Ad Revenue

Turner’s Diament said most sports ads are sold out for fourth quarter

Television advertising bounced back and showed growth in the third quarter, according to analyst Michael Nathanson of MoffettNathanson Research, who called the result a surprising development.

The global COVID-19 pandemic reduced advertising revenue by 37.1% in the largely English-speaking markets where Standard Media Index operates, the company said in a new report.

Since major league sports have returned to television in July, advertisers have pumped nearly $100 million into the coffers of the national networks, according to an analysis by MediaRadar.

ViacomCBS reported lower second-quarter profits as the COVID-19 pandemic reduced ad revenue.

AMC Networks reported lower earnings in the second quarter as the COVID-19 pandemic hurt advertising and distribution revenue.

Comcast cable loses 427,000 video subscribers

Discovery is continuing its talks with distributors as it tries to determine its streaming strategy.

Fox said it is seeing improvements in advertising sales at its local station group as more businesses re-open after closing to slow the spread of the Coronavirus.

Spot, local take biggest hits