The report says that Twitter can "generate up to $19 million" from just 10 previously banned accounts
Amazon reported ad revenue of $9.7 billion for the fourth quarter, up 32% from last year, and $31 billion for the year. YouTube posted $28.8 billion in ad revenue for 2021.
Higher ad revenues show that the digital mode skipped the contraction in other advertising channels in 2020 and is expected to surge this year
Advertising revenue rose about 30 percent in Brazil last year, Twitter's top executive in the country told Reuters, defying a two-year slowdown in the local economy and more than doubling the company's 13 percent revenue growth globally.
Facebook provided more evidence on Wednesday that it can turn eyeballs into profit as the maker of the world's most popular app and social website trounced Wall Street's estimates, sending its shares to an all-time high.
Kapil Agarwal, Joint Managing Director, UFO Moviez says there is scope to improve ad minutes per screen from the current duration of 4 minutes.
During the period, margins may decline 420 basis points at 24.5 percent against 28.7 percent year-on-year due to increased content and operational costs of the new channels. The management has indicated that it will improve sequentially.
The company had reported a net loss of Rs 17.52 crore in the same quarter last year. Zee Media, which operates news channels like Zee News and Zee Business and publishes DNA, reported net sales of Rs 134.57 crore in the quarter under review as against Rs 132.76 crore in the same quarter a year ago, an increase of 1.36 percent.
Sales were up from USD15.96 billion. Analysts expected Google to post earnings of USD6.70 per Class A share and USD6.74 per Class C share on USD17.75 billion in revenue, according to a consensus estimate from Thomson Reuters.
While Facebook has reported regional growth in percentage terms, this is the first time it has detailed ad sales outside the United States and Canada as a percent of worldwide sales.
In an interview with CNBC-TV18‘s Sonia Shenoy and Reema Tendulkar, RK Agarwal, CFO, Jagran Prakashan, discussed his company‘s fourth quarter earnings.
A U.S. judge ordered Yahoo Inc to face a nationwide class-action lawsuit accusing it of illegally intercepting the content of emails sent to Yahoo Mail subscribers from non-Yahoo Mail accounts, and using the information to boost advertising revenue.
Often billed as the next great investing opportunity, the Indian media space has flattered to deceive, with the promised “digitization revolution†yet to accrue any significant benefits. Investors are better off playing niche themes such as regional print newspapers and radio companies for better returns, an analysis by IDFC says.
Girish Agarwaal, Non Executive Director, DB Corp says total loan exposure is limited and the company is not preponing loan repayment.
Facebook Inc shares opened 28 percent higher on Thursday after the company reported a huge jump in mobile advertising revenue, and analysts pointed to further growth from new advertising on Instagram and 15-second videos.
Google Inc's mobile ad revenue in the United States will be roughly USD 4 billion next year, while Facebook Inc's nascent mobile advertising business will more than double, according to a new study by research firm eMarketer.
Time Warner Inc on Wednesday posted a lower quarterly profit as the media company saw declines in its film and TV entertainment and publishing units, while advertising revenue for its cable networks missed some analysts' expectations.
What is most interesting about the Q2 results of Zee News is that the company has managed to clock advertising revenue growth of 19.5% despite a weak environment. Speaking to CNBC-TV18, Barun Das, chief executive officer, ZEE news says that the ad growth is not encouraging except for the festive season.