Entertainment, Media & Sports · Week of Nov 2, 2026
Q3 earnings and Fox's Roku close: the week in media and sports
Third-quarter earnings from BCE, Live Nation, Under Armour and Reservoir Media shared the week with Fox's completed Roku deal and Gamehaus's Anamana bid.
Earnings dominated the week. Live Nation Entertainment reported the largest growth, with third quarter revenue up 19% to $10.1 billion and fan attendance up 19% to 61 million. Reservoir Media raised its fiscal 2027 outlook after revenue rose 10% to $49.9 million. BCE confirmed its 2026 guidance even as net earnings fell 84.6%, which it attributes mainly to lower investment gains after the 2025 sale of its MLSE stake. Under Armour reported a 7 percent revenue decline and lowered its expected gross margin improvement.
Deals were the other theme. Fox Corporation completed its acquisition of Roku and placed it in a new FOX Digital Platforms division alongside Tubi and FOX One. Gamehaus signed agreements to take a majority stake in AI micro-serial platform Anamana. FiEE reported results from a Kyoto art auction tied to its online-to-offline ArtTech strategy. In sport, the Indianapolis Monumental Marathon reported four course records and 28 Olympic Trials qualifiers.
BCE Inc.
BCE reports third quarter 2026 results
BCE says third quarter 2026 operating revenues rose 2.2% to $6,182 million while net earnings fell 84.6% to $701 million, mainly due to lower investment gains after its 2025 MLSE stake sale. Capital expenditures rose 49.3% to $1,330 million on Bell AI Fabric data centres and Ziply Fiber's network, cutting free cash flow 14.9%, while the company confirmed 2026 guidance and a $0.4375 quarterly dividend.
Live Nation Entertainment
LIVE NATION ENTERTAINMENT REPORTS THIRD QUARTER 2026 RESULTS
Live Nation Entertainment reported third quarter 2026 revenue of $10.1 billion, up 19%, and AOI of $1.18 billion, up 14%, with fan attendance of 61 million. The company says it sold approximately 170 million tickets for 2026 shows through late October and expects full-year attendance to approach 180 million; nine-month operating income included a $450.0 million item for governmental investigations and litigation.
Under Armour, Inc.
UNDER ARMOUR REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Under Armour says second quarter fiscal 2027 revenue fell 7 percent to $1.2 billion, with declines in both North America and international, and it posted a net loss of $0.4 million. It now expects fiscal 2027 gross margin to rise 170 to 220 basis points, down from 220 to 270, while keeping adjusted operating income guidance at $140 million to $160 million.
Reservoir Media, Inc.
RESERVOIR MEDIA ANNOUNCES SECOND QUARTER FISCAL 2027 RESULTS
Reservoir Media reported second quarter fiscal 2027 revenue of $49.9 million, up 10%, and net income of $4.6 million, compared with $2.2 million a year earlier. It narrowed and raised its fiscal 2027 outlook to revenue of $188M - $192M and Adjusted EBITDA of $77M - $80M, after acquiring the José Feliciano recorded music and Billy Strayhorn publishing catalogs.
Gamehaus Holdings Inc.
Gamehaus Outlines Vision for an AI-Native Entertainment Group in Founder's Letter to Shareholders
Gamehaus signed definitive agreements on November 2, 2026 to acquire about 56% of Techforge Co., Ltd, holding company of AI micro-serial platform Anamana, with closing expected in November 2026. The company says Anamana will become its primary growth engine, and notes the deal was approved by its board and audit committee because an entity controlled by founder Feng Xie is a seller.
Fox Corporation
FOX CORPORATION COMPLETES ACQUISITION OF ROKU
Fox Corporation completed its acquisition of Roku on Nov. 6, 2026, paying $95.30 in cash and 0.9799 FOX Class A shares per Roku share. Former Roku stockholders now own approximately 26% of FOX, and the company expects approximately $400 million of run-rate cost synergies within two years.
FiEE, Inc.
FiEE Advances O2O ArtTech Ecosystem with Approximately US$2.9 Million in Gross Transaction Value at Kyoto Artwork Sales Event, Targeting Art Advisory and Global Collector Networks
FiEE says its Kyoto exhibition and auction, held with the Museum of Kyoto, generated approximately US$2.9 million in artwork transaction value and about US$1.3 million in service revenue. The company plans regular events and possible art advisory services, while cautioning that future events may not match these results.
Beyond Monumental
Four Course Records and 28 Olympic Trials Qualifiers Highlight Historic 2026 CNO Financial Indianapolis Monumental Marathon
Beyond Monumental reported four course records and 28 qualifiers for the 2028 U.S. Olympic Team Trials – Marathon at the Indianapolis Monumental Marathon, compared with 13 in 2025. Johnnie Guy won the men's marathon in 2:11:47 and Lindsey Bradley won the women's race in 2:29:47, and the event recorded its 14th consecutive sellout.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not The Playoff Times reporting.