Univision Networks Unit Ad Revenue Drops 40 Percent as Second Quarter Hits Pandemic Bottom

Phase 4 Films has acquired North American rights to the action/comedy The Baytown Outlaws, starring Eva Longoria and Billy Bob Thornton. The distributor plans to release the film in early 2013.

Ted Johnson The second night of the Democratic National Convention will feature two former presidents, Jimmy Carter and Bill Clinton, and nods to some of the party’s revered figures of the past, John F. Kennedy and Franklin D.

Cardi B and Joe Biden make a perfect political pairing.

In the latest financial quarter, entertainment giants' earnings reports revealed pain from the pandemic, but CEOs tried to focus on bright spots, touting streaming growth and signs that the TV advertising market isn't cratering as much as anticipated. On investor calls, industry chiefs acted largely as a chorus on advertising, with the tune being that companies held up better than feared and that April marked the low point.

Patrick Frater Asia Bureau ChiefChina’s leading online music firm Tencent Music Entertainment pointed to increased investment as the reason for a no better than flat performance in the first half of the year.Revenues for the April to June quarter were RMB6.93 billion ($981 million), an increase of 18% year-over-year, and up 14% to RMB13.2 billion for the first six months of the year.

Also Read: 'Moana' Star Auli'i Cravalho Is All Grown Up in First Trailer for Netflix YA Drama 'All Together Now' (Video)“Today, we have more video game players playing for more hours, while spending more in the process; and what gamers old and new are discovering is an industry that has a wide array of experiences available to them regardless of device and budget,” NPD Group analyst Mat Piscatella said in a statement Monday.

Liberty Media, the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit, on Monday reported second-quarter financials as the novel coronavirus pandemic delayed events in its sports operations.

via Yahoo! Finance expected the company’s loss per share to slightly better at $4.29Revenue in the second quarter was just $19 million, down roughly 99% from the $1.5 billion in revenue AMC reported last year.

Chris Willman Music WriterA second-quarter earnings call with Live Nation execs Wednesday was full of hope, promise and even swagger… for 2021-22.

LiveNation has reported that revenue for the year to date is down 98%.

Discovery on Wednesday reported lower, but better-than-expected financials, including U.S. advertising revenue, for the second quarter amid the novel coronavirus pandemic, which had its first full-quarter impact in the period.

BURBANK, Calif. -- Walt Disney Co.

AMC Networks, the cable networks company that operates AMC, IFC, WE tv, BBC America and SundanceTV, on Tuesday reported lower second-quarter earnings and said U.S. advertising revenue fell 14.6 percent, less than previously feared, in the first quarter that was fully affected by the novel coronavirus pandemic.

Katy Perry has been through so much in the last few years, and now, she is getting candid about her battle with depression, which was so hard on her that the singer feared she would not live to see 2018. This is what Katy revealed during an interview with Sunday Times.

Cable operator Charter Communications, in which John Malone's Liberty Broadband owns a big stake, on Friday reported that it grew its pay TV subscribers in the second quarter when including customers on special COVID-19 offers and that its broadband user growth accelerated amid the coronavirus pandemic. It also more broadband users than in the year-ago period during what was the first quarter to be fully affected by the novel coronavirus pandemic.

Elaine Low Senior TV WriterAmazon easily topped second-quarter earnings and revenue forecasts after the market close Thursday, with CEO Jeff Bezos calling it “another highly unusual quarter” amid the current coronavirus pandemic.“As expected, we spent over $4 billion on incremental COVID-19-related costs in the quarter to help keep employees safe and deliver products to customers in this time of high demand—purchasing personal protective equipment, increasing cleaning of our facilities,