Snap Q3 Revenue Rises 5%, Surprising Wall Street, as Snapchat Daily Users Grow to 406 Million

Country star Morgan Wallen will return for a second consecutive year to perform at the 2023 Billboard Music Awards. Wallen will perform the fan-favorite “98 Braves” at the Atlanta Braves home field Truist Park amid his sold-out tour. Wallen is up for 16 awards with 17 finalist entries, including Top Artist, Top Male Artist, Top Billboard 200 Artist, and Top Hot 100 Artist. He joins previously announced BBMA performers David Guetta and Bebe Rexha, Karol G, NewJeans, andPeso Pluma.

Post Malone, Morgan Wallen and Hardy took the stage together at Wednesday’s CMA Awards to pay tribute to the late country legend Joe Diffie. Wallen and Hardy started together, running through Diffie’s 1993 song “John Deere Green,” before welcoming Malone to the stage to sing the 1994 hit “Pickup Man” as a trio. While Post Malone is most strongly associated with hip-hop and pop, he has shown his love of the country genre before with numerous covers of songs in the genre, like “I’m Gonna Miss Her (The Fishin’ Song)” by Brad Paisley, “You Can Have the Crown” by Sturgill Simpson and “There’s a Tear in My Beer” by Hank Williams.

Post Malone carries a red Solo cup while posing on the red carpet with Morgan Allen at the 2023 CMA Awards held at Bridgestone Arena on Wednesday (November 8) in Nashville, Tenn.

Disney opened a new corporate era with a mixed-to-positive batch of quarterly results, reporting better-than-expected revenue and earnings but also more than $1 billion in charges.

Chris Willman Senior Music Writer and Chief Music Critic Luke Combs and Morgan Wallen tied for songwriter of the year of the BMI Country Music Awards, held Tuesday night at BMI’s building in Nashville. To commemorate the tie (which clearly had been communicated to the twin winners in advance), BMI cooked up another surprise: a climactic performance for the evening in which Wallen and Combs sat side by side and borrowed each other’s hits.

Cynthia Littleton Business Editor In the quarter that included the marriage of UFC and WWE under the TKO Group umbrella, Endeavor saw its Q3 revenue rise despite headwinds from Hollywood strikes and other market conditions, but operating expenses climbed even more. Endeavor’s conference call with analysts today is expected to give Wall Streeters a chance to grill company executives, including CEO Ari Emanuel and Mark Shapiro, president and chief operating officer, on the news earlier this month that Endeavor is considering “strategic alternatives” for some of its businesses.

Jennifer Maas TV Business Writer Esports company GameSquare, which recently acquired FaZe Clan, will report its third-quarter earnings Nov. 15 after the bell. In a move to connect its target Gen Z demographic with Wall Stret, in lieu of hosting the traditional conference call with investors after the results have been released, GameSquare will be livestreaming the Q&A with CEO Justin Kenna and chief innovation officer Tyler “Ninja” Blevins on Twitch.

Endeavor posted a mixed bag of third-quarter results, with its Representation division showing negative impact from the WGA and SAG-AFTRA strikes.

Chris Willman Senior Music Writer and Chief Music Critic Ashley Gorley is always the odds-on favorite to win the songwriter of the year award at the ASCAP Country Music Awards. With the wind of a healthy amount of fresh Morgan Wallen tracks at his back, he was again shooed in for the top honor as the winners were announced Monday night in Nashville.

Morgan Wallen is going to take his back-to-back gigs at Atlanta’s Truist Field “One Night At A Time.”The popular country singer is headlining at the Braves’ ballpark on Friday, Nov. 10 and Saturday, Nov.

Paramount Global shares fell nearly 9% midway through the trading day after veteran media analyst Jessica Reif Ehrlich delivered a harsh verdict on the stock.

It’s been over 14 years since Modern Family first hit TV screens!

Todd Spangler NY Digital Editor Apple‘s services segment continues to record healthy gains, increasing 16.3% for the September quarter to reach a record $22.3 billion, while it also reported a 2.8% lift in iPhone sales. Overall, Apple posted revenue of $89.50 billion (down 1%) and net income of $22.96 billion (up 11%), translating to earnings per share of $1.46, for the quarter ended Sept. 30.

UPDATED with Lachlan Murdoch comments. Fox Corp. CEO Lachlan Murdoch said his father, Rupert, “is very much involved and will be for years to come” despite stepping down from his chairman role in September.

Shares in Roku surged almost 10% in after-hours trading after the company affirmed its outlook for “positive full-year EBITDA,” meaning a return to profitability.

Wall Street gave decidedly mixed reviews to Comcast‘s third-quarter earnings report, even though the numbers beat analysts’ expectations on both the top and bottom lines.

Chris Willman Senior Music Writer and Chief Music Critic Taylor Swift‘s big year is being further commemorated with a leading 20 nominations for the 2023 Billboard Music Awards, followed by SZA and Morgan Wallen, who each have 17 nominations in a total of 16 categories. Other stars with a big look in the BBMAs nominations include the Weeknd, a finalist for 16 awards with 17 entries; Drake, who’s up for 14 awards; and first-time finalist Zach Bryan, who’s contending with 14 nominations in 13 categories. The winners in the data-driven awards will be revealed Nov.

Taylor Swift, Morgan Wallen, SZA, The Weeknd, Drake and Zach Bryan are top of the list in 2023 Billboard Music Awards nominations revealed Thurdsay, with Swift leading the charge as a finalist in 20 categories, the most of any artist this year.

Comcast beat Wall Street estimates for third-quarter revenue and earnings despite an 8% year-over-year drop in domestic advertising.

Snapchat parent Snap hit a warning note on the ad front today, saying “forward visibility of advertising demand” is limited in part by reduced spending due to the Israel-Hamas war.