Streaming Drives Rise in Digital Revenue for Warner Music Group During COVID

health and safety protocols Friday based on research and guidelines from the Centers for Disease Control and Prevention, the World Health Organization and the Occupational Safety and Heath Administration. Over 300 companies representing more than 2,600 theater locations in the U.S.

Matt Donnelly Senior Film WriterDefining a successful movie release has been a fraught task lately due to the coronavirus pandemic, as premium theatrical films shift to digital debuts and massive blockbusters get kicked down the calendar.Thanks to a few transparent scoreboards like the iTunes store, however, the industry can see plainly when a hit is a hit.

Ryan Reynolds has an important message for young people partying in British Columbia. The Canada native posted an audio recording on Twitter in response to B.C.

Variety Staff Follow Us on TwitterAs part of its ongoing efforts promoting social justice causes and transformative action, Sony Music Group (SMG) is embarking on a non-partisan civic initiative to get out the vote. Under the banner Your Voice, Your Power, Your Vote, the company will be assisting in education and offering resources ahead of election day.

is set to be a roller coaster of emotions, as this first look at the premiere previews backstage drama, pandemic fears and at least one makeout session between Vanessa Vanjie Mateo and Kameron Michaels.«Like, why haven't we hung out more often?» Vanjie questions Kameron in the teaser, cutting to the big kiss and their fellow queens' shocked reactions.

Idol franchise, and TikTok announced on Friday (Aug. 7) that they will be partnering up in order to find music's next supergroup.The first-of-its-kind global music collective will be found through an in-app audition process on the popular video-sharing platform.

Jill Goldsmith Co-Business EditorViacomCBS reported domestic streaming and digital video sales – which includes streaming subscription and digital video advertising revenue – rose to $489 million in the second quarter, up 25% year-on-year, driven by a 52% bump in streaming subscription revenue and robust growth at Pluto TV.The stock popped higher in early trading on the numbers.

Todd Spangler NY Digital EditorRoku, helped again by stay-at-home streaming during the coronavirus pandemic, topped Wall Street earnings estimates for the second quarter of 2020 and saw streaming hours skyrocket a whopping 65% year over year.Roku added 3.2 million incremental active accounts in Q2 to reach 43 million, while streaming hours increased by 2.3 billion hours over last quarter to 14.6 billion.“Roku and our partners also saw a surge in growth for AVOD, SVOD and TVOD services during

Jill Goldsmith Co-Business EditorThe New York Times said digital revenue exceeded print for the first time ever for the second quarter ended in June when it added 669,000 net new digital subscriptions.That included 493,000 net new subscriptions to its core news product and 176,000 to other digital products, like Cooking, Crossword and audio.

The New York Times’ digital revenue surpassed its print revenue for the second quarter of 2020 for the first time in history, though ad revenue took another year-over-year drop as the coronavirus pandemic continued.The Times added 669,000 net new digital subscribers during the quarter, according to Wednesday morning’s earnings release from the company.

Eric Levin called the quarter’s results "slightly better than our expectations."Due mainly to non-cash stock-based compensation related to its IPO on June 3, Warner posted a $519 million net loss last quarter compared to net income of $14 million a year earlier.

Variety Staff Follow Us on TwitterWarner Music Group (WMG) has named Dr. Maurice Stinnett head of global equity, diversity and inclusion.

Facebook message, Mack’s son Billy Mack Smith said his father died Friday of COVID-19 but had underlying health conditions. Mack’s “Midnight Cowboy Trucking Show” overnight program on clear channel WBAP-AM in Fort Worth kept truckers entertained for decades and earned him a place in the Country Music DJ Hall of Fame.

Elsa Keslassy International CorrespondentUniversal Music Group and Canal Plus Group’s international operations helped Vivendi stay afloat during the first half of 2020 which saw the outbreak of the coronavirus pandemic.The European media giant posted a 3% year-on-year increase in revenues to €7.5 billion ($8.87 billion) during the first half of 2020, which ended on June 30.

Jem Aswad Senior Music EditorThe three major music companies — Sony, Universal and Warner Music — have asked employees to work from home as much as possible for the rest of 2020 due to concerns over COVID-19.While the offices will be open for employees who must be there for business reasons, according to internal memos obtained by Rolling Stone (which first reported the news) and Variety, the companies, which are the largest recorded-music and music-publishing businesses in the world, have

Taylor Swift should add glam squad to her already impressive resumé of skills.In an Instagram post on Friday, July 24, the singer-songwriter shared a still photo from her “Cardigan” music video, revealing that while shooting Folklore’s first single the whole team took very safe precautions to protect against COVID-19.