- Fourth quarter 2021 revenue of $27.3 million, up 140% year over year
- Full year 2021 revenue of $71.3 million, up 80% year over year
- Fourth quarter 2021 international revenue more than doubled quarter over quarter, exceeded 50% of total revenue for the first time
- Grew total paying subscribers over 50% year over year
- Plans to increase subscription pricing in 2022
Curiosity Stream is a Silver Spring-based media company and subscription video streaming service that offers documentary programming including films, series, and TV shows. It was launched in 2015 by the founder of the Discovery Channel, John S. Hendricks
“We are thrilled to announce that we exceeded our revenue target for the second year in a row, exceeding $71 million in 2021 as our investments in content, people, and technology continued to bear fruit,” said Clint Stinchcomb, President & CEO. “Over the past year, we have more than doubled the size of our content library, and our 2022 content slate promises to be our biggest and best yet. Later this year, we plan to better align the value we bring to our subscribers with new subscription plan pricing. As a mission-driven company, we are relentlessly focused on satisfying humanity’s enduring curiosity about our world. Looking ahead to the remainder of 2022 and beyond, we are excited to fulfill our mission by delivering premium factual content that informs, enchants, and inspires.”
Fourth Quarter 2021 Financial Results
- Revenue of $27.3 million, up from $11.4 million in the fourth quarter of 2020;
- Gross profit of $10.0 million compared to $6.7 million in the fourth quarter of 2020;
- Net loss of $(11.4) million compared to net loss of $(25.8) million in the fourth quarter of 2020; and
- EBITDA of $(17.8) million compared to EBITDA of $(15.5) million in the fourth quarter of 2020.
Full Year 2021 Financial Results
- Revenue for the full year of $71.3 million, up from $39.6 million for the full year 2020;
- Total paying subscribers of approximately 23 million, up over 50% year-over-year;
- Gross profit of $34.6 million for the full year 2021 compared to $24.2 million for the full year 2020;
- Net loss of $(37.6) million for the full year 2021 compared to net loss of $(48.6) million for the full year 2020; and
- EBITDA of $(51.9) million for the full year 2021 compared to $(38.5) million for the full year 2020.
Full Year 2021 Business Highlights
- Generated over $10 million of content licensing revenue during the fourth quarter, compared to less than $6 million of content licensing revenue for the full year 2020;
- Premiered original, high-profile documentaries such as DOUG TO THE RESCUE, RESCUED CHIMPANZEES OF THE CONGO WITH JANE GOODALL, new seasons of BUTTERFLY EFFECT and 4TH AND FOREVER, and new episodes of FASTER, BREAKTHROUGH, and our acclaimed feature-doc HEVAL; and an 8-part series SECRETS OF THE SOLAR SYSTEM (nominated for an Emmy award in the category of Outstanding Science and Technology Documentary for the Mars episode);
- Entered into an enhanced strategic partnership with and investment into Nebula, the world’s largest creator-owned streaming and technology platform with over 450,000 paying subscribers and 140+ active creators who have over 120 million combined YouTube subscribers;
- Partnered with SPIEGEL TV to accelerate international expansion, establish Curiosity Channel, and localize SVOD service in German-speaking Europe; and
- Expanded factual content proposition through the acquisitions of One Day University and Learn25.
Financial Outlook
For the first half of 2022, CuriosityStream expects the following:
- Revenue between $36 – $40 million, representing 50% year-over-year growth at the midpoint
- EBITDA between $(36) – $(34) million
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FREE Shred Day
Join us at Lafayette Federal Credit Union for a Free Community Shred Day, an event dedicated to helping you protect your privacy and the environment! Bring your old bank statements, bills, medical records, and any other paper documents that need secure disposal, and we'll take care of them on the spot.
Why You Should Come:
Protect Your Privacy: Safely shred sensitive documents to help prevent identity theft.
Eco-Friendly: All shredded material will be recycled, supporting our commitment to sustainability.
Complimentary Breakfast: Enjoy a free breakfast on us--start your day right with good food and good company!
Exciting Giveaways & Prizes: Don't miss out on giveaways and be sure to enter our drawing for a chance to win one of four $100 gift cards.
This event is open to all! It's a fantastic opportunity to clean out those old documents cluttering up your home, safe in the knowledge that they will be disposed of securely. Plus, it's completely free!
Don't miss out on this chance to declutter safely, enjoy some free treats, and possibly win a great prize. We look forward to seeing you there, rain or shine!
For more information, contact us at www.lfcu.events/shred.
FEST OF SPRING Caribbean Wine Food & Music Festival
Get ready to experience the vibrant colors, tantalizing flavors, and infectious rhythms of the Caribbean at the FEST OF SPRING Caribbean Wine Food & Music Festival! Hosted by RHU LLC, this exciting festival is set to take place on May 18, 2024, at the picturesque 16700 Barnesville Rd in Boyds, MD.
Step into a world where the Caribbean spirit comes alive! From 12:00 PM onwards, immerse yourself in a sensory journey that celebrates the unique culture, cuisine, and music of the Caribbean. Whether you're an African American, a Reggae or Soca music enthusiast, a wine lover, or part of the vibrant Caribbean diaspora, this festival promises to delight and captivate you in every way.
Let the enticing aromas of mouthwatering Caribbean dishes tantalize your taste buds. Feast on traditional delicacies prepared by expert chefs, showcasing the rich and diverse culinary heritage of the Caribbean. Indulge in flavorful jerk chicken, succulent seafood, and delectable plantain dishes that will transport you straight to the islands.
Accompanying the culinary extravaganza is a carefully curated selection of premium wines, ensuring the perfect pairing for your palate. Sip on fine wines from renowned vineyards, each sip a reflection of the Caribbean's vibrant spirit. Discover new flavors, expand your wine knowledge, and savor unforgettable moments with every glass.
As the sun sets, get ready to groove to the infectious rhythms of Caribbean music. Feel the pulsating beats of reggae, soca, dancehall, and calypso, moving your body to the lively melodies. Live performances by talented musicians and performers will keep the energy high, ensuring a night of unforgettable entertainment.
Don't miss this opportunity to embrace the Caribbean spirit and celebrate the arrival of spring in style! Tickets are available on AllEvents, so secure your spot today. Join us at the FEST OF SPRING Caribbean Wine Food & Music Festival, where cultures collide and unforgettable memories are made.
LIVE PERFORMANCES By: CULTURE Feat. Kenyatta Hill, EXCO LEVI, IMAGE BAND, RAS LIDJ REGG'GO with Special Guest SUGAR BEAR FROM E.U. & MORE! & MORE!
MUSIC By: DJ ABLAZE, DJ SMALLY & NAJ SUPREME
2 NIGHT Camping packages available: RV/CAMPER $200 | TENTS $150 Starting on Friday May 17 @ 5pm | 30 RV SPACES | 30+ TENT SPACES
KIDS 12 & UNDER FREE!!!
