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Return of Live Sports Will Set “Record” TV Ratings, Attract Pay TV Subscribers: Analyst
The return of live sports to U.S. TV screens will set record ratings in the second half of 2020 and attract new pay TV subscribers, including so-called "cord-nevers," analyst Laura Martin predicts. But she sees that putting pressure on subscriber trends at streaming services like Netflix and Disney+.
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“Multiple Positive Milestones” to Boost Media Stocks, Analyst Says
Guggenheim Securities analyst Michael Morris said that media stocks are in for gains in the coming weeks, citing "multiple positive milestones," including the return of live sports, "improving advertiser sentiment," the reopening of businesses that subscribe to channel bundles and "gradual improvement in content production."
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Analyst Upgrades Fox, Downgrades Disney in New Coronavirus Impact Report
Guggenheim Securities analyst Michael Morris upgraded his rating on Fox Corp.'s stock to "buy" and downgraded his Walt Disney rating to "neutral" in a report that updated his financial forecasts for entertainment industry companies amid the novel coronavirus pandemic.
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Disney’s Credit Rating Revised by Fitch Over Virus Impact
Fitch Ratings has put The Walt Disney Company on credit watch, with a negative outlook, over concerns about how the Hollywood studio will weather the coronavirus outbreak.
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Coronavirus: How Travel Restrictions Could Boost Hollywood Production in Canada
The COVID-19 outbreak has bludgeoned the global entertainment business with travel restrictions and event cancellations.
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‘911: Lone Star’: TV Review
Fox expands the '9-1-1' universe to Texas as Rob Lowe leads the '911: Lone Star' team saving people from longhorns, BBQ smoke and other emergencies.
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Chernin Entertainment Exits Longtime 20th Century Fox Pact
Peter Chernin and his Chernin Entertainment brand are exiting their longtime production pact with the Disney-owned 20th Century Fox.
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Fox Corp. Shares Surge After Strong Quarterly Earnings Report
Fox Corporation on Wednesday reported impressive quarterly financial results — largely due to rising affiliate fees and its decision to rent the Fox Studios Lot to Disney and others — that had shares of the company led by CEO Lachlan Murdoch trading 5 percent higher in after-market action.
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Disney’s Bob Iger on Martin Scorsese Criticism: “I Don’t Think He’s Ever Seen a Marvel Film”
Walt Disney chairman and CEO Bob Iger in a BBC Radio interview commented on Martin Scorsese's criticism of Marvel films, saying he admires the filmmaker but believes he has never seen a Marvel movie. He also said about the Star Wars movie franchise that he feels that "less is more."
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Netflix Renews Legal Attack on Fox Employment Contracts
On Friday, Netflix took its best shot at ensuring unrestricted mobility for those who work in the entertainment industry. In a case that began after the streamer recruited Fox executives, Netflix told a judge that its rival's employment contracts must be voided for illegality.
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Disney+ Subscriber Forecasts Raised After Verizon Giveaway Deal
Wall Street sees Disney losing billions to launch streaming services before earnings rebound in 2024.
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James Murdoch Weighs In on ‘Succession,’ Explains Support for Pete Buttigieg
In a new interview, James Murdoch, whose father, Rupert, founded and commands Fox News, says disinformation campaigns and technology are "being manipulated to make us fight with each other, making us the worst versions of ourselves."
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