July 24, 2015 9:19 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Advertisers and broadcasters alike are scrambling to find their place in the quickly changing world of TV programming. Consumer preferences are rapidly shifting and the need for traditional cable providers has
started to taper off as more and more young people opt to cut the cord and use online viewing services like
Netflix Inc. (NASDAQ: NFLX) and Hulu. However, traditional programmers like
Walt Disney Corp. (NYSE: DIS),
Twenty-First Century Fox
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(NYSE: FOX) and
Comcast Corp (NASDAQ: CMCSA) are hoping to keep their businesses relevant through investment in up and coming media firms that they believe will revive millennials' interest in traditional broadcasting.
Making DealsComcast's NBCUniversal is
reportedly in early talks with progressive online media companies like Vice Media, BuzzFeed and Business Insider. Those outlets currently create online content that has become widely popular on the internet, but are hoping to break into the TV business. Comcast isn't the only firm interested in bringing on an internet heavy hitter, Disney and Fox have been working to secure investments in the digital media space as well.
Vice In Good Position For Deal MakingVice already produces both online content and TV programming, and the company has made a splash among young male viewers, a demographic that has been difficult for content creators to reach. The company isn't likely to sell to a big name like Comcast, though it would probably take on funding from a strategic investor.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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