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Booking The Territory: 4 Reasons Why BTIG Sees More Upside For WWE
Friday, July 6, 2018 - 8:30am | 550Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) have more than tripled in value over the past year the case for even more upside can be justified, according to BTIG. The Analyst BTIG's Brandon Ross maintains a Buy rating on World Wrestling Entertainment with a price target lifted from...
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WWE Could Be In A Bidding War For 'Smackdown Live' While 'Raw' Gets Big Renewal
Thursday, May 17, 2018 - 8:45am | 640World Wrestling Entertainment, Inc. (NYSE: WWE)'s stock was trading higher by 15 percent Thursday morning after a report that rights to the company’s “Smackdown Live” program could soon be up for open bidding as Comcast Corporation (NASDAQ: CMCSA) subsidiary NBC Universal...
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'Wonder Woman' Slams Coffin Shut On Tom Cruise's 'Mummy' After Potent Second Weekend
Sunday, June 11, 2017 - 2:24pm | 700“Wonder Woman” lassoed the box office for a second straight weekend, burying Tom Cruise’s “The Mummy” and belting another studio’s bid to build a billion-dollar world of interlocking franchises. The Gal Gadot-starring “Wonder Woman” - Time Warner...
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Competition And Content: Why This Hedge Fund Is Short On Netflix
Thursday, December 22, 2016 - 3:17pm | 691Despite a history of volatility and less than encouraging revenue reports, Netflix, Inc. (NASDAQ: NFLX) still trades big numbers. As 2017 approaches, the stock is well over $100, bouncing closer to the $130 mark. While the continued longevity of the company's growth is impressive, the...
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Harry Potter And The NBC TV Rights Deal
Monday, August 8, 2016 - 10:03am | 398The success of the "Harry Potter" franchise made it a matter of when, not if, a major cable company would shell out the big bucks to obtain the commercial television rights to the franchise's movies. According to the Wall Street Journal, Time Warner Inc (NYSE: TWX)'s Warner Bros. studio struck a...
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General Electric Reveals Three New Officers Appointment
Friday, May 6, 2016 - 3:04pm | 250General Electric Company (NYSE: GE) disclosed three appointments effective May 1. According to the company, it now has 190 officers globally, who each lead large revenue-generating businesses or are in critical technology/functional roles. General Electric said that Linda Boff, who joined GE in...
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Here's Why It Might Be Time For WWE To Consider A Sale
Monday, May 2, 2016 - 3:46pm | 586World Wrestling Entertainment, Inc. (NYSE: WWE) has been a family-controlled business for nearly a century. However, there have been some rumblings recently about whether the sports-entertainment company should put itself up for sale. Following last week's Comcast Corporation (NASDAQ: CMCSA)-...
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NBC's Renewal Of 'Superstore' A Good Sign For Comcast Investors
Wednesday, February 24, 2016 - 7:27am | 313For shareholders in Comcast Corporation (NASDAQ: CMCSA), NBC's comedy slate has been nothing to laugh at it the last few years. While the network's drama roster has been incredibly strong, it has seemingly wiped the slate clean every year on the comedy side and hasn't been able to...
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What The New 'Thursday Night Football' Deal Means For CBS, NBC And The NFL
Tuesday, February 2, 2016 - 8:35am | 620The NFL will continue to have a big presence on Thursday nights this fall, but now with two partners instead of one. In a deal announced Monday, the NFL has agreed to an arrangement that expands its Thursday night package from eight games to 10 games, but splits it over both CBS Corporation...
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Netflix Responds To NBC: 'Our Investors Are Not As Sure Of God's Intentions For TV'
Tuesday, January 19, 2016 - 4:39pm | 397It didn't take very long for Netflix, Inc. (NASDAQ: NFLX) to take a shot right back NBC. Last week, President of Research and Media Development for Comcast Corporation (NASDAQ: CMCSA)'s NBC Universal, Alan Wurtzel said: "The reports of our death have been greatly exaggerated......
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NBC Exec Not Worried About Netflix: 'People Watch TV The Way God Intended'
Thursday, January 14, 2016 - 12:21pm | 681One network television station isn't concerned by the rise of Netflix, Inc. (NASDAQ: NFLX). "The reports of our death have been greatly exaggerated," said Alan Wurtzel, president of research and media development for Comcast Corporation (NASDAQ: CMCSA)'s NBC Universal. AdWeek...
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Could The NFL Be Driving Up Bids For Thursday Night Football?
Friday, December 18, 2015 - 9:42am | 868As a $10 billion business, it's of little surprise that everybody would like piece of The National Football League pie. The NFL launched Thursday Night Football in 2006 on its eponymous network, and beginning last year, on CBS Corporation (NYSE: CBS). The Eyeball has consistently been the...
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Is The Video Subscription Space Saturated?
Friday, October 16, 2015 - 12:39pm | 449The way consumers watch TV has changed drastically over the past few years as the popularity of Internet video sites like YouTube have skyrocketed. Dedicated streaming services like Netflix, Inc. (NASDAQ: NFLX) and Hulu emerged and their warm reception from American viewers caused traditional...
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Trailblazers: Vince McMahon Takes His Empire, And An Industry, Over The Top
Sunday, April 6, 2014 - 10:56am | 1157The life of a World Wrestling Entertainment (NYSE: WWE) employee can be a grueling one. The company performed 321 live events, including 65 international, in front of nearly two million fans in 2013. Professional wrestling, or what WWE likes to label "sports-entertainment," has changed...
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Netflix CEO Calls Interconnection Fees An "Arbitrary Tax"
Friday, March 21, 2014 - 12:10pm | 548In a blog post Thursday, Netflix (NASDAQ: NFLX) CEO Reed Hastings said content companies like Netflix should be given adequate network connections free of charge. Hasting’s blog post stems from the deal Netflix inked with Comcast (NASDAQ: CMCSA) this past February in which Netflix agreed to pay...