Mike White‘s “The White Lotus” was initially supposed to be a one-off for HBO. But after it won over audiences in the early days of the COVID-19 pandemic, the network changed its pans.
24.10.2023 - 20:45 / deadline.com
Snap returned to revenue growth in the third quarter, surprising Wall Street, and clocked gains in daily active users (DAUs), as net losses widened on a restructuring charge amid layoffs.
Revenue rose to $1.18 billion from $1.13 billion for the three months ended in September after falling in both the first and second quarters for the first time since the company went public in 2017.
Net losses widened to $368 million from $359 million. A wind down of its AR Enterprise business, which included a reduction of our global employee headcount by approximately 3% led to restructuring charges of $18.6 million, composed primarily of cash severance and stock-based compensation expenses.
Daily active users increased 12% year-over-year to 406 million. The company anticipates continued growth in its global community will lead to DAUs rising to between 410 and 412 million in the fourth quarter.
The stock was all over the map after hours, first popping higher, then lower, now trading about flat. Execs are hosting a conference call at 5:30 ET. It seems news is always mixed at Snap lately. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $40 million dropped from $73 million in the year-earlier quarter. Operating cash flow was $13 million versus $56 million. And the free cash flow the Street prizes was a negative $61 million compared to $18 million the prior year.
“Our revenue returned to positive growth in Q3, increasing 5% year-over-year and flowing through to positive adjusted EBITDA as our reprioritized cost structure demonstrated the leverage in our business model,” said CEO Evan Spiegel. “We are focused on improving our advertising platform to drive higher return on investment for our
Mike White‘s “The White Lotus” was initially supposed to be a one-off for HBO. But after it won over audiences in the early days of the COVID-19 pandemic, the network changed its pans.
This year's John Lewis Christmas advert comes with a big range of merchandise, including ‘Snapper, The Perfect Tree.' The department store's festive advert is an exciting sign for many TV watchers that the festive season has finally begun.
With the writers strike over, The White Lotus creator Mike White is back at work on the upcoming third installment of the Emmy-winning anthology series, which is expected to debut in 2025.
The world’s most valuable company narrowly topped estimates but saw another revenue dip — its fourth in a row — with sales down about 1% to $89.5 billion for its fiscal fourth quarter.
One of Emmerdale's legendary characters was seen being given a heartbreaking diagnosis which could lead to a surprise exit for the big star. During Wednesday night's trip to the Dales (November 1), viewers saw Lydia Dingle's lock-in at the Woolpack continue.
Emmerdale star Christopher Chittell has played the iconic character of Eric Pollard for almost 40 years, making him the soap's longest-serving actor. Christopher, 75 first joined the hit ITV soap in June 1986 and his first scenes aired in late September of that same year. It's no surprise that over the years the actor has been at the heart of some major storylines, including most recently, a devastating diagnosis of Parkinson's disease.
EXCLUSIVE: A feature film about the escapades of little-known Canadian spy Winthrop Bell is in development.
In the year since advertising began running on Netflix, the company said it has reached 15 million monthly active users on its ad-supported subscription tier.
Emily Longeretta “Dancing With the Stars” always goes all out for Monster Night and this year’s Halloween episode was no different. Each pair danced twice on Tuesday night — first, for their solo routines and second, in the group marathon. Many of the duos had a lot of fun with the Halloween theme, including Alyson Hannigan and Sasha Farber.
event honoring bold and accomplished women from many fields, we are proud to announce the Women of the Red Carpet: Ubah Hassan and Brynn Whitfield!Two of our Real Housewives of New York faves will be on hand to host the glamorous red carpet leading into the awards ceremony, and you know the girl talk will be fun. For those who don't tune in, Whitfield is a PR and marketing guru, and Hassan is a model who also has a line of hot sauces.Hassan told us why she was so excited about the opportunity, musing, “Honoring bold women is a vital need in today’s world.
gone viral following the actor’s death.The Friends star, who died suddenly aged 54 on Saturday (October 28), was a strong advocate for addiction recovery in his later years, and often spoke frankly about his own struggles with drug and alcohol abuse.In 2013, Perry debated drug courts – where former addicts would sit as magistrates – on BBC’s Newsnight alongside drug policy reform advocate Baroness Meacher and controversial author and journalist Peter Hitchens.During the debate, the conversation turned towards the nature of addiction and whether it should be classed as a disease, which Hitchens deemed a “fantasy”.In response, Perry called his views “ludicrous” and encouraged him to “read something other than your book” on the subject, in reference to his essay The War We Never Fought: The British Establishment’s Surrender To Drugs.Perry later recalled the TV appearance in his 2022 memoir Friends, Lovers And The Big Terrible Thing, where he described Hitchens as a “complete tool”.“I like to think that both the Baroness and I ran rings around him – but frankly, that wasn’t hard,” Perry wrote.
EXCLUSIVE: The estate of Whitney Houston has resolved its concerns about the documentary Whitney Houston in Focus and is now throwing full support behind the film.
Imax swung to a profit and saw revenue revenue jump in the Septembers quarter, buoyed by Oppenheimer and other content from Hollywood to local language films, concert films, docs and live events.
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.
Todd Spangler NY Digital Editor Snap, parent company of Snapchat, turned in better results than Wall Street expected for the third quarter of 2023, as the company touted improvements to its ad platform. Overall, Snap posted Q3 revenue of $1.19 billion, an increase of 5%, and a net loss of $368 million (or 23 cents per share).
wheely poor luck. Outgoing “Wheel of Fortune” host Pat Sajak attempted to console a contestant Monday when he lost his chance to win $1 million after failing to solve a nearly complete puzzle during the show. During the show’s third puzzle of “fun and games,” contestant Izzy Santiago, who was leading the competition with $2,550, spun big by landing on the coveted $1 million slat.After correctly guessing the letter “F,” Santiago was presented with a nearly complete board reading “_ra_i_g from _ame_ from a hat.” It was then that Sajak, 76, announced that the man had two choices.
The hottest place to be this weekend in Los Angeles was the Brandi Carlile & Friends concert at the Hollywood Bowl!
Jay Brown (Jamie Borthwick) hits rock bottom before being involved in an accident, in EastEnders spoilers. Jay’s spiralling goes from bad to worse as he waves up after a night filled with booze and drugs. Billy Mitchell (Perry Fenwick) senses something is wrong and Jay confesses he’s taking drugs, but keeps quiet about seeing Nadine Keller (Jazzy Phoenix).
Conservative media company Daily Wire is making its own live action adaptation of the Brothers Grimm fairytale, Snow White, called Snow White And The Evil Queen.
Wow! Jeremy Allen White is doing whatever it takes to remain in his kids’ lives! And what it takes says… a lot about the problems he and his baby momma might have had.