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Media Notes: May 8, 2025

“Messy” by ROSÉ Video Drops

The latest track off F1 The Album dropped today. “Messy” by ROSÉ is a new single and contribution to the movie soundtrack tied to the upcoming film “F1”. The music video weaves the South Korean singer into scenes from the film.

The album arrives in stores and at all online retailers on Friday, June 27th in conjunction with the theatrical release of the feature film. The album is driven by brand new tracks from an exhilarating lineup of superstar artists, including Ed Sheeran, Tate McRae, Doja Cat, ROSÉ, Burna Boy, Chris Stapleton, RAYE, Tiësto, Myke Towers, & more.

ROSÉ participated in events surrounding the Miami Grand Prix last weekend. That F1 race concluded with a first place position by Oscar Piastri.

Paramount Global

Paramount’s Q1 2025 Earnings: Streaming Growth & Blockbuster Success

Paramount Global has kicked off 2025 with a strong quarter, driven by hit TV series, blockbuster films, and continued momentum in streaming. Despite a 6% decline in total revenue, the company saw growth in direct-to-consumer (DTC) revenue, fueled by Paramount+ and Pluto TV.

Streaming Surge

Paramount+ reached 79 million global subscribers, adding 1.5 million new users in the quarter. Watch time per user increased 17% year-over-year, and churn improved significantly. Pluto TV also saw record engagement, reinforcing Paramount’s position in the streaming space.

Box Office Wins

Sonic the Hedgehog 3 delivered a record-breaking franchise performance, boosting Paramount Pictures’ revenue. The film, along with Gladiator II, drove strong home entertainment and streaming numbers, ranking among the most-viewed movies on Paramount+.

TV Dominance

CBS is set to remain the most-watched network in primetime for the 17th consecutive season, with hits like Tracker and Matlock leading the charge. The AFC Championship Game set a 15-year viewership record, averaging 57.4 million viewers.

Financial Highlights

  • DTC revenue grew 9%, with subscription revenue up 16%.
  • Total company affiliate & subscription revenue returned to growth, up 1% year-over-year.
  • Paramount generated $180 million in net operating cash flow and $123 million in free cash flow.
  • The Skydance transaction is expected to close in the first half of 2025.

With a powerful content slate and strategic execution, Paramount is positioning itself for continued success in streaming, film, and television. Stay tuned for more updates as the company navigates the evolving media landscape.

Peloton Slashes Marketing Again in Hard Play for Profitability

Peloton’s Q3 2025 Earnings: Subscription Growth Amid Hardware Decline

Peloton Interactive has reported its third-quarter fiscal 2025 earnings, showing a mixed performance as the company continues its shift toward a subscription-first model. While hardware sales declined, Peloton saw strong engagement in its digital offerings, reinforcing its strategy to focus on content and connected fitness subscriptions.

Key Financial Highlights:

  • Total revenue fell 13% year-over-year to $624 million, but exceeded analyst expectations.
  • Connected Fitness Products revenue dropped 27%, reflecting weaker demand for Peloton’s hardware.
  • Subscription revenue declined 4%, but engagement in Strength and Meditation content increased.
  • Adjusted EBITDA surged to $89.4 million, marking an 83.6% improvement year-over-year.
  • Net loss narrowed to $47.7 million, compared to $167.3 million in the same quarter last year.

Strategic Shifts:

Peloton’s CEO Peter Stern emphasized the company’s four-pillar strategy:

  1. Improve Member Outcomes – Enhancing fitness content and personalized coaching.
  2. Meet Members Everywhere – Expanding commercial partnerships with gyms and hotels.
  3. Create Members for Life – Strengthening community engagement through new features.
  4. Operate with Business Excellence – Optimizing costs and improving profitability.

Looking Ahead:

Peloton raised its full-year revenue forecast to $2.46 billion – $2.47 billion, reflecting confidence in its subscription-driven growth. However, hardware sales remain a challenge, and the company continues to navigate tariff-related costs on its equipment.

As Peloton pivots toward a digital-first future, its ability to retain and grow its subscriber base will be crucial. Will this strategy be enough to offset declining hardware demand? Stay tuned for more updates as Peloton reshapes its business model.

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