WarnerMedia inked a pact with Disney-controlled Hulu to make HBO Max available to subscribers when the streaming service launches. …

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Facebook Hits 2.6 Billion Monthly Users in Q1, Cites 'Significant' Ad Sales Drop Because of Coronavirus Crisis

Facebook saw "a significant reduction in the demand for advertising" over the last three weeks of Q1 2020 but said that had stabilize …

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YouTube Q1 Revenue Climbs 33% to $4 Billion, Parent Alphabet Saw Big Ad Sales Slowdown in March

While YouTube's revenue jumped 33% in Q1 2020, Alphabet said ad sales had significantly fallen in March amid the coronavirus crisis. …

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Amazon Renews NFL 'Thursday Night Football' Through 2022, Scores Exclusive Game per Season

Amazon inked a three-year renewal with the NFL for "Thursday Night Football," which includes one exclusive game on Prime Video per se …

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Quibi Improperly Shared User Email Addresses With Third-Party Ad Firms, Researcher Says

Quibi shared user emails with third-party advertising and tracking companies -- without informing them it was doing so, a study claim …

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NewFronts 2020: YouTube, Hulu Confirmed for Reshuffled June Marketing Series, Facebook Expected to Join

IAB released an update on companies expected to present at the Digital Content NewFronts live-streaming series scheduled for June 22- …

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In Depth

Insights on OTT Business Operations During a Time of Crisis

Watch Bitmovin's full webinar for key insights on the entertainment industry during this unprecedented time.

                                                           

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