Roku continues the trend of streaming companies making big gains during the pandemic. The company reported third quarter revenue in its platform segment (mostly ad revenue) that was up 78% compared to the previod year. Its number of new users grew, which helped expand the overall numbers of hours they spend watching video to $14.8 billion hours durign the quarter. It’s an important metric to...
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The Briefing enterprise media/telecom
Iger’s Disney Fix-It Plan Has Something for Everyone
Bob Iger really should have run for president, as he once considered doing. His political instinct is unmatched, at least among CEOs. On Wednesday, in his first quarterly earnings call since returning to the top job at Disney, Iger offered something for everyone. A return of the dividend! Layoffs! Creative executives get their power back! Traditional TV is still important, Iger reminded...
SpaceX to Conduct Key Engine Test on Mars Rocket on Thursday
Alphabet’s Verily Appoints Biotech Executive As CFO
Francisco Partners Nears $1.7 Billion Deal for Sumo Logic
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