Similar Stories to Home Entertainment Spending Fell 9% In Q1 Not Including Streaming Services on Bing News

Depending on how you look at it, home entertainment spending was either stable — or seriously declined — in Q1 based on data out today from the Digital Entertainment Group. The industry organization says that consumers spent $4.55 billion in the period, down just 1.8% from early 2015. In addition to being “in line with the same period 2015,” DEG lauds the number for “outpacing the box office value on video release by nearly 10 percentage points.” But that folds in…

Topics:  q1 based   digital entertainment   group   deg   but that   in   period   
BING NEWS:
  • Fubo Loses Subs in Q1 But Exceeds Guidance and Reduces Losses
    Despite the Q1 sub losses, it ended the quarter with 1.511 million subs in North America, up 18% from a year earlier in Q1 2023. North American sub totals also exceeded its guidance for the quarter.
    05/3/2024 - 5:25 am | View Link
  • Penn Entertainment misses Q1 estimates after ESPN Bet integration drags on results
    Penn Entertainment (NASDAQ:PENN) swung lower in early trading on Thursday after the casino operator fell short of consensus estimates with its Q4 earnings report. The company said weather events in ...
    05/2/2024 - 12:25 am | View Link
  • Caesars Entertainment Misses Q1 Forecasts, Net Revenue Drops to $2.7B
    Caesars Entertainment Inc. announced net revenue of $2.7 billion for the first quarter ending March 31, 2024, which missed forecasts.
    05/1/2024 - 4:40 am | View Link
  • Comcast: Why The Stock Is Falling, And Why I'm Buying
    Comcast's Q1 earnings surpassed expectations with strong growth in broadband revenue and Peacock streaming service. Read why CMCSA stock is buy rated.
    04/26/2024 - 9:09 pm | View Link
  • Peacock Is “Seeing Traction” From Combo Of Sports And Entertainment, Comcast President Mike Cavanagh Says – Update
    Comcast reported first quarter results that outpaced Wall Street expectations, with Peacock reaching 34 million subscribers but seeing higher programming costs erode profits in the Media unit. Total ...
    04/25/2024 - 12:03 pm | View Link
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