2021.01.29 Last Week in Digital Media

Hello!

Here’s your Last Week in Digital Media and all the news you may have missed:

GENERAL

QUARTERLY RESULTS

  • Verizon released their Q4 2020 results. Some interesting stats is that Verizon Media performed well, up 11.4%, but FiOS TV (their cable service) lost 72,000 subscribers as cord-cutting continued to gain momentum.
  • Q4 2020 earnings for Facebook (PDF link) were released. Daily Active Users (DAUs) grew, aside from a slight decline in the US; Average Revenue Per User (ARPU) also grew. On all metrics, numbers were up, and there’s no evidence that the boycott impacted the business.
  • not a public company, but TikTok’s owner ByteDance reportedly doubled revenues last year and was profitable. The news came in the same week of reports that ByteDance India has started laying off staff as the country’s ban continues to impact the business.
  • in AT&T’s earnings call, the company reported HBO had 60MM global subscribers, and nearly 41MM of those are in the US. AT&T claims it didn’t expect to reach these subscriber numbers for 2 more years.
  • the Q4 earnings report of Comcast (PDF link) had some updates on their streaming offering, Peacock TV. Peacock TV has 33MM sign-ups to date. This ahead of forecasts, as Comcast didn’t expect to hit this number until 2024.

ONLINE VIDEO

REGULATORY

PRIVACY, TRUST, and SAFETY

Stay safe and have a great week and for all of those in the North East, stay warm!

Joshua

PS. This past week, on Thursday, was Data Privacy Day. If you’re after some suggests tools and services so you can protect your privacy, check out the Global Privacy Control website.