.Twitter Hits $1 Billion in Revenue in Q4 on User Growth, Misses Profit Target
Twitter reached the $1 billion sales mark in the fourth quarter of 2019 — a company record — and netted more daily active users than Wall Street expected, but higher costs led to a miss on profits. Revenue in Q4 reached $1.01 billion, up 11% and topping analyst forecasts, which reflected “steady progress on revenue [...]Chinese short video app Bilibili has launched a series of music events for people forced to stay at home in China due to the spread of novel coronavirus.
IMDb TV, the Amazon-owned free streaming service, has signed a deal with Disney to license full seasons of 21 older TV shows — including “Lost,” “Desperate Housewives,” “My So-Called Life,” “Ally McBeal” and “Malcolm in the Middle.” Under the pact with the Disney Direct-to-Consumer and International group, IMDb TV currently offers every episode of “Desperate [...
Spotify reported its best-ever net adds for Premium subscribers and topped guidance for total monthly active users for the fourth quarter of 2019, as the audio-streamer said it plans to double down on podcasting in 2020. Total monthly active users worldwide were 271 million as of the end of the year, up 31% and beating [...]
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