(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
Unscripted streamer Curiosity has appointed Ludo Dufour to the new role of Vice President of Licensing.
Effective immediately, experienced industry exec Dufour will lead and drive global licensing of Curiosity’s large and growing portfolio of factual films, series and specials. The streamer’s IP spans history, technology, science, nature and wildlife, travel, adventure and more, with key programs including David Attenborough’s Light on Earth, The Real Wild West and Beyond The Spotlight, executive produced by Academy Award-winner Leonardo DiCaprio.
Dufour will report to Curiosity’s President and CEO Clint Stinchcomb.
“Ludo’s extensive experience and proven track record in the global media and entertainment industry make him an invaluable addition to our team,” said Stinchcomb. “We are confident that his leadership will significantly enhance our licensing capabilities and help expand our reach to audiences around the globe hungry for premium factual entertainment.”
“I am deeply honored to join...
Effective immediately, experienced industry exec Dufour will lead and drive global licensing of Curiosity’s large and growing portfolio of factual films, series and specials. The streamer’s IP spans history, technology, science, nature and wildlife, travel, adventure and more, with key programs including David Attenborough’s Light on Earth, The Real Wild West and Beyond The Spotlight, executive produced by Academy Award-winner Leonardo DiCaprio.
Dufour will report to Curiosity’s President and CEO Clint Stinchcomb.
“Ludo’s extensive experience and proven track record in the global media and entertainment industry make him an invaluable addition to our team,” said Stinchcomb. “We are confident that his leadership will significantly enhance our licensing capabilities and help expand our reach to audiences around the globe hungry for premium factual entertainment.”
“I am deeply honored to join...
- 11/28/2023
- by Jesse Whittock
- Deadline Film + TV
If you didn’t take advantage of the deal that Curiosity Stream was offering on its lifetime subscription a few weeks ago, you might be kicking yourself now.
That’s because the price of a monthly subscription to the documentary film-focused service is going up. In its fourth quarter 2022 earnings report, released late last week, Curiosity Stream announced it was increasing the monthly rate of its Standard plan from $2.99 to $4.99. The annual plan is doubling in price, jumping from $19.99 to $39.99. The Smart Bundle plan, which offers access to Da Vinci Kids, Tastemade, and more, will remain at $9.99 per month or $69.99 per year.
7-Day Free Trial $2.99+ / month curiositystream.com
“We had long maintained our pricing despite the significant investments we have made to expand our content library and improve the user experience,” company president and CEO Clint Stinchcomb said. “We believe our new price points continue to represent exceptional value relative...
That’s because the price of a monthly subscription to the documentary film-focused service is going up. In its fourth quarter 2022 earnings report, released late last week, Curiosity Stream announced it was increasing the monthly rate of its Standard plan from $2.99 to $4.99. The annual plan is doubling in price, jumping from $19.99 to $39.99. The Smart Bundle plan, which offers access to Da Vinci Kids, Tastemade, and more, will remain at $9.99 per month or $69.99 per year.
7-Day Free Trial $2.99+ / month curiositystream.com
“We had long maintained our pricing despite the significant investments we have made to expand our content library and improve the user experience,” company president and CEO Clint Stinchcomb said. “We believe our new price points continue to represent exceptional value relative...
- 4/3/2023
- by David Satin
- The Streamable
Documentary-packed streaming service CuriosityStream has a whole bunch of factual content — but none that really covers or caters to LGBTQ issues. On Tuesday, top executives at the John Hendricks-founded company vowed that will change.
“We know we can do more in that space and we will do a lot more,” Clint Stinchcomb (pictured above), CuriosityStream’s president and CEO, said when asked about the lack of LGBTQ-focused offerings during his company’s virtual Television Critics Association (TCA) Winter Press Tour panel.
“We definitely have people in the LGBT community that are in our content and produce our content. We do understand that there are a lot of areas that we want to increase the depth and breadth in,” Devin Emery, CuriosityStream chief product officer and executive vice president, added. “We are excited about the new resources that we have as a company. We’re excited about the progress that we...
“We know we can do more in that space and we will do a lot more,” Clint Stinchcomb (pictured above), CuriosityStream’s president and CEO, said when asked about the lack of LGBTQ-focused offerings during his company’s virtual Television Critics Association (TCA) Winter Press Tour panel.
“We definitely have people in the LGBT community that are in our content and produce our content. We do understand that there are a lot of areas that we want to increase the depth and breadth in,” Devin Emery, CuriosityStream chief product officer and executive vice president, added. “We are excited about the new resources that we have as a company. We’re excited about the progress that we...
- 2/16/2021
- by Tony Maglio
- The Wrap
CuriosityStream ended its first day of trading on the Nasdaq on Thursday at $11.20 a share, up 11% in its initial public offering.
Founded by Discovery founder John Hendricks in 2015, the company runs a streaming service focused on factual programming, including shows about nature and history.
In August, CuriosityStream said it would go public via a special purpose acquisition group, or Spac, an investment vehicle known in financial circles as a “blank-check” company. The streaming company was acquired by a Spac called Software Acquisition Group.
CuriosityStream has reported having 13 million subscribers in 175-plus countries. Its price point is decidedly modest in the subscription streaming arena, at $2.99 a month or $19.99 a year.
CEO Clint Stinchcomb, who had a long run as an executive at Discovery, told Deadline the company’s churn is competitive with that of Netflix at the low end of the spectrum, below 3%. “We really see ourselves as a value, coming...
Founded by Discovery founder John Hendricks in 2015, the company runs a streaming service focused on factual programming, including shows about nature and history.
In August, CuriosityStream said it would go public via a special purpose acquisition group, or Spac, an investment vehicle known in financial circles as a “blank-check” company. The streaming company was acquired by a Spac called Software Acquisition Group.
CuriosityStream has reported having 13 million subscribers in 175-plus countries. Its price point is decidedly modest in the subscription streaming arena, at $2.99 a month or $19.99 a year.
CEO Clint Stinchcomb, who had a long run as an executive at Discovery, told Deadline the company’s churn is competitive with that of Netflix at the low end of the spectrum, below 3%. “We really see ourselves as a value, coming...
- 10/15/2020
- by Dade Hayes
- Deadline Film + TV
Rising unscripted streaming service CuriosityStream plans to go public as a result of a reverse merger with Software Acquisition Group.
The deal has an enterprise value of about $331 million and an equity value of $512 million.
CuriosityStream chairman John Hendricks, founder of the Discovery Channel, and Software Acquisition Group chairman Jonathan Huberman made the announcement Tuesday. Hendricks will remain chairman of the new entity, whose management team is expected to remain intact, with Clint Stinchcomb continuing to serve as president and CEO.
Software Acquisition Group is a special purpose acquisition company, or Spac. It raised about $150 million via an initial public offering in November 2019.
SPACs, known in financial circles as “blank check” companies, are not a new phenomenon and have ebbed and flowed in the market over two-plus decades based on larger economic trends. They use proceeds from their own Ipo to acquire other targets, in theory creating instant value. Hollywood...
The deal has an enterprise value of about $331 million and an equity value of $512 million.
CuriosityStream chairman John Hendricks, founder of the Discovery Channel, and Software Acquisition Group chairman Jonathan Huberman made the announcement Tuesday. Hendricks will remain chairman of the new entity, whose management team is expected to remain intact, with Clint Stinchcomb continuing to serve as president and CEO.
Software Acquisition Group is a special purpose acquisition company, or Spac. It raised about $150 million via an initial public offering in November 2019.
SPACs, known in financial circles as “blank check” companies, are not a new phenomenon and have ebbed and flowed in the market over two-plus decades based on larger economic trends. They use proceeds from their own Ipo to acquire other targets, in theory creating instant value. Hollywood...
- 8/11/2020
- by Dade Hayes
- Deadline Film + TV
John Hendricks’ CuriosityStream Enters Into $331M Reverse Merger to Become a Publicly Traded Company
CuriosityStream, the nonfiction streaming company headed by Discovery Channel founder John Hendricks, is going public through a reverse merger with a firm set up to execute just such a roll-up deal.
CuriosityStream is combining with Software Acquisition Group Inc., a special purpose acquisition company that raised about $150 million in November 2019. The merger is valued at $331 million, with the new entity carrying an equity value of approximately $512 million, according to the companies.
Technically, Software Acquisition Group is acquiring CuriosityStream (and the new company will adopt the CuriosityStream name). Following the deal closing, Hendricks will remain chairman as well as the combined company’s largest shareholder.
Launched in 2015, CuriosityStream says it now has more than 13 million paying subscribers worldwide for the service, which offers an array of 3,100-plus titles including original docuseries, films and specials spanning science, nature, history, technology, society and lifestyle.
“CuriosityStream has the unique advantage of being a ‘pure...
CuriosityStream is combining with Software Acquisition Group Inc., a special purpose acquisition company that raised about $150 million in November 2019. The merger is valued at $331 million, with the new entity carrying an equity value of approximately $512 million, according to the companies.
Technically, Software Acquisition Group is acquiring CuriosityStream (and the new company will adopt the CuriosityStream name). Following the deal closing, Hendricks will remain chairman as well as the combined company’s largest shareholder.
Launched in 2015, CuriosityStream says it now has more than 13 million paying subscribers worldwide for the service, which offers an array of 3,100-plus titles including original docuseries, films and specials spanning science, nature, history, technology, society and lifestyle.
“CuriosityStream has the unique advantage of being a ‘pure...
- 8/11/2020
- by Todd Spangler
- Variety Film + TV
CuriosityStream has hired Bill Goodwyn, a 30-year veteran of cable programmer Discovery, in a new role overseeing sales, distribution, marketing, strategy and business development.
Goodwyn reports to CuriosityStream president/CEO Clint Stinchcomb, who’s also a Discovery alum. The non-fiction streaming content company was founded by John Hendricks, a pioneer in the cable TV world who in the mid-’80s founded Discovery Channel.
Launched in 2015, CuriosityStream says it now has 13 million paying subscribers for the service, which presents docuseries, films and specials spanning science, nature, history, technology, society and lifestyle.
Goodwyn, as the company’s chief revenue officer and EVP of strategy, business development and partnerships, will oversee all revenue-generating strategy and execution worldwide. That encompasses global distribution including sales, marketing and partner channel teams, sponsorship, advertising and business development.
“The CuriosityStream team was strong and today it got infinitely stronger,” Stinchcomb said in announcing the hire. “Bill is a...
Goodwyn reports to CuriosityStream president/CEO Clint Stinchcomb, who’s also a Discovery alum. The non-fiction streaming content company was founded by John Hendricks, a pioneer in the cable TV world who in the mid-’80s founded Discovery Channel.
Launched in 2015, CuriosityStream says it now has 13 million paying subscribers for the service, which presents docuseries, films and specials spanning science, nature, history, technology, society and lifestyle.
Goodwyn, as the company’s chief revenue officer and EVP of strategy, business development and partnerships, will oversee all revenue-generating strategy and execution worldwide. That encompasses global distribution including sales, marketing and partner channel teams, sponsorship, advertising and business development.
“The CuriosityStream team was strong and today it got infinitely stronger,” Stinchcomb said in announcing the hire. “Bill is a...
- 6/30/2020
- by Todd Spangler
- Variety Film + TV
Exclusive: Former NFL stars Anquan Boldin and Santonio Holmes are among those featured in 4th and Forever: Muck City – a docuseries for CuriosityStream, the factual streamer set up by Discovery founder John Hendricks.
While the digital platform has previously commissioned original documentaries, it marks its first move into docuseries.
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The digital platform, which has more than 13M subscribers, has ordered the eight-part series from Jupiter Entertainment, the Sky-owned producer of shows such as Investigation Discovery’s In Pursuit and Oxygen’s Snapped.
The show, which launches on May 14, tells the story of football rivalry between two teams in the towns of Pahokee and Belle Glade,...
While the digital platform has previously commissioned original documentaries, it marks its first move into docuseries.
More from DeadlineSky-Backed Jupiter Entertainment Hires 'The Toy Box' Ep Chris Spry & Promotes PairRoc Nation's Patrick Reardon Joins Sky-Owned Jupiter Entertainment As President; Allison Wallach To Step Down At Year End'Harlots' Producer Vicky Wharton To Lead New Drama Hub For Comcast's Sky Studios
The digital platform, which has more than 13M subscribers, has ordered the eight-part series from Jupiter Entertainment, the Sky-owned producer of shows such as Investigation Discovery’s In Pursuit and Oxygen’s Snapped.
The show, which launches on May 14, tells the story of football rivalry between two teams in the towns of Pahokee and Belle Glade,...
- 4/20/2020
- by Peter White
- Deadline Film + TV
In five years’ time, cable pioneer John Hendricks has assembled a subscriber base of more than 10.5 million for Curiosity Stream, the niche factual programming streaming service that has been successful in getting picked up by cable operators in the U.S. and abroad.
Hendricks, the founder of Discovery Channel, and Curiosity Stream president-ceo Clint Stinchcomb, disclosed the subscriber milestone on Tuesday as the company prepares to launch service in nine Latin American countries.
The independent media company’s biggest growth driver has been going the old-fashioned route of setting deals with cable operators such as Altice USA and Suddenlink. Curiosity Stream gives operators broad on-demand rights to a range of nature, science, arts, history, documentary and travel-focused programming — including linear channel feeds in some cases — in exchange for a flat annual fee. The company’s raft of programming has also been popular in short-form bites on mobile platforms outside the U.
Hendricks, the founder of Discovery Channel, and Curiosity Stream president-ceo Clint Stinchcomb, disclosed the subscriber milestone on Tuesday as the company prepares to launch service in nine Latin American countries.
The independent media company’s biggest growth driver has been going the old-fashioned route of setting deals with cable operators such as Altice USA and Suddenlink. Curiosity Stream gives operators broad on-demand rights to a range of nature, science, arts, history, documentary and travel-focused programming — including linear channel feeds in some cases — in exchange for a flat annual fee. The company’s raft of programming has also been popular in short-form bites on mobile platforms outside the U.
- 12/10/2019
- by Cynthia Littleton
- Variety Film + TV
Altice USA has set a deal with John Hendricks’ CuriosityStream to expand distribution of the science- and history-focused subscription streaming service.
The deal will make CuriosityStream available to all Altice USA’s 4.9 million customers across 21 states, including a big cluster serving New York and Connecticut. Altice also plans to add the CuriosityStream app to its digital operating system.
“We’re always looking at ways to enrich the customer experience, which is why we are pleased to bring CuriosityStream’s rich 4K visuals and storytelling to our Optimum and Suddenlink customers as a value-added benefit,” said Hakim Boubazine, Altice USA co-president and chief operating officer. “Whether through traditional video or digital streaming offerings, our platform enables the delivery of all types of content to our customers so they can access what they want, when they want it.”
CuriosityStream launched in 2015 as the brainchild of Hendricks, the founder of cable’s Discovery Channel.
The deal will make CuriosityStream available to all Altice USA’s 4.9 million customers across 21 states, including a big cluster serving New York and Connecticut. Altice also plans to add the CuriosityStream app to its digital operating system.
“We’re always looking at ways to enrich the customer experience, which is why we are pleased to bring CuriosityStream’s rich 4K visuals and storytelling to our Optimum and Suddenlink customers as a value-added benefit,” said Hakim Boubazine, Altice USA co-president and chief operating officer. “Whether through traditional video or digital streaming offerings, our platform enables the delivery of all types of content to our customers so they can access what they want, when they want it.”
CuriosityStream launched in 2015 as the brainchild of Hendricks, the founder of cable’s Discovery Channel.
- 8/19/2019
- by Cynthia Littleton
- Variety Film + TV
CuriosityStream presented for the first time on Saturday at the Television Critics Association’s 2019 Winter Press Tour, and by all accounts, it’s a new network that aims to steal Netflix’s and pretty much everyone’s “just the facts” thunder. Founder John Hendricks is no programming rookie, his vision and steerage for the behemoth Discovery and all its network spawn [TLC, Science Channel, ID and more] still dominate the cable television space. Hendricks has every intention of becoming the alpha and omega force in all things factual, from documentaries to the coming slate of news analysis shows and the resurrection of classic […]
The post CuriosityStream exclusive: John Hendricks and Clint Stinchcomb on the binge-worthy factual TV newcomer appeared first on Monsters and Critics.
The post CuriosityStream exclusive: John Hendricks and Clint Stinchcomb on the binge-worthy factual TV newcomer appeared first on Monsters and Critics.
- 2/10/2019
- by April Neale
- Monsters and Critics
A Great Streaming War is upon us, John Hendricks told TV critics at TCA on Saturday.
“We knew this day was coming,” he told TV critics of the content “pandemonium” that has broken out. Streaming services are now disrupting cable TV, in much the same way cable disrupted broadcast earlier, and broadcast disrupted radio.
“It’s an exciting time to be part of this third wave,” Hendricks said. He had came to pitch his streaming service, Curiosity Stream, which he boasts has the corner on the “full factual market.”
“We’re not niche,” he insisted, saying his venture includes everything fact based except breaking newscasts. Library current stands at about 2,100 titles and will soon be up to 3K.
“With factual TV, we’ve kind of got it now,” he said of the genre.
Only about six streaming behemoths will survive this war, Hendricks forecast.
“We can all name them: Netflix,...
“We knew this day was coming,” he told TV critics of the content “pandemonium” that has broken out. Streaming services are now disrupting cable TV, in much the same way cable disrupted broadcast earlier, and broadcast disrupted radio.
“It’s an exciting time to be part of this third wave,” Hendricks said. He had came to pitch his streaming service, Curiosity Stream, which he boasts has the corner on the “full factual market.”
“We’re not niche,” he insisted, saying his venture includes everything fact based except breaking newscasts. Library current stands at about 2,100 titles and will soon be up to 3K.
“With factual TV, we’ve kind of got it now,” he said of the genre.
Only about six streaming behemoths will survive this war, Hendricks forecast.
“We can all name them: Netflix,...
- 2/9/2019
- by Lisa de Moraes
- Deadline Film + TV
Editors’ Note: This story originally posted on January 25. The Television Critics Association winter press tour gets underway today.
Just months after Facebook made its Television Critics Association press tour debut at the summer conference, and Netflix and Amazon returned to the fold after going Mia, Netflix and Facebook are not on the schedule for the winter edition of the semi-annual gathering.
The social network’s return is maybe not so surprising, given the acrimony of its maiden voyage, at which it had been given a place of honor in the non-broadcast block of the tour, hammocked between TCA royalty HBO and National Geographic Channels.
Facebook execs came to walk press through the company’s ramp-up of original programming on Facebook Watch, but instead got hammered with a lot of questions about Facebook’s distribution of InfoWars and other dubious content, culminating in one TV critic’s question: “Do you have...
Just months after Facebook made its Television Critics Association press tour debut at the summer conference, and Netflix and Amazon returned to the fold after going Mia, Netflix and Facebook are not on the schedule for the winter edition of the semi-annual gathering.
The social network’s return is maybe not so surprising, given the acrimony of its maiden voyage, at which it had been given a place of honor in the non-broadcast block of the tour, hammocked between TCA royalty HBO and National Geographic Channels.
Facebook execs came to walk press through the company’s ramp-up of original programming on Facebook Watch, but instead got hammered with a lot of questions about Facebook’s distribution of InfoWars and other dubious content, culminating in one TV critic’s question: “Do you have...
- 1/29/2019
- by Lisa de Moraes
- Deadline Film + TV
Newly installed Discovery Networks president and CEO David Zaslav has raided his previous employer, NBC Universal, to fill a key post.
Zaslav has tapped Bruce Campbell, executive vp business development at NBC Uni to be president of digital media, emerging networks and business development at Discovery, the company announced Thursday.
The newly created position will give Campbell oversight of all major business transactions at Discovery, from acquisitions to new-media services.
"Bruce is one of the most strategic dealmakers in the media industry. Through his extensive involvement with NBC's cable assets and his instinctive ability for business development, Bruce has a long history of creating shareholder value," said Zaslav. "This is a key operating role for Discovery and Bruce's leadership skills and business acumen will be critical to further developing our new media activities into a key growth engine for the company."
Discovery is also promoting Clint Stinchcomb, executive vp and general manager of HDTV and new media. Now reporting to Campbell, Stinchcomb will now oversee the emerging networks group.
Zaslav has tapped Bruce Campbell, executive vp business development at NBC Uni to be president of digital media, emerging networks and business development at Discovery, the company announced Thursday.
The newly created position will give Campbell oversight of all major business transactions at Discovery, from acquisitions to new-media services.
"Bruce is one of the most strategic dealmakers in the media industry. Through his extensive involvement with NBC's cable assets and his instinctive ability for business development, Bruce has a long history of creating shareholder value," said Zaslav. "This is a key operating role for Discovery and Bruce's leadership skills and business acumen will be critical to further developing our new media activities into a key growth engine for the company."
Discovery is also promoting Clint Stinchcomb, executive vp and general manager of HDTV and new media. Now reporting to Campbell, Stinchcomb will now oversee the emerging networks group.
- 3/16/2007
- The Hollywood Reporter - Movie News
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