Curiosity Stream begins using AI tools for marketing, customer feedback
(Logo courtesy CuriosityStream, Graphic by The Desk)
Fact-based streaming platform Curiosity Stream narrowed its operational loss to $4.7 million in 2023 and announced a future dividend program as it eyes positive free cash flow this year.
On Wednesday, Curiosity Stream said the company generated $56.9 million in revenue last year from the sale of its documentary-heaving streaming service and advertisements run against some linear content channels. The figure was about 27 percent lower compared to the $78 million earned in 2022.
For the quarter (Q4), Curiosity Stream took in $14.8 million in revenue, slightly higher than the $14.5 million earned during Q4 2022.
The company’s operating loss stood at $48.9 million for the year, down from $50.9 million in 2022, and $4.7 million during Q4 2023, a decrease of 67 percent on a year-over basis. The loss was attributed to lower expenses during the year, which clocked in at $16.2 million, down from $39.5 million in 2022.
“Our fourth quarter revenue results met our guidance range while...
Fact-based streaming platform Curiosity Stream narrowed its operational loss to $4.7 million in 2023 and announced a future dividend program as it eyes positive free cash flow this year.
On Wednesday, Curiosity Stream said the company generated $56.9 million in revenue last year from the sale of its documentary-heaving streaming service and advertisements run against some linear content channels. The figure was about 27 percent lower compared to the $78 million earned in 2022.
For the quarter (Q4), Curiosity Stream took in $14.8 million in revenue, slightly higher than the $14.5 million earned during Q4 2022.
The company’s operating loss stood at $48.9 million for the year, down from $50.9 million in 2022, and $4.7 million during Q4 2023, a decrease of 67 percent on a year-over basis. The loss was attributed to lower expenses during the year, which clocked in at $16.2 million, down from $39.5 million in 2022.
“Our fourth quarter revenue results met our guidance range while...
- 3/22/2024
- by Matthew Keys
- The Desk
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