2020.02.07 Last Week in Digital Media

Hello

Here’s your Last week in Digital Media:

QUARTERLY REPORTS

  • Google released its Q4 2019 results. Revenue was US$46.075B. For the first time, Google released YouTube financials, with YouTube’s revenue at US$15.15B (up from US$11.16B a year ago), but there’s no breakout of YouTube profitability.
  • Twitter Q4 results saw an increase in Monetizable Daily Active Users (mDAUs) to 152MM (PDF link) up 21% YoY. Revenue came in a US$1.01B up 11%.
  • Snap’s year-end and Q4 results, saw global Daily Active Users (DAUs) increase to 218MM (up from 210MM the previous quarter (PDF link). Revenue fell short of analyst expectations, coming in at US$561MM (vs. US$563MM expected).
  • Spotify reported Q4 2019 earnings (PDF link), total users sit at 271MM, with paid (ad-free) subscribers sitting at 124MM. The company expects to have 300MM subscribers by the end of the year. Podcast hours streamed is up 200% YoY, which suggests all the investments in original content are paying off.
  • Sirius/Pandora Q4 results saw Monthly Active Users (MAUs) at Pandora fall to 63.5MM down from 69.4MM. Despite the fall in MAU’s full-year ad revenue was up 10% to US$1.2B.
  • Disney’s Q1 2020 results gave some insights into how Disney+ is doing, with the Disney+ service reaching 26.5MM paying subscribers. During the earnings call, this had climbed to 28.6MM subscribers. It’s worth reading the CNBC analysis, as there’s a handy chart that shows how Disney+ is positioned relative to competitors. Disney+ still forecasts 60-90MM subscribers by 2020 year-end.

GENERAL

VIDEO, AUDIO, and STREAMING

RESEARCH

REGULATION

PRIVACY, TRUST, and SAFETY

Have a great week.

Joshua

PS. Just a friendly reminder, I am currently traveling, I am doing my best to curate the news and make sure these emails go out. I can’t guarantee there will be a newsletter next week, but I promise that I will try.