Peacock Hits 42 Million Signups In First Quarter On ‘The Office’, WWE Network; Parent Comcast Posts Big Earnings Beat

Patrick Frater Asia Bureau ChiefThe Chinese government’s increasing regulation of the tech sector is a current concern for China’s major internet and online entertainment companies. But the latest quarterly results announcement for China’s biggest digital music company, Tencent Music Entertainment pointed to business as usual, at least for the moment.First quarter revenues, spanning the January to March 2021 period, at Tencent Music grew by 26% year on year.

Phoebe Dynevor is opening up about the hottest scenes in Bridgerton!

Gravitas Ventures has picked up North American distribution rights to Fully Realized Humans, an indie comedy from director Joshua Leonard. The film, which screened at the 2020 Tribeca Film Festival, will get a day-and-date release on July 30.

Smart TV maker Vizio exceeded Wall Street analyst forecasts for its first quarterly report as a public company, posting revenue of $505.7 million and earnings of 2 cents a share.

Josh Duggar‘s sister Joy-Anna Duggar, 23, and her husband Austin Forsyth, 27, are speaking out about his child pornography charges for the first time as he awaits his trial. The reality stars shared the same message to their Instagram stories on May 8 and it revealed how “heartbroken” they are about the situation and also asked for “prayers.”

Elon Musk and Grimes are appearing on Saturday Night Live together!

Cassadee Pope is teaming up with some of country music’s leading ladies.

Yahoo Finance. Cinemark actually posted a loss of $1.75 per share on $114.4 million in revenue.Of that revenue figure, $56.1 million came from ticket sales and $39.5 million at the concessions stand.For the sake of a comparison, Cinemark lost $59.4 million in the first quarter of 2020, or -51 cents per share.

“wait list.”The venue warns that a “vaccine or negative COVID test is required” to attend.In December, the “Big Mouth” star entered a rehab facility in Pennsylvania for 60 days for treatment for cocaine and alcohol addiction, Page Six exclusively reported. In February, he exited the program and entered outpatient care.“John has completed 60 days in rehab, and now he’s in outpatient sober care.

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NBCUniversal streaming service Peacock has reached 42 million sign-ups, parent company Comcast said in its latest quarterly earnings report. The conglomerate had in its previous financial update in late January mentioned 33 million sign-ups.The streamer has been "benefiting from the recent addition of exclusive domestic streaming rights to WWE Network andThe Office," the company said on Thursday.

Giant-screen exhibitor Imax posted higher first-quarter revenues as it was lifted by a recovery in the Asian box office. The company, led by CEO Richard Gelfond, reduced its loss attributable to shareholders to $14.8 million, compared with a loss of $49.4 million last year when Imax was hit hard by movie theater closures during the novel coronavirus pandemic.

Dish Network reported that it lost about 230,000 net pay TV subscribers in the first quarter, compared with a decline of 413,000 in the year-ago period and a drop of 133,000 in the fourth quarter of 2020. The latest quarter's figures include subscribers to the traditional Dish pay TV service, as well as the Sling TV streaming service.

Yahoo Finance. Comcast reported adjusted EPS of 76 cents on $27.2 billion in revenue for the quarter ended March 31.In other good news, Comcast reported that its young streaming service Peacock has now hit 42 million sign-ups in its first quarter as home to “The Office” and WWE Network programming.“We are off to a great start in 2021.

YouTube continues to grow at a torrid pace, with any sign of pandemic slowdown seemingly behind it. The Google-owned video platform brought in more than $6 billion in advertising revenue in the first quarter of 2021, according to the quarterly earnings report of parent company Alphabet.

Todd Spangler NY Digital EditorNBCUniversal hired Jim Denney, a TiVo veteran who most recently was at Hulu, as executive VP and chief product officer of direct-to-consumer, overseeing Peacock’s global product strategy.Denney will start at NBCU next month. He will be based in New York and report to Gidon Katz, NBCU’s president of direct-to-consumer.

Elsa Keslassy International CorrespondentVivendi, the Paris-based parent company of Universal Music Group and Canal Plus Group, saw its revenues rise by 5% to €3.9 billion ($4.6 billion) during the first quarter of 2021.The company’s results were primarily bolstered by Universal Music Group whose revenues went up 9.4% thanks to the growth in subscription and streaming revenues (which was up 19.6%).