quarterly earnings

• Roblox paid creators almost $1 billion in 2024
• The Paul x Tyson fight helped Netflix drive record account growth–just before it stops reporting subscriber counts

  Netflix expects live events like the Jake Paul x Mike Tyson boxing match to be "a small percentage of our total view hours and content expense," but still thinks they will "result in outsized value to both our members and our business," it said during its fourth-quarter earnings call this week.

  
• YouTube is “closing the gap” between Shorts and long-form monetization

  YouTube executives say the platform saw "healthy" growth in watch time and "strong" growth in subscriptions in Q2 2024, which in turn helped drive its ad revenue to $8.66 billion for the quarter--a 13% jump year over year from the $7.7 billion it made in Q2 2023.

  
• Snapchat’s TikTok Competitor, Spotlight, Has 125 Million Monthly Active Users

  “We are highly encouraged by the early returns from our investments in Spotlight with this new platform reaching over 125 million monthly active users in March,” Snap CFO Derek Andersen said during the tech giant's first-quarter earnings call.

  
• Vimeo Raises $150 Million Amid Record Revenue Growth, Eyes Spinoff From Parent IAC
• YouTube Hits $5 Billion In Ad Revenue, 30 Million Premium And Music Subscribers In Q3
• Snap Hits Record $50 Billion Valuation After Significant Q3 Growth In Revenue, DAUs
• Netflix Gained A Record-Setting 15.77 Million New Subscribers Last Quarter
• Netflix Added Record 8.3 Million Subs Last Quarter, Will Test 15-Minute Stand-Up Special Format