Global factual entertainment company CuriosityStream has reported a revenue increase of 26% for Q3 2022, up to $23.6m. However the subscriber base at its flagship global streaming service dropped from around 25m to 23m. The company also posted an operating loss of $4.4m, compared to $8.2m in Q3 2021.
Clint Stinchcomb
Despite the drop in subscribers, which was the result of not renewing a carriage arrangement, president and CEO Clint Stinchcomb declared himself pleased with the results, which cover the three months to September 30. “We delivered another strong quarter, with revenue and EBITDA above our guidance ranges and the best quarterly EBITDA performance since becoming a public company, as we made clear progress towards our goal of becoming sustainably profitable,” he said.
“CuriosityStream remains the largest pure-play factual streaming service with a multifaceted…
