earnings

• Asia is ByteDance’s bread and butter, but TikTok earnings are growing in the West
• Snapchat doubles paying subscribers year-over-year, beats Q3 expectations

  Snapchat bets like Spectacles, Snapchat+, and a streamlined user experience contributed to better-than-expected Q3 2024 earnings.

  
• YouTube ad revenue hits $8.9 billion as upfront deals power Alphabet past Q3 projections

  YouTube's ad growth, especially on TV screens, helped parent company Alphabet deliver strong returns during Q3 2024.

  
• We finally know how much Twitch makes a year. Is it enough?

  When Twitch's new CEO Dan Clancy took over, he admitted the world's biggest livestreaming platform is not profitable. And, according to internal documents viewed by the Wall Street Journal, employees think it's in danger of becoming a "zombie brand" buried, untended, in the depths of its parent Amazon. We don't know what the hard chances are of that happening, but we think it'd be a big fumble if Amazon abandoned the site responsible for platforming some of today's star and rising-star creators, like Kai Cenat, Ironmouse, HasanAbi, and Jynxzi.

  
• Netflix and YouTube “feed each other pretty nicely,” according to co-CEO Ted Sarandos
• YouTube enjoys early success with NFL Sunday Ticket, helps Alphabet beat earnings estimates
• Netflix announces price hikes after exceeding projections during Q3 2023
• Despite YouTube’s ongoing slump, Alphabet bounced back to beat Q1 2023 earnings estimates
• Netflix’s tough week has included ‘Love Is Blind’ livestream fails and middling Q1 earnings
• YouTube revenue is lagging despite 50 billion daily views on Shorts
• Netflix’s founder is stepping back from his role as CEO
• After disappointing earnings in Q3 2022, how will Alphabet “realign resources” at Google and YouTube?