Latest news with #MediaCompany
Yahoo
23-07-2025
- Business
- Yahoo
Scholastic (SCHL) Q2 Earnings Report Preview: What To Look For
Educational publishing and media company Scholastic (NASDAQ:SCHL) will be reporting results this Thursday after market hours. Here's what to expect. Scholastic missed analysts' revenue expectations by 3.5% last quarter, reporting revenues of $335.4 million, up 3.6% year on year. It was a mixed quarter for the company, with a solid beat of analysts' EPS estimates but full-year EBITDA guidance missing analysts' expectations. Is Scholastic a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Scholastic's revenue to grow 4.1% year on year to $494.6 million, a reversal from the 10.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.85 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Scholastic's peers in the consumer discretionary segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Levi's delivered year-on-year revenue growth of 6.4%, beating analysts' expectations by 5.8%, and Nike reported a revenue decline of 12%, topping estimates by 3.4%. Levi's traded up 11.1% following the results while Nike was also up 15.2%. Read our full analysis of Levi's results here and Nike's results here. There has been positive sentiment among investors in the consumer discretionary segment, with share prices up 13.9% on average over the last month. Scholastic is up 2.3% during the same time and is heading into earnings with an average analyst price target of $35 (compared to the current share price of $21.83). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Bloomberg
17-07-2025
- Entertainment
- Bloomberg
Godzilla Conquered Japan. Now Its Owner Plots a Global Takeover
Godzilla, arguably the most famous symbol of Tokyo's storied film industry, has appeared in more than three dozen movies since its 1954 debut. The films have grossed billions of dollars at the box office, spawning legions of merchandise, from thermoses to plushies, and turning the fictional creature into a global household name. But outside Japan, few can name Toho Co., the media company that put the havoc-wreaking monster on the big screen more than 70 years ago. Chief Executive Officer Hiroyasu Matsuoka, great-grandson of the company's founder, is trying to change that.
BBC News
02-07-2025
- Business
- BBC News
Paramount to pay Trump $16m over 60 Minutes Kamla Harris interview
US media company Paramount Global has agreed to pay $16 million (£13.5m) to settle a legal dispute with US President Donald Trump regarding an interview it broadcast on CBS with former Vice President Kamala filed a lawsuit last October, alleging the network had deceptively edited an interview that aired on its 60 Minutes news programme with his presidential election rival Kamala Harris, to "tip the scales in favour of the Democratic party".Paramount said it would pay to settle the suit, but with the money allocated to Trump's future presidential library, not paid to him "directly or indirectly".The company noted the settlement does not include a statement of apology or regret. CBS, which is owned by Paramount, previously said the case was "completely without merit" and had asked a judge to dismiss settlement marks the latest concession by a US media company to a president who has targeted outlets over what he describes as false or misleading to the lawsuit filed in federal court in Texas, CBS aired two versions of the Harris interview in which she appeared to give different answers to the same question about the Israel-Gaza Bill Whitaker asked the Democratic nominee about the Biden administration's relationship with Israel. The network later aired two different versions of her response. One clip aired on Face the Nation and the other on 60 Minutes. Trump suggested Harris's "word salad" answer had been deceptively edited in one version to shield her from said it edited Harris's answer for time, in accordance with television news standards. Trump sued, originally claiming for $10bn (£8.5bn) but that figure was later increased to $20bn ($17bn) for May this year, the company offered $15m (12.7m) to settle the suit but Trump wanted more than $25m (£21m).In a statement released on Tuesday, Paramount confirmed the settlement fee included the president's legal fees, and that it had agreed that 60 Minutes will release transcripts of interviews with future presidential candidates. Settled ahead of planned merger According to both the Wall Street Journal and New York Times, the settlement was agreed - with the help of mediator - so as to not affect Paramount's planned merger with Skydance Media, which the Federal Communications Commission has been reviewing and therefore Trump technically has the power to the month-long settlement talks, some CBS News executives including chief executive Wendy McMahon have left their roles, due to their unwillingness to issue an apology to were also reportedly concerns over whether paying to settle the lawsuit could be viewed as bribing a public official.A spokesman for Trump's legal team said the settlement was "another win for the American people as he, once again, holds the Fake News media accountable for their wrongdoing and deceit." He added that CBS and Paramount "realised the strength of this historic case."CBS has said the broadcast was "not doctored or deceitful".BBC News has contacted Paramount and the White House for further Paramount settlement follows a decision by Walt Disney-owned ABC News to settle a defamation case brought by Trump.
