EARNINGS CALL
Tegna Sees More Opportunities For It In Sports
CEO Dave Lougee: “With the existing RSN and cable model in the final innings, the move of local sports from cable to broadcast is in the first inning of a new era.”
EARNINGS CALL
Streaming Helps Paramount Offset Lower Broadcast-Cable
While the TV media division saw an ad revenue decrease to $1.7 billion, down 14%, from a year ago, direct-to-consumer revenue moved in the opposite direction, posting a 38% gain. CEO Bob Bakish: “This continued DTC improvement will be a key driver of the total company earnings growth we expect next year.”
EARNINGS CALL
Disney’s Iger Coy About Linear TV Future Plans
Bob Iger: “So, anything that is to be done would be done with an eye toward maintaining a rich flow of content to fuel our growth business — and that would be streaming.”