She gets it. Garcelle Beauvais doesn’t always see eye-to-eye with Erika Jayne, but there’s one thing she understands: her costar’s relationship with her estranged husband, Tom Girardi.
27.04.2022 - 23:25 / variety.com
Todd Spangler NY Digital EditorMeta, the social giant formerly known as Facebook, beat Wall Street estimates for earnings in the first quarter of 2022 — but fell short on the revenue front — as it reported its slowest revenue growth as a public company.For Q1, Meta reported revenue of $27.9 billion, up 7% year over year. That’s the company’s lowest topline growth since its IPO in 2012.
It posted net income of $7.47 billion, or $2.72 per share, down 21% compared with the year-ago period.Click here to sign up for Variety’s free Strictly Business newsletter covering earnings, financial news, and more.Facebook daily active users averaged 1.96 billion for March 2022, up 4% year-over-year, and up slightly from the prior quarter (1.93 billion). Wall Street analyst consensus estimates were for Meta to post Q1 revenue of $28.2 billion in EPS of $2.56 per share, according to financial data provider Refinitiv.
Meta was expected to report 1.95 billion daily users for the quarter, per StreetAccount.Shares of Meta popped 13% in after-hours trading on the bottom line beat and the disclosure that Facebook eked out a small gain in average DAUs.Meta had previously told investors that in Q1 it was facing “continued headwinds” from increased competition for people’s time — with Zuckerberg calling out TikTok — as well as from Apple’s iOS privacy changes and “regulatory changes.”“We made progress this quarter across a number of key company priorities and we remain confident in the long term opportunities and growth that our product roadmap will unlock,” Mark Zuckerberg, Meta co-founder and CEO, said in announcing the results. “More people use our services today than ever before, and I’m proud of how our products are serving people around the
.She gets it. Garcelle Beauvais doesn’t always see eye-to-eye with Erika Jayne, but there’s one thing she understands: her costar’s relationship with her estranged husband, Tom Girardi.
Lannister on HBO’s “Game of Thrones,” has joined Kiefer Sutherland in “Rabbit Hole,” Paramount+ announced on Tuesday. The original series from CBS Studios stars Sutherland as John Weir, a master of deception in the world of corporate espionage, who is framed for murder by powerful forces with the ability to influence and control populations.Also joining the cast are Meta Golding (“Empire”), Enid Graham (“Mare of Easttown”), Jason Butler Harner (“Ozark”), and Walt Klink (“Arctic Circle”).
EXCLUSIVE: Paramount+’s Rabbit Hole has rounded out its remaining cast, adding Charles Dance (Game of Thrones), Meta Golding (Empire), Enid Graham (Mare of Easttown), Jason Butler Harner (Ozark) and Walt Klink (Arctic Circle). They will appear opposite star and executive producer Kiefer Sutherland. The series comes from writers John Requa and Glenn Ficarra.
Kevin Mayer and Tom Staggs’ Candle Media have struck again, announcing the purchase ATTN, a social media storytelling company for Gen Z and Millennials. Candle said today it will help provide scale, capital and expertise to accelerate ATTN’s growth as it continues “to create original content for Gen Z and Millennials across social media, network television and streaming services, in addition to growing their publishing, brand studio, creative strategy and agency services. That includes a TikTok Studio that supports brands and influencers.
Ellise Shafer My Chemical Romance has returned with its first new song since 2014.The six-minute track, titled “The Foundations of Decay,” harkens back to the emo band’s heyday with Gerard Way’s dramatic vocal delivery, soaring guitar riffs and an epic slow build. The song is produced by Way, Doug McKean and lead guitarist Ray Toro.The band is about to embark on their reunion tour, with dates in North America and Europe, which was originally scheduled for 2020 but postponed due to the pandemic.
“South Park” has lined up a third event special on Paramount+.The long-running animated series announced its latest exclusive event, titled “South Park: The Streaming Wars,” will premiere on Wednesday, June 1 on the streaming service. A fourth special will follow later this summer.In the upcoming special, Cartman will lock horns with his mother in a battle of wills, “while an epic conflict unfolds and threatens South Park’s very existence,” per the streamer.“Streaming Wars” follows the “South Park: Post COVID” and “South Park: Post COVID: The Return of COVID” specials, both of which debuted in 2021.Paramount+ will become the exclusive streaming home of the entire catalogue of “South Park” episodes for the U.S.
Paramount+ will welcome back yet another South Park special event when June rolls around.
EXCLUSIVE: Rock & Roll Hall of Famer Laura Nyro, one of the most revered singer-songwriters of the 20thcentury, will be the subject of an upcoming documentary from Vistas Media Capital.
Canadian unscripted producer Sean Connolly has set up his own production business and tied up a multi-year strategic deal with compatriot firm Great Pacific Media.
They may be broken up, but Garrett Hedlund still has a lot of love for ex-girlfriend Emma Roberts!
Football legend Steven Gerrard has melted the hearts of fans around the world as he shared an adorable photo with his daughter Lexie to celebrate her 16th birthday. The former England player turned Aston Villa manager shares his daughter with wife Alex Curran, 39, with the pair who hail from Liverpool also proud parents to Lilly-Ella, 18, son Lio, four, and 10-year-old Lourdes.
Manchester City boss Gareth Taylor was thrilled his side secured a place in next season’s Champions League—but was less enthused about his squad’s performance in their 4-0 win at Reading on Sunday.
In touch with nature — and herself. Amy Smart may be best known for starring in hit movies like Just Friends and The Butterfly Effect — and on fan favorite TV shows, including Felicity, Scrubs, Shameless and more — but she’s also incredibly attuned to the environment.
EXCLUSIVE: Paramount+ Australia drama Last King of the Cross has added more cast with the likes of 300: Rise of an Empire’s Callan Mulvey joining previously-announced Ian McShane and Lincoln Younes.
Lorraine Kelly has spoken out and said she 'should have complained' about her portrayal on Bo Selecta. The TV presenter was played by actor Leigh Francis, better known as Keith Lemon, during the Channel 4 show in the 2000s.
Meta Platforms, parent company of Facebook and Instagram, reported a mixed bag of first-quarter results, beating Wall Street expectations for earnings but falling short in total revenue.
Todd Spangler NY Digital EditorYouTube advertising sales for the first three months of 2022 grew 14%, to reach $6.9 billion — missing Wall Street expectations and representing a major cooling off from the torrid pace the video giant had seen during the COVID pandemic.By comparison, YouTube’s ad revenue growth was 49% in the year-ago period and was up 46% for the full year 2021. Alphabet, the parent company of Google and YouTube, reported total revenue for Q1 of $68.01 billion, up 23%, and net income of $16.44 billion (or $24.62 per share), falling shy of Wall Street expectations.Click here to sign up for Variety’s free Strictly Business newsletter covering earnings, financial and investment news, and more.Financial analysts on average expected Alphabet to post Q1 revenue of $68.1 billion and EPS of $25.96, per Refinitiv.
Naman Ramachandran Days after the Najafi group’s buyout of STX Entertainment, the Eros STX Global Corporation is changing its name to Eros Media World PLC. The newly renamed company has also revealed a new management structure and some financial projections. Eros will retain a 15% non-voting stake in STX and the company said it has “fully repaid $152 million of outstanding JP Morgan credit facility and subordinated credit facilities at STX level.”Rishika Lulla Singh is the new executive chair, Pradeep Dwivedi the new CEO and Rajesh Chalke is the new CFO of Eros Media World.