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From Bankruptcy To Public Company: What You Need To Know About IHeartMedia's Return To Nasdaq
Thursday, July 18, 2019 - 12:40pm | 419Read More...Radio broadcaster iHeartMedia, Inc. (NASDAQ: IHRT) returned to the public market Thursday just months after emerging from bankruptcy. What Happened IHeartMedia, the largest radio broadcaster, emerged from bankruptcy in January when a judge approved a restructuring plan that eliminated more than $10...
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DouYu International IPO: What You Need To Know
Friday, July 12, 2019 - 8:05am | 408Read More...DouYu International (NASDAQ: DOYU) has filed for offering 67.387 million American Depository Shares, representing 6.739 million ordinary shares in an IPO, to be priced between $11.50 and $14, according to the amended registration statement filed with the SEC. Of the 67.387 million ADSs, 44.925...
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What Gloomy Earnings? Communications Services Sector Could Top All S&P Components In Q2
Wednesday, July 10, 2019 - 12:16pm | 1336Read More...There’s a lot of doom and gloom hanging over Q2 earnings for most of the S&P 500’s 11 sectors, but the Communications Services sector, with quarterly numbers ready to roll out in coming weeks, isn’t among them. Thanks to a still considerably healthy job market, mostly...
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A Fourth Video Game ETF Arrives
Tuesday, June 25, 2019 - 11:25am | 574Read More...Another exchange traded fund dedicated to the fast-growing video game industry is here. As was previously noted in this space, the Defiance Future Tech ETF was to be replaced by the Defiance Next Gen Video Gaming ETF (NYSE: VIDG). VIDG made its debut on Monday. What Happened The new VIDG tracks the...
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Evercore ISI Changes Channels On Spotify, Says Gross Profit Projections Overly Optimistic
Monday, June 24, 2019 - 2:22pm | 441Read More...Streaming music company Spotify Technology SA (NYSE: SPOT) should be able to match the Street's user and revenue estimates, according to Evercore ISI, but three main concerns prompted the sell-side to downgrade the stock Monday. The Analyst Kevin Rippey downgraded Spotify from...
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Netflix, Next Games To Develop 'Stranger Things' Game Similar To Pokemon Go
Thursday, June 13, 2019 - 3:22pm | 469Read More...Netflix Inc. (NASDAQ: NFLX) and Finnish game developer and publisher Next Games said they’re developing a free-to-play location-based game based on the Netflix hit series "Stranger Things." The mobile, walk-around-the-real-world-style game, which the publishers say reimagines the...
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Is The End Of 'Game Of Thrones' A Problem For HBO?
Sunday, May 26, 2019 - 5:29pm | 895Read More...Is the game up on HBO now that time is up on “Game of Thrones?” Many Wall Street media watchers say HBO and its parent company AT&T Inc., (NYSE: T) are likely to weather the loss of the Sunday night viewing phenomenon just as the network did after other hits, such as when...
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The Incredible 'Game Of Thrones' Run Is Ending
Sunday, May 19, 2019 - 4:22pm | 728Read More...For Sunday night TV viewers, winter is coming. After an eight-year run that set records and created cultural catchphrases, AT&T Inc (NYSE: T)’s HBO will air the final "Game of Thrones" episode Sunday night. The end of the series will leave a weekend entertainment void for...
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Wells Fargo: AT&T In Good Position To Capitalize On Streaming
Tuesday, May 7, 2019 - 1:14pm | 549Read More...AT&T Inc. (NYSE: T) is well-positioned to take advantage of the changing ways Americans watch TV, as more and more people make the switch from cable and satellite to streamed programming, according to Wells Fargo. The Analyst Wells Fargo’s Jennifer Fritzsche maintained a Market...
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Spotify Hits 100M Premium Subs; Buckingham Sees 20% Upside
Monday, April 29, 2019 - 10:39am | 761Read More...Music streaming service Spotify Technology SA (NYSE: SPOT) reported first-quarter results Monday before the market open. The Headline Numbers Spotify's first-quarter EPS loss of 88 cents missed the consensus estimate for a 39-cent loss, while sales of $1.69 billion beat the $1.66-...
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BMO Takes Wait-And-See Approach With Fox TV
Wednesday, April 10, 2019 - 12:01pm | 415Read More...Fox Corp (NASDAQ: FOXA) is a more focused entity since the TV news and sports company broke off from the former 21st Century Fox and has intriguing potential with its new streaming news service, according to BMO Capital Markets — but the firm is waiting for more clarity on the standalone...
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3 Analysts React To Roku Earnings
Friday, February 22, 2019 - 1:54pm | 592Read More...Roku Inc (NASDAQ: ROKU) shares were rallying Friday after the streaming video device maker posted top- and bottom-line beats after the close Thursday. “The company posted a strong quarter as consumers continue to cut the cord and plug into Roku, demonstrating both the secular...
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Survey Hints At Strong Quarter For Spotify
Tuesday, February 5, 2019 - 9:50am | 682Read More...Music streaming service Spotify Technology SA (NYSE: SPOT) looks set to report solid fourth-quarter results, according to the results of a survey by Consumer Research Intelligence Partners. The Swedish company is due to release fourth-quarter results before the market open Wednesday. Q4...
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Pivotal's Predictions For Media, Internet And Communications In 2019
Wednesday, December 26, 2018 - 11:57am | 984Read More...Cable hasn’t peaked, but satellite may have. Facebook could get a facelift, and sports broadcasting could come from different sources than in the past. Those are among the predictions for the media, internet and communications industry for 2019 from Pivotal Research Group analysts...
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Listen To The Music: Evercore Names 5 Reasons Why Spotify Is A Winner
Monday, April 30, 2018 - 11:55am | 440Read More...Streaming music provider Spotify Technology SA (NYSE: SPOT) is the market leader, with "significant" growth potential, according to Evercore ISI. The Analyst Evercore's Anthony DiClemente initiated coverage of Spotify's stock with an Outperform and $190 price target. The...
















