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Barclays: The Charter Bull Case Is Based On Misplaced Assumptions
Monday, December 4, 2017 - 1:45pm | 502The U.S. cable story may be souring, as the sector is likely to face increasing headwinds from growing competitive pressure on video, a slowdown in broadband growth, levered balance sheets, M&A options becoming uncertain in terms of payoffs, optimistic estimates and valuation, according to...
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Analyst: A Disney-21st Century Fox Deal 'Makes Strategic And Financial Sense'
Monday, December 4, 2017 - 10:18am | 472Walt Disney Co (NYSE: DIS)'s prior talks to acquire some or all of Twenty-First Century Fox Inc (NASDAQ: FOXA)'s media assets ended with no agreement being made, but the two companies have since returned to the negotiating table, The Wall Street Journal reported. The Analyst Rosenblatt...
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The Latest Media Merger: Meredith, Backed By Koch Brothers, To Buy Time
Monday, November 27, 2017 - 9:34am | 347Meredith Corporation (NYSE: MDP), a company that owns multiple TV stations, digital and mobile operations and other media platforms, agreed to acquire Time Inc (NYSE: TIME), the content company best known for operating People, Time, Fortune, and Sports Illustrated magazines. What You Need To Know...
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AT&T Counsel: 'No Credible Evidence' Merger Will Hurt Consumers, Competition
Tuesday, November 21, 2017 - 6:29pm | 484The Justice Department is taking action to block AT&T Inc. (NYSE: T)'s proposed merger with Time Warner Inc (NYSE: TWX). What You Need To Know The Justice Department is suing to block the $85 billion mega-merger, as it said the combined entity would result in "fewer innovative...
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Liberty Media's John Malone: Amazon Could Overtake Netflix
Thursday, November 16, 2017 - 2:41pm | 405Amazon.com, Inc. (NASDAQ: AMZN) is a "death star" capable of dominating any industry," according to one media titan. The Expert Liberty Media Corporation - Series A Liberty Formula One (NASDAQ: FWONA)'s chairman and media tycoon John Malone. The Thesis Amazon's end...
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Roku CEO: 'Everyone Over Time Is Going To Shift Toward Streaming'
Friday, November 10, 2017 - 5:16pm | 355Roku Inc (NASDAQ: ROKU)'s post-IPO lows of $15.75 had many investors concerned with the streaming media company's true prospects and short sellers were very active in the name. But the company's third quarter earnings report helped boost the stock higher by more than 40 percent Thursday...
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Analyst: If Content Is King, Disney Is 'King Of Content'
Thursday, November 9, 2017 - 11:16am | 530Walt Disney Co (NYSE: DIS) is scheduled to report third-quarter results after Thursday's market close. As has been the case for the past few years, many investors likely feel anxious heading into the print given ongoing concerns with the ESPN unit and the impact of cord-cutting. Investors are...
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The New Television Landscape: Winners and Losers
Wednesday, November 8, 2017 - 3:19pm | 710The future of TV and entertainment is evolving at a rapid pace. Many investors and analysts are working under the assumption that internet-based new age media companies will emerge as winners — and legacy media companies will finish last as the "cord cutting" trend continues. The...
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Media Analyst: Fox Wants To Shed Assets Because It Can't Compete Anymore
Tuesday, November 7, 2017 - 6:08pm | 422In a surprising development in the media sector, Twenty-First Century Fox Inc (NASDAQ: FOXA) was in talks to sell most of its media and entertainment assets to Walt Disney Co (NYSE: DIS). For the time being, talks appear to no longer be ongoing although this could change. The Analyst...
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Attention Disney Investors: Don't Forget About Earnings
Tuesday, November 7, 2017 - 11:52am | 371Walt Disney Co (NYSE: DIS) has reportedly been in talks to buy most of Twenty-First Century Fox Inc (NYSE: FOXA)'s business. For the time being, the on-again, off-again talks appear to have stalled with no agreement. The Expert AdvisorShares portfolio manager's Eddy Elfenbein. The...
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Citi Upgrades Twitter Amid Improving Sentiment
Monday, November 6, 2017 - 12:18pm | 322Shares of Twitter Inc (NYSE: TWTR) were trading lower by around 0.60 percent early Monday morning despite a notable upgrade from Wall Street. Citi's Mark May upgraded Twitter from Sell to Neutral with a $20 price target. Twitter has been lagging its internet peers year-to-date, up just 22...
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The Surprising Segment That Drove The Upside In Akamai's Q3 Beat
Wednesday, October 25, 2017 - 12:00pm | 586Shares of Akamai Technologies, Inc. (NASDAQ: AKAM) were trading higher by more than 5 percent Wednesday after the company reported an impressive third quarter earnings report, turning some analysts incrementally bullish. Deutsche Bank's Vijay Bhagavath maintains a Buy rating on Akamai's...
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Don't Expect Viacom Shares To Outperform While Charter Negotiations Ongoing
Thursday, October 12, 2017 - 12:08pm | 370Shares of Viacom, Inc. (NASDAQ: VIAB) were trading lower by about 5 percent Thursday after the company confirmed that Charter Communications, Inc. (NASDAQ: CHTR)'s customers could lose access to some of its TV properties, including MTV and Comedy Central. Viacom confirmed it's attempting to...
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MSG Networks Deleveraging Is Working
Wednesday, October 11, 2017 - 10:10am | 467Analysts at Loop Capital Markets turned bullish on MSG Networks Inc (NYSE: MSGN) amid a view that the company will "supercharge" its net debt/AOI ratio below 3.0x by the end of the fiscal year. The firm's David Miller upgrades MSG Networks' stock from Hold to Buy with a price target boosted from $...
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Disney Named RBC Capital's Top Pick
Monday, October 9, 2017 - 9:18am | 513Walt Disney Co (NYSE: DIS) is one of Wall Street's most hotly contested stocks given its exposure to cable TV through its ESPN unit. But there is no debate among analysts at RBC Capital Markets who named the stock on Monday a "Top Pick." The firm's Steven Cahall upgraded Disney...