Procter & Gamble (NYSE:PG) reported quarterly earnings of $1.59 per share which met the analyst consensus estimate. This is a 4.22 percent decrease over earnings of $1.66 per share from the same period last year. The company reported quarterly sales of $20.80 billion which beat the analyst consensus estimate of $20.73 billion by 0.34 percent. This is a 0.73 percent decrease over sales of $20.95 billion the same period last year.
Meta Unveils New Facebook Music Revenue Sharing Feature To Better Compete With TikTok
When Bytedance bought out Musical.ly and rebranded it as TikTok, it allowed content creators to use licensed music within their videos and still be able to monetize their content.