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Fubo Gets 'Fairy Tale Outcome': Analyst Says Disney Deal Lowers Risks, Overhang On Stock
Tuesday, January 7, 2025 - 1:59pm | 726Fubotv Inc (NYSE:FUBO) can enjoy cost savings, eliminate litigation overhang and have better scale after signing a deal with Walt Disney Co (NYSE:DIS) earlier this week. Fubo Impact: Roth MKM analyst Darren Aftahi calls the Disney tie-up a potential "fairy tale outcome" for Fubo that could help the...
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NFL Week 2 Betting Odds, Media Stocks To Watch: Will Josh Allen Stay Perfect On Thursdays? Can Viewership Continue To Climb?
Thursday, September 12, 2024 - 3:10pm | 979The 2024 National Football League season continues with a second week featuring three primetime games and all 32 teams in action, including the Kansas City Chiefs, who are hoping to become the first NFL team to win three straight Super Bowls. Here's a look at the betting odds and media companies...
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'We Saved The Industry,' FuboTV CEO Says After Judge Halts Sports JV: Analyst Expects Injunction Will Kill Venu
Monday, August 19, 2024 - 11:51am | 923The temporary halt of a sports streaming joint venture from The Walt Disney Company (NYSE:DIS), Warner Bros. Discovery (NASDAQ:WBD) and Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA) is a big win for FuboTv Inc (NYSE:FUBO), but the battle continues, an analyst said Monday. The Fubo Analysts: The...
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Disney Analysts Tackle Theme Park Weakness, Streaming Profits: 'The Upside In The Entertainment Units More Than Offsets The Parks Miss'
Thursday, August 8, 2024 - 11:58am | 734The Walt Disney Company (NYSE:DIS) stock analysts see concerns for the company’s theme park business weighing on financials and offsetting profitability shown for streaming in the third quarter. The Disney Analysts Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating and...
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Disney, Comcast, Fox Get Top Ratings Among Media Conglomerates Thanks To Sports Rights, Streaming Strength: Analyst Prefers 'Deep Competitive Moats'
Tuesday, June 25, 2024 - 2:12pm | 1147Several media stocks were sized up by an analyst as the sector saw ongoing changes from cord-cutting and the growth of streaming platforms. The Analyst Ratings: Goldman Sachs analyst Michael Ng initiated coverage on the following stocks with the following price targets. Walt Disney Co (NYSE:DIS):...
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Steve Cohen Bets On Las Vegas: New York Mets Owner Takes 5.5% Stake In Sphere, Could More Sports Events Be On The Horizon?
Tuesday, June 25, 2024 - 10:42am | 639New York Mets owner Steve Cohen‘s new stake in Sphere Entertainment Co (NYSE:SPHR) could signal a future bet on more sports-related events at the ball-shaped venue. What Happened: Cohen's Point72 Asset Management hedge fund recently disclosed a 5.5% stake in Sphere Entertainment with 1.56...
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Amazon Makes Prime Bet On Sports With NBA Deal: Streaming Platform Will Soon Have Content From 4 Major Leagues (And More)
Thursday, June 6, 2024 - 4:08pm | 857The race to secure media rights for major North American sports continues to heat up, as evidenced by a report that the NBA is nearing a $76 billion 11-year deal with multiple media companies. Among the parties landing NBA rights is said to be e-commerce leader Amazon.com Inc (NASDAQ:AMZN). What...
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Roku Dives Deeper Into Live Sports: Is New MLB Partnership A Home Run?
Tuesday, May 14, 2024 - 4:59pm | 646Streaming company Roku Inc (NASDAQ:ROKU) announced a new multi-year deal with Major League Baseball that expands its sports carriage ambitions. What Happened: Roku signed a new deal to carry Sunday Leadoff live games starting May 19, bringing Major League Baseball content to its users for free....
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WWE Could Be A Netflix Game Changer, Capitalizing On 'Opportunities To Maximize Fan Growth And Engagement'
Monday, April 8, 2024 - 12:02pm | 545Sports entertainment company TKO Group Holdings Inc (NYSE:TKO) — owner of the UFC and WWE brands — is gaining exposure due to heightened demand for sports rights. The TKO Analyst: Goldman Sachs analyst Stephen Laszczyk has a Buy rating and price target of $102 on TKO Group Holdings. The Analyst...
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Atlanta Braves Stock Could Be Undervalued Based On MLB Team Valuations, Did Warren Buffett Spot Another Value Stock?
Monday, April 1, 2024 - 9:28am | 803The 2024 Major League Baseball (MLB) season is underway. The Atlanta Braves, one of the few publicly traded sports teams, compete to win the World Series. Here's a look at the valuation of the team and betting odds for the 2024 season. What Happened: The Braves won the World Series in 2021 — their...
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Ex-Disney CEO Chapek Questions Iger's Plan For ESPN Partnership: 'The Brand Is So Central… Beloved By So Many Sports Fans'
Saturday, March 23, 2024 - 8:49am | 705Media giant The Walt Disney Company (NYSE:DIS) welcomed back CEO Bob Iger to lead the company in November 2022, parting ways with then CEO Bob Chapek. Speaking publicly about Disney for the first time since leaving the company, Chapek was critical of Iger's plan for the ESPN segment. What Happened...
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NFL Sticks With Exclusive Streaming, But What About The Super Bowl? 'We Have To Fish Where The Fish Are'
Thursday, February 15, 2024 - 1:16pm | 764Viewership for National Football League games was strong in the 2023 season, potentially helped by new fans tuning in thanks to Taylor Swift. With or without Swift at games, media partners of the NFL are winning from the increased viewership. Here's a look at the future of the NFL as pertaining to...
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Disney's Sports Streaming JV Will Help 'Collect Lost Revenue From Cord Cutters,' Analyst Says
Wednesday, February 7, 2024 - 12:18pm | 733A new sports streaming joint venture involving The Walt Disney Company (NYSE:DIS), Warner Bros. Discovery (NASDAQ:WBD) and Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA) is expected to offer more than just an "extensive, dynamic lineup of sports content,” Needham analyst Laura Martin says. What...
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Formula One Rejects Andretti, General Motors Team Bid: What This Could Mean For US Growth, ESPN's Media Rights
Wednesday, January 31, 2024 - 4:19pm | 746Formula One rejected a proposal to add an all-American team to the racing series — a move that could stymie growth in the U.S. What Happened: Formula One, which trades as Liberty Formula One Group (NASDAQ:FWONA)(NASDAQ:FWONK), nixed a proposal by former Formula 1 driver Michael Andretti. Andretti,...
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Peacock's Gridiron Glory: NFL, Taylor Swift Drive Comcast's Q4 Surge With 3 Million New Subscribers, Gains To Continue In Q1
Thursday, January 25, 2024 - 1:24pm | 1066Media company Comcast Corporation (NASDAQ:CMCSA) reported fourth-quarter financial results before market open Thursday. One key highlight from the report was the company's growth of its Peacock streaming platform. What Happened: Comcast is one of several media companies that has National Football...