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Report: YouTube Exploring Standalone App For Kids Content
Wednesday, June 19, 2019 - 1:00pm | 363Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) unit YouTube is considering the creation of a standalone app for kids to better protect younger viewers from disturbing content, according to a report from The Wall Street Journal. What Happened YouTube executives are evaluating the launch of YouTube Kids...
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Report: Viacom Will Stream BET Network
Monday, June 10, 2019 - 1:43pm | 310Read More...Viacom, Inc. (NASDAQ: VIAB) could be the latest company to enter the streaming war space, sources close to the matter told The Wall Street Journal. What Happened Viacom could launch its BET network at a price point higher than the $2.99 a month it charges for the preschool-focused Noggin service,...
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Report: AT&T Thinks It Can Sell $17-A-Month Streaming Package
Friday, June 7, 2019 - 10:57am | 416Read More...Media and telecom giant AT&T Inc. (NYSE: T) is exploring a $16-to-$17-a-month streaming video package that includes most of its entertainment properties, according to The Wall Street Journal, which cited people familiar with the matter. What Happened The streaming video battle...
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Stephens Downgrades Roku On Valuation, Still Bullish On Long-Term Outlook
Tuesday, May 28, 2019 - 10:24am | 332Read More...Roku Inc (NASDAQ: ROKU) continues to boast a favorable long-term outlook as it addresses a "vital layer" of the streaming video ecosystem, however, a combination of valuation and near-term earnings concerns has Stephens moving to the sidelines. The Analyst Stephens analyst Kyle Evans...
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The CEO Of Roku Explains Why Media Companies Aren't A Threat
Thursday, May 16, 2019 - 2:22pm | 410Read More...Investors working under the assumption traditional media giants are the biggest threat to Roku Inc (NASDAQ: ROKU) may want to reconsider their thesis. Cord Cutting Trend Streaming video is more popular than ever with 1 million people cutting their cable cord last quarter alone, Roku CEO Anthony...
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Analysts Discuss Disney Assuming Complete Control Of Hulu
Wednesday, May 15, 2019 - 9:48am | 428Read More...Walt Disney Co (NYSE: DIS) on Tuesday assumed full control of Hulu and will buy Comcast Corporation (NASDAQ: CMCSA)'s 33-percent stake within five years. Guggenheim: Comcast's 'Balancing Act' Comcast's deal with Disney is akin to a "balancing act" as the company is...
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Disney Takes Control Of Hulu
Tuesday, May 14, 2019 - 10:59am | 376Read More...Streaming video platform Hulu will be fully controlled by Walt Disney Co (NYSE: DIS) as part of an agreement reached with Comcast Corporation (NASDAQ: CMCSA) that the companies announced Tuesday. What Happened Disney and Comcast reached an agreement Tuesday in which Comcast will sell its...
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Netflix Now Owns StoryBots
Thursday, May 9, 2019 - 1:28pm | 348Read More...Streaming video giant Netflix, Inc. (NASDAQ: NFLX) reached an agreement to acquire StoryBots, a kids media brand best known for creating the "Ask The StoryBots" animated show. What Happened "StoryBots", dubbed the "next generation of Sesame Street" is already included...
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Disney Posts Q2 Beat, Says 'Avengers: Endgame' Begins Streaming In December
Wednesday, May 8, 2019 - 4:15pm | 348Read More...Walt Disney Co (NYSE: DIS) reported a second-quarter beat Wednesday, posting earnings per share of $1.61 against a $1.58 consensus estimate and sales of $14.92 billion versus a $14.34-billion estimate. The quarter is the first to reflect Disney's acquisition of Twenty-First Century Fox, and the...
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Altice Buys Streaming Financial News Network Cheddar For $200M
Tuesday, April 30, 2019 - 12:40pm | 447Read More...Altice USA Inc (NYSE: ATUS), one of the largest broadband communications and video services providers, has reached an agreement to acquire Cheddar. What Happened Altice will pay $200 million to acquire Cheddar in an all-cash deal, The Wall Street Journal first reported Tuesday. Cheddar's...
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Report: Comcast Might Sell Hulu Stake To Disney
Thursday, April 25, 2019 - 12:07pm | 388Read More...Walt Disney Co (NYSE: DIS) already owns a majority stake in Hulu and is in talks with Comcast Corporation (NASDAQ: CMCSA) to buy its 30-percent stake, CNBC reported. What Happened Comcast's stake in Hulu has been a "frustrating" experience and is exploring a sale of...
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Bullish Guggenheim Eyes Disney's Streaming Play, Core Business, Valuation
Tuesday, April 23, 2019 - 3:41pm | 432Read More...Walt Disney Co (NYSE: DIS) is among the most "complicated" companies in the media space, and the investment thesis is highlighted by three key questions, according to Guggenheim. The Analyst Michael Morris resumed coverage of Walt Disney with a Buy rating and $157 price target. The Thesis...
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Netflix Analysts Have Wide-Ranging Reactions To Q1 Report
Wednesday, April 17, 2019 - 1:30pm | 691Read More...The analysts covering Netflix Inc. (NASDAQ; NFLX) stock this week are much like a big family trying to figure out what to watch on the streaming service. Some are leaning strongly Bull (Durham) and a few are vociferously arguing for (Paddington) Bear. In between, there's some romance...
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Morgan Stanley Dissects AT&T's Sale Of Hulu Stake
Tuesday, April 16, 2019 - 10:44am | 417Read More...AT&T Inc. (NYSE: T) has agreed to sell its 9.5-percent ownership stake in streaming video company Hulu back to the company itself for $1.43 billion. What Happened The deal values the company at $15 billion, CNBC reported. AT&T said it will use the proceeds from its asset sale to lower...
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Deutsche Bank Upgrades Netflix To Buy Ahead Of Earnings
Tuesday, April 16, 2019 - 9:03am | 430Read More...Deutsche Bank downgraded Netflix, Inc. (NASDAQ: NFLX)'s stock from a bullish stance last July, but now sees eight reasons to recommend buying the stock. The Analyst Deutsche Bank's Bryan Kraft upgraded Netflix from Hold to Buy with a 12-month price target lifted from $360 to $400...
















