Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v2.4.1.9
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenue    
Advertising $ 178,739us-gaap_AdvertisingRevenue $ 140,634us-gaap_AdvertisingRevenue
Subscription and other 52,025us-gaap_SubscriptionRevenue 53,681us-gaap_SubscriptionRevenue
Total revenue 230,764us-gaap_SalesRevenueNet 194,315us-gaap_SalesRevenueNet
Cost of revenue    
Cost of revenue - Content acquisition costs 126,023us-gaap_DirectOperatingCostRoyaltyExpense 108,275us-gaap_DirectOperatingCostRoyaltyExpense
Cost of revenue - Other 16,233us-gaap_OtherCostOfOperatingRevenue 14,979us-gaap_OtherCostOfOperatingRevenue
Total cost of revenue 142,256us-gaap_CostOfRevenue 123,254us-gaap_CostOfRevenue
Gross profit 88,508us-gaap_GrossProfit 71,061us-gaap_GrossProfit
Operating expenses    
Product development 15,875us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost 11,831us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
Sales and marketing 84,274us-gaap_SellingAndMarketingExpense 61,864us-gaap_SellingAndMarketingExpense
General and administrative 36,754us-gaap_GeneralAndAdministrativeExpense 26,361us-gaap_GeneralAndAdministrativeExpense
Total operating expenses 136,903us-gaap_OperatingExpenses 100,056us-gaap_OperatingExpenses
Loss from operations (48,395)us-gaap_OperatingIncomeLoss (28,995)us-gaap_OperatingIncomeLoss
Other income, net 197us-gaap_OtherNonoperatingIncomeExpense 92us-gaap_OtherNonoperatingIncomeExpense
Loss before provision for income taxes (48,198)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (28,903)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision for income taxes (59)us-gaap_IncomeTaxExpenseBenefit (28)us-gaap_IncomeTaxExpenseBenefit
Net loss $ (48,257)us-gaap_NetIncomeLoss $ (28,931)us-gaap_NetIncomeLoss
Weighted-average common shares outstanding used in computing basic and diluted net loss per share (in shares) 209,928us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 199,857us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
Net loss per share, basic and diluted (in dollars per share) $ (0.23)us-gaap_EarningsPerShareBasicAndDiluted $ (0.14)us-gaap_EarningsPerShareBasicAndDiluted