Media Companies

The annual NFL team valuations rankings from Forbes were released Thursday. The report highlighted the league’s resiliency during the pandemic thanks to strong media rights deals. What Happened: The average value of an NFL team was up 14% to $3.5 billion, according to the latest report...

Apple Inc (NASDAQ: AAPL) is among a list of multiple suitors lining up to buy media company Hello Sunshine, the Wall Street Journal reported on Tuesday. What Happened: The production company founded in 2016 by actress and entrepreneur Reese Witherspoon, in which AT&T Inc (NYSE: T) owns a stake...

Shares of Plby Group Inc (NASDAQ: PLBY), a company associated with the Playboy brand, rose over 24% in the regular and after-hours sessions on Monday. The pleasure and leisure company’s shares rose 19% to a high of $27.94 on an intra-day basis on Monday before closing one cent lower. The...

Shares of media company Discovery Inc. (NASDAQ: DISCA) closed at an all-time high on Monday and have more than doubled since January this year, likely benefiting from the short squeeze on heavily-shorted stocks such as GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc. (NYSE: AMC)...

Twenty-First Century Fox Inc (NASDAQ: FOXA) confirmed on Friday it reached an agreement in principle to acquire the remaining stake in UK-based SKY PLC (LON: SKY) it doesn't already own for £10.75. According to Alan Gould of Brean Capital, the full combination of content and distribution has...

AT&T Inc.'s (NYSE: T) core business is bleeding market share as rivals T-Mobile US Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S) are offering superior unlimited data packages to clients. Meanwhile, AT&T is succeeding in bringing in video customers through its DirecTV segment, which...

Shares of Comcast Corporation (NASDAQ: CMCSA) were trading higher by nearly 2 percent at $68.50 early Wednesday morning after the company reported its second quarter results. Comcast earned $0.83 per share in the second quarter on revenue of $18.7 billion. Wall Street analysts were expecting...

Tribune Publishing Co (NYSE: TPUB) is one of the most iconic, not to mention oldest newspaper and print media publishing companies in the U.S., having been founded back in 1847. A newspaper and print media company that's approximately 170 years naturally felt the need to re-brand itself to...

Investors can't be blamed for thinking Walt Disney Co (NYSE: DIS) is the largest media, particularly given its portfolio of content includes the "Star Wars" and "Marvel" franchises. According to ZenithOptimedia's annual ranking of media owners, the title of the world's largest media firm by revenue...