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Warner Bros. Discovery is heavily burdened with debt that could destroy common equity values in a deep recession. Rising interest expense on debt and slower-than-expected streaming sign-ups could wreak havoc on already non-existent GAAP income margins. WBD is turning into somethin...
Yacktman's 13F equity portfolio value decreased from $11.21B to $9.64B this quarter. Yacktman Asset Management added Warner Bros. Discovery and Embecta Corp. while decreasing Sysco Corporation and Coca-Cola Company. Yacktman’s largest five stakes are at ~31% of the portfoli...
DraftKings stock has shown increasing strength recently and has likely bottomed in the short term. The near-term upside is very possible. So far, over thirty states have legalized sports betting and the rest will likely follow soon, but tax rates are all over the map, ranging from 10-...
Fox Corporation and Verizon Announce New Multi-Year Distribution Agreement PR Newswire NEW YORK and LOS ANGELES , Aug. 3, 2022 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced the completion of a multi-year renewal of its distributi...
FBN Dominates CNBC Across Business Day and Market Hours; Delivers Highest-Rated Month in Viewers Since October 2020 “Kudlow” Scores Highest-Rated Month Ever with Viewers and Marks 5 Months as the Top Show in Business Television; “Varney & Co....
Netflix is a tech company because the key to its profitability is the massive data analyses it does to generate recommendations. Recommendations alone can power Netflix stock well above current levels. Only a few competitors can match Netflix's prowess, and for the most part, they...
Fox and Paramount have each transformed themselves into fundamentally different companies, taking completely opposite paths. Both companies have relatively low P/Es, but at 18, Fox's is almost normal. Paramount is at 9.5 on a forward basis and a ridiculous 4 on a trailing basis. F...
Fox Corporation Executives to Discuss Fourth Quarter and Full Year Fiscal 2022 Financial Results Via Webcast PR Newswire NEW YORK and LOS ANGELES , July 27, 2022 /PRNewswire/ -- Fox Corporation (Nasdaq: FOX), (Nasdaq: FOXA) will discuss fourth quarter...
FOX News is the Most-Engaged News Organization on Social Media for 31 st Straight Quarter FOX Business Remains Most Viewed on YouTube Among Business News Competitive Set for 13 th Quarter in a Row FOX News Digital finished the second quarter 2022 as t...
Streaming video surged to still another record share of television usage in the past month, maintaining a trend where it's set to soon become the top use of consumers' TV time. Streaming usage took more than a third of TV usage in June, its latest record share according to " T...
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National multimedia sports platform OutKick finished June 2024 with strong growth month over month with 5.9 total multiplatform unique visitors, up 7% versus May 2024, and 21 million total multiplatform minutes, up 5% versus the prior month. The platform also saw 23 million total multiplatform vi...
FOX News Digital Marks 41 Consecutive Quarters as Most Engaged News Brand on Social Media FOX News Digital Leads CNN with Total Digital Multiplatform Unique Visitors FOX News Digital finished the second quarter 2024 leading all news brands with multiplatform views and minu...
Correspondent Max Gorden to Join FOX Business Network FOX Weather will begin to simulcast on FOX Business Network (FBN) weekday mornings from 5-6 AM/ET beginning Monday, July 15 th with FOX Weather First co-anchored by Britta Merwin and Craig Herrera. Leading into FBN ...