Weekly Highlights: Microsoft's Big NFL Win, Fire Phone Expenses And More
There were some interesting developments, however, including the NFL debut of Microsoft's (NASDAQ: MSFT) Surface Pro 2.
Amazon's (NASDAQ: AMZN) Fire Phone appears to be one very costly investment.
GameStop (NYSE: GME) could be in trouble -- and new consoles may not be able to save the retailer.
And Pandora (NYSE: P) inked a deal with a global rights agency that represents thousands of indie labels.
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NFL Reinvigorated Surface Pro 2 Excitement
Fire Phone Could Be Problematic To Amazon's Bottom Line
Don't Expect New Hardware To Save GameStop
Benchmark analyst Michael Hickey recently told Benzinga that he expects digital downloads to replace physical game discs within the next five years.
This isn't good news for GameStop, which relies heavily on the sale of physical game discs.
"People definitely have to go to stores to buy hardware, unless you buy through Amazon or an online retailer," Hickey told Benzinga. "Is new hardware coming in … sooner rather than later good for GameStop? Yeah, for sure. Once the console is in the home, however, there's an increasingly vibrant ecosystem of software that's available for digital download."
New Netflix Shows: Big Hits Or Big Bombs?
Albert Fried & Company analyst Rich Tullo shared his thoughts on Netflix's upcoming TV shows.
"The Marvel content is likely to be good, but it could go either way," Tullo told Benzinga. "Based on [the success of] Guardians of the Galaxy, [the content] should be good."
Tullo was much less excited for the fifth season of Arrested Development.
"They spent a lot of money on the show and they refuse to believe it was a failure," Tullo said, referring to the fourth season.
Pandora Inked Its First Deal With An Indie Label Firm
Pandora announced that it had signed an agreement with Merlin, a global rights agency that represents thousands of independent labels.
The deal received a lot of media attention because it will allow Pandora to pay labels directly. Unfortunately, the deal may not be as lucrative as it sounds.
"Spotify is already doing direct deals with artists, so this is a 'me-too' kind of situation," Rich Tullo told Benzinga. "To a degree, once an artist publishes a song, it's in the sound exchange, so a lot of this is … not that big of a deal. You can get access to the content one way or another."
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