Articles from variety.com

Articles from variety.com

Apple reports Q2 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $26.65B, an all-time high but below $26.7B est. (variety.com)
16 hours ago Apple

Roku reports Q1 revenue up 16% YoY to $1.02B vs. $1.01B est., a net loss of $27.4M, compared to $50.9M a year ago, and stops posting streaming household figures (variety.com)
16 hours ago

Meta says it expects its capex for FY2025 to be $64B to $72B, an increase from its prior expectation of $60B to $65B (variety.com)
1 day ago

Alphabet says it surpassed 270M paid subscriptions, driven by YouTube and Google One, and reports YouTube Q1 ad revenue up 10.3% YoY to $8.93B, vs. $8.97B est. (variety.com)
7 days ago Google YouTube Alphabet

The Washington Post partners with OpenAI to make its content “more accessible” in ChatGPT; OpenAI says it now has similar deals with 20+ other publishers (variety.com)
9 days ago

Netflix reports Q1 revenue up 12.5% YoY to $10.54B, vs. $10.51B est., net income of $2.89B, and stops reporting subscriber numbers on a quarterly basis (variety.com)
14 days ago Netflix

Q&A with Phil Spencer on A Minecraft Movie, potential IP for future movies, Microsoft's Hollywood goals, Fallout Season 2 and the Minecraft TV series, and more (variety.com)
15 days ago Microsoft

Tech stocks fell for a second day following Trump's tariffs announcement: Nvidia closed down 7.4%, Apple 7.3%, Netflix 6.7%, Meta 5%, and Amazon 4.2% (variety.com)
27 days ago Trump Amazon Apple Netflix Nvidia

Q&A with Netflix's Ted Sarandos on his 25-year anniversary at Netflix, his cameo on Apple TV+ series The Studio, competing with suppliers like Disney, and more (variety.com)
2025-3-20 Apple Netflix

RIAA: US paid music streaming subscriptions hit 100M in 2024; streaming revenue grew 4% YoY to $14.9B; revenue from ad-supported services fell 2% to $1.8B (variety.com)
2025-3-19

In an open letter to the OSTP, Ben Stiller and 400+ Hollywood creatives urge President Trump to not let Google, OpenAI, and others “exploit” copyrighted works (variety.com)
2025-3-18 Trump Google

A look at YouTube's origins, growth, and domination as the platform turns 20, including an interview with CEO Neal Mohan, who is nearing 10 years at the company (variety.com)
2025-3-9 Interview YouTube

YouTube says it now has 1B+ monthly viewers for podcast content worldwide; users watched 400M+ hours of podcasts monthly on living room devices in 2024 (variety.com)
2025-2-27 YouTube

Warner Bros. Games shuts down three game studios and pulls the plug on a Wonder Woman game that had been in development for over three years (variety.com)
2025-2-26

Roku reports Q4 revenue up 22% YoY to $1.2B, vs. $1.15B est., a net loss of $35.5M, and streaming households up 12% YoY to 89.8M; ROKU jumps 10%+ after hours (variety.com)
2025-2-14 4Q

Sony reports Q3 revenue up 18% YoY to $28.6B, operating income up 1% YoY to $3.05B, and gaming revenue up 16% YoY to $10.92B, driven by strong PS5 sales (variety.com)
2025-2-13 Sony

Amazon reports Q4 ad revenue up 18% YoY to $17.29B, vs. $17.4B est., and subscription services revenue up 10% YoY to $11.51B (variety.com)
2025-2-7 Amazon 4Q

Brookhaven, a top title on Roblox with 120M+ monthly players, was sold by its anonymous creator Wolfpaq to game developer Voldex for an undisclosed sum (variety.com)
2025-2-5

Alphabet reports YouTube Q4 ad revenue up 14% YoY to $10.47B, vs. $10.23B est., says Google Cloud and YouTube ended 2024 with a $110B annual revenue run rate (variety.com)
2025-2-5 Google YouTube 4Q Alphabet

Adobe Chief Strategy Officer Scott Belsky leaves the company to join A24 film studio as a partner; he co-founded Behance, which Adobe acquired for $150M in 2012 (variety.com)
2025-1-31 Adobe

The US Copyright Office says using AI tools to assist in creative processes doesn't compromise copyright protections as long as the content has human authorship (variety.com)
2025-1-30 AI

Sony names CFO Hiroki Totoki to CEO, succeeding Kenichiro Yoshida, and PlayStation co-CEO Hideaki Nishino to CEO of Sony Interactive Entertainment, from April 1 (variety.com)
2025-1-29 Sony

Spotify says it paid out $10B to the music industry in 2024, up from a record $9B in 2023, taking its total to $60B paid out since its 2006 founding (variety.com)
2025-1-29 Spotify

Insomniac Games founder and CEO Ted Price plans to step down from the Sony-owned studio after 30+ years; a trio of Insomniac veterans will serve as co-heads (variety.com)
2025-1-23 Sony

Omdia: by the end of 2024, TikTok generated ~$8B in ad revenue in the US and $63.3B globally, and surpassed 1.9B MAUs globally, including 145M MAUs in the US (variety.com)
2025-1-22

IMDb says founder Col Needham will step down as CEO and become executive chair, and appoints COO Nikki Santoro as CEO; Needham launched IMDb in 1990 (variety.com)
2025-1-22

Drake withdraws petition accusing UMG and Spotify of inflating Kendrick Lamar's “Not Like Us” with bots and payola; the diss track accused Drake of pedophilia (variety.com)
2025-1-15 Spotify

TikTok denies a report that China is looking at potentially facilitating a sale of the app to Elon Musk, calling it “pure fiction” (variety.com)
2025-1-14 China Elon Musk

Disney and Fubo announce a deal as part of which Disney will combine Hulu + Live TV with Fubo in a joint venture and Fubo will drop Venu Sports lawsuit (variety.com)
2025-1-7

Eight free-speech groups, including the EFF, and three members of Congress file briefs with SCOTUS in support of TikTok's appeal against the divest-or-ban law (variety.com)
2024-12-28 Ban

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