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Glacier Reports Second Quarter 2025 Results
Globenewswire· 2025-08-07 21:00
EBITDA is considered a non-GAAP measure. Refer to "EBITDA Reconciliation" below for a reconciliation of the Company's net (loss) income attributable to common shareholders as reported under IFRS to EBITDA. Consolidated revenue for the quarter ended June 30, 2025, was $32.6 million, down $0.9 million or 2.7% from the same quarter in the prior year. The consolidated EBITDA loss for the period was $0.4 million, a decline of $1.3 million, from EBITDA of $0.9 million for the same quarter in the prior year. Capit ...
News Corp profits spike nearly 30% in fourth quarter, revenue rises 1%
New York Post· 2025-08-05 22:34
Core Insights - News Corp reported a 28% increase in quarterly profits and a 1% rise in revenue, surpassing Wall Street expectations [1] - The company's net income for the fourth quarter was $86 million, up from $67 million year-over-year, while revenues reached $2.11 billion, compared to $2.09 billion in the prior year [1] - For the fiscal year 2025, profits surged 71% to $648 million from $379 million, with annual revenues increasing 2% to $8.45 billion [4] Revenue Drivers - The earnings growth was primarily driven by higher circulation and subscription revenues from the Dow Jones division, which includes notable publications like The Wall Street Journal and Barron's [2][4] Capital Return Strategy - News Corp's CEO announced a new $1 billion stock repurchase program, in addition to approximately $300 million remaining from a previous program [5] - The company plans to accelerate share repurchases following the release of these strong financial results, reflecting confidence in its financial strength [6] Expansion Plans - The company is set to expand its operations with the launch of The California Post in early 2026, targeting the West Coast market [8] Industry Commentary - The CEO emphasized the importance of protecting intellectual property rights in the face of challenges posed by artificial intelligence, highlighting the need to maintain America's competitive edge through creativity and innovation [9][10]
Robert Thompson, CEO Of Rupert Murdoch's News Corp, Jabs Donald Trump For Backing “Blatant Theft” By AI: “The Art Of The Deal Has Become The Art Of The Steal”
Deadline· 2025-08-05 21:34
Core Viewpoint - The ongoing conflict between News Corp and Donald Trump highlights the tension surrounding intellectual property rights in the age of AI, with CEO Robert Thomson criticizing Trump's support for AI technology while emphasizing the need to protect creators' rights [1][2][5]. Group 1: Company Position on AI and Intellectual Property - News Corp is actively pursuing legal action against AI firms, claiming that their technologies infringe on the company's intellectual property by utilizing content from its publications without permission [4][9]. - Thomson articulated the importance of safeguarding intellectual property, stating that the value of creativity and ingenuity must be preserved to maintain a competitive edge against countries like China [5][8]. - The company is adopting a "woo-and-sue" strategy towards AI firms, indicating a dual approach of collaboration and litigation to protect its content [9]. Group 2: Financial Implications and Industry Context - Thomson noted that companies are investing tens of billions in AI infrastructure, yet they must also allocate significant resources to secure content that is essential for their success [8]. - The potential for AI to cannibalize existing works, such as Trump's books, raises concerns about future sales and the overall health of the content ecosystem [6][7]. - The ongoing legal battles and the need for a healthy content ecosystem are critical for the sustainability of media companies like News Corp in the evolving digital landscape [9].
Robert Thomson, CEO Of Rupert Murdoch's News Corp, Waggishly Notes That Donald Trump Is Among Authors Hurt By “Blatant Theft” Of AI: “The Art Of The Deal Has Become The Art Of The Steal”
Deadline· 2025-08-05 21:34
Core Viewpoint - News Corp's CEO Robert Thomson highlighted the challenges posed by AI to intellectual property, referencing Donald Trump's situation in the context of the company's fiscal fourth quarter earnings report [1][3][5]. Group 1: Company Earnings and AI Impact - Thomson cleverly referenced Trump in the earnings report without directly mentioning the lawsuit or Epstein, indicating a potential thaw in relations between Murdoch and Trump [2]. - The earnings release emphasized the irony of Trump, as an intellectual property holder, being affected by AI, despite his support for tech firms in AI development [3]. - Thomson stated that companies are investing tens of billions in data centers, chips, and energy generation, and they must also invest significantly in content to ensure a healthy content ecosystem [8]. Group 2: Intellectual Property and Legal Actions - News Corp has been actively pursuing legal options to protect its intellectual property, including a lawsuit against AI firm Perplexity for allegedly using its content without permission [4][9]. - Thomson stressed the importance of protecting intellectual property rights, arguing that undermining these rights would damage America's creative advantage [5]. - The company is adopting a "woo-and-sue" strategy towards AI firms, indicating a dual approach of collaboration and legal action to safeguard its content [9].
International Sensation “The Story of Marceau Miller” Gets English-Language Release with Blackstone Publishing
GlobeNewswire News Room· 2025-08-05 16:25
Core Insights - The Story of Marceau Miller is a literary thriller that has gained international acclaim and will be published in English on March 3, 2026 [1][2] - The novel, originally released in France in January 2025, has sold to twelve countries and is being adapted for film and TV by Gaumont [3] Company and Industry Summary - Blackstone Publishing is set to release The Story of Marceau Miller, marking its first translated work of fiction [5] - The acquisition deal was facilitated by Blackstone's Head of Foreign Rights and Senior Acquisitions Editor, Stephanie Koven, and Marleen Seegers from 2 Seas Agency [4] - Blackstone Publishing has a history of publishing bestsellers and is recognized as one of America's fastest-growing publishing houses [10] - The novel has been described as a captivating psychological suspense story, appealing to readers who enjoy complex narratives similar to those of Gillian Flynn [5] - In addition to The Story of Marceau Miller, Blackstone will also publish Marc-Uwe Kling's bestselling novel Views in May 2026 [5]
IAC(IAC) - 2025 Q2 - Earnings Call Presentation
2025-08-05 12:30
Financial Performance & Guidance - IAC's consolidated Adjusted EBITDA grew by 15% [8] - Full-year 2025 Adjusted EBITDA guidance is between $247 million and $285 million [8] - People Inc expects Q3 2025 Digital revenue growth of 7%-9% and total Adjusted EBITDA between $68 million and $73 million [54] - For FY 2025, People Inc expects Digital revenue growth between 7%-10% [54] People Inc (Formerly Dotdash Meredith) - Digital revenue growth accelerated to 9% [8] - Digital Adjusted EBITDA margin was 24% in Q2 2025 [32] - People Inc's Digital revenue for Q2 2025 was $260 million [32] - People Inc's Digital Adjusted EBITDA for Q2 2025 was $63 million [32] Care.com - Care.com's revenue for the last twelve months ending June 30, 2025, was $360 million [46] - Care.com's Adjusted EBITDA for the last twelve months ending June 30, 2025, was $46 million [46] - Care.com expects revenue declines of 4%-7% in Q3 [54]
Value Line's Q4 Earnings Fall Y/Y on Print Revenue Decline
ZACKS· 2025-08-04 18:46
Core Insights - Value Line, Inc. (VALU) shares have declined 2% since the earnings report for the quarter ended April 30, 2025, underperforming the S&P 500 index, which grew by 2.4% during the same period [1] - The company's earnings per share (EPS) for Q4 fiscal 2025 decreased to 42 cents from 51 cents in the prior year, with net income falling 17.4% to $4 million [2] - For the full fiscal year 2025, EPS increased by 8.9% to $2.20, driven by a 37.9% rise in non-voting revenues from EULAV Asset Management Trust (EAM) [3] Financial Performance - Net income for Q4 fiscal 2025 was $4 million, down from $4.8 million in the same quarter last year, while operating income decreased to $0.8 million from $1.5 million [2] - For the full year, income from operations fell 34.5% to $6 million, down from $9.1 million the previous year [3] - Operating expenses rose by 2.6% year over year to $29.1 million, but this was offset by a 17.1% increase in investment gains to $3.2 million [4] Management Commentary - Management attributed the decline in operational income to decreased copyright revenues and cost pressures, while highlighting the strong contribution from EAM [5] - The company is focused on digital transformation to counteract the long-term decline in print revenue [5] EAM Performance - EAM's assets under management (AUM) grew to $4.7 billion, a 12% increase from $4.2 billion the previous year, contributing to improved earnings from Value Line's non-voting economic interests in EAM [6] Revenue Trends - Declines in subscription-based and copyright-related income negatively impacted operational results, with continued pressure on retail print subscriptions expected to persist [7] - Digital revenue streams are growing but not yet sufficient to fully replace lost print revenues [7] - The increase in non-voting revenues and profits from EAM helped improve net income, attributed to rising AUM and better investment performance [8] Macroeconomic Context - Management cited geopolitical uncertainties, trade tensions, and a cooling U.S. economy as headwinds, but noted a resilient job market and easing inflation in spring 2025, which supported broader equity markets [9] Share Repurchase Program - During the fiscal quarter, Value Line repurchased 4,961 shares at an average price of $36.40, with approximately $0.8 million remaining under the $3 million buyback authorization approved in October 2022 [11]
Dotdash Meredith is now People Inc.
Prnewswire· 2025-07-31 14:15
Company Overview - Dotdash Meredith has rebranded itself as People Inc., marking a new chapter for the largest digital and print publisher in America [1][2] - The company owns iconic media brands such as PEOPLE, Food & Wine, Travel + Leisure, Allrecipes, Better Homes & Gardens, InStyle, Verywell, Entertainment Weekly, and Southern Living [1][4] Brand Philosophy - The new name, People Inc., reflects the company's commitment to content and experiences created by people for people, aiming to delight, inspire, teach, and entertain [2][4] - The name also leverages the popularity of its flagship title, PEOPLE, which is one of the most beloved media brands in America [2] Leadership Insights - CEO Neil Vogel stated that the previous combined name of Dotdash and Meredith lacked elegance and meaning, and the new name better represents the company's energy, vibrancy, and human legacy [3] - The logo of People Inc. pays homage to the original Time Inc. wordmark, symbolizing the company's historic roots in media [3] Audience Engagement - People Inc. reaches over 175 million people each month, helping them find inspiration, make decisions, and take action [4] - The company operates more than 40 iconic brands, emphasizing its extensive reach and influence in the media landscape [4]
AS Ekspress Grupp: Consolidated unaudited interim report for Q2 and 6 months of 2025
Globenewswire· 2025-07-31 05:00
Core Insights - Ekspress Grupp's revenue continued to grow in Q2 2025, driven by investments in conference business, ticket sales, and digital outdoor screens, despite facing pressure on advertising sales due to a weak economic environment in the Baltic States [1][2]. Revenue Performance - The revenue for Q2 2025 increased by EUR 1.8 million (+9%) year-over-year, totaling EUR 21.4 million, while the revenue for the first half of 2025 increased by EUR 2.6 million (+7%) to EUR 38.4 million [2][8]. - Key contributors to growth included the Estonian Training and Convention Centre and UAB Kenton Baltic, along with Delfi Lithuania's AI project and growth in digital subscriptions and ticket sales [2][9]. Digital Revenue Insights - Digital revenue for the first six months of 2025 increased by 2% year-over-year, but the share of digital revenue in total revenue decreased from 87% to 83% due to the acquisition of the training business [3][11]. - The Group added over 22,000 new digital subscriptions (+10%) in the Baltic States, reaching a total of 245,000 subscriptions by the end of Q2 2025 [3]. Ticket Sales and Outdoor Screens - Revenue from ticket sales platforms increased by 13% year-over-year, while the outdoor screen business grew by 3%, supported by an expansion to 156 screens [4]. Profitability Metrics - EBITDA for Q2 2025 totaled EUR 2.8 million, a decrease of EUR 0.2 million (-7%) year-over-year, with a margin of 13% [5][13]. - The net profit for Q2 2025 was EUR 1.1 million, an increase of EUR 0.1 million (+6%), but the Group incurred a net loss of EUR -0.5 million for the first half of the year, which is EUR 0.3 million higher than the previous year [5][14]. Cash Position and Dividends - As of June 30, 2025, the Group had available cash of EUR 7.2 million, an increase from EUR 5.5 million a year earlier, and paid a dividend of EUR 0.06 per share totaling EUR 1.86 million [6][19]. Segment Overview - The media segment's revenue for Q2 2025 was EUR 21.4 million, with advertising revenue declining by 8% year-over-year [20]. - The share of revenue from digital channels was 83% in Q2 2025, down from 90% in Q2 2024, reflecting the impact of new business acquisitions [21].
X @The Economist
The Economist· 2025-07-30 14:20
The Economist is recruiting journalists to write about politics and public policy at our office in Washington, DC. Find out more and apply here https://t.co/Wc0D0cL9w8 ...