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Disney Shanghai Is Now Open: Why It Matters For Investors
Monday, May 11, 2020 - 2:11pm | 541Read More...Walt Disney Co (NYSE: DIS) over the weekend reopened its Shanghai theme park and this serves as a "great blueprint" for what will happen in the United States, JPMorgan media analyst Alexia Quadrani said on CNBC. What Happened "Normally, the park has a capacity of 80,000 people and 12...
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Coronavirus Won't Let The Show Go On: Health Expert Says Large-Scale Gatherings Unrealistic Until 2021
Monday, April 13, 2020 - 11:31am | 318Read More...The coronavirus pandemic has brought industries come to a standstill, and one health expert says large gatherings such as conferences, concerts and sporting events may not return to normal until fall 2021, according to The New York Times Magazine. “Restarting the economy has to...
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Live Nation, AEG Halt Tours: The Concert Business Is About To Go Silent From Coronavirus
Thursday, March 12, 2020 - 3:58pm | 492Read More...The show must not go on. The live music business faces a period of cancellations in the face of the COVID-19 pandemic that could seriously damage the $26-billion industry. Among the companies that stand to suffer most acutely from a big drop in live concerts is Live Nation...
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Investors Give WWE's Stock An RKO, But These Analysts Aren't Tapping Out
Friday, November 1, 2019 - 4:05pm | 546Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) reported third-quarter results with weakness across the board. Shares fell more than 15%, but analysts aren't tapping out of the stock yet. The Analysts Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on WWE's stock...
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Takeaways From Tencent's Q2: Analyst Says Chinese Conglomerate Building 'Dominant Position' In Gaming
Wednesday, August 14, 2019 - 12:18pm | 533Read More...China-based Tencent Holdings (OTC: TCEHY) reported better-than-expected second-quarter earnings Wednesday, and analysts are predicting the company's valuation will pass the $500-billion mark for the first time since early 2018. What Happened Tencent's revenue growth in the first quarter was...
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Wells Fargo On Dave & Buster's: Time To Hit 'Pause'
Wednesday, June 12, 2019 - 12:12pm | 375Read More...Dave & Buster's Entertainment Inc (NASDAQ: PLAY) reported Tuesday concerning first-quarter earnings, which prompted Wells Fargo to hit the "pause" button. The Analyst Wells Fargo's Jon Tower downgraded Dave & Buster's from Outperform to Market Perform with a price...
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TiVo Investors Pull Back As DVR Maker Announces Business Split
Friday, May 10, 2019 - 10:34am | 364Read More...Entertainment technology and audience insights company TiVo Corp (NASDAQ: TIVO) said in conjunction with its first-quarter report Thursday that it will split itself into two independent companies. What Happened TiVo's board of directors approved a move to split TiVo's product business from...
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What To Do With Dave & Buster's Now?
Wednesday, December 12, 2018 - 11:32am | 703Read More...Dave & Buster's Entertainment Inc (NASDAQ: PLAY) reported a better-than-expected third quarter print Tuesday, but investors appear to be concerned with a 1.3-percent same-store sales decline which was worse than the 0.7-percent decline expected. Here is a summary of how some of the Street...
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Take-Two Interactive CEO Talks International Market, Regulatory Scrutiny
Thursday, November 29, 2018 - 3:18pm | 421Read More...Video game companies looking to capture more share of gamers' time must put forth nothing short of the "very best," Take-Two Interactive Software, Inc (NASDAQ: TTWO) CEO Strauss Zelnick told CNBC in a Thursday interview. What Happened Take-Two's strategy to win market share...
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CommScope Confirms $7.4B Acquisition Of Arris
Thursday, November 8, 2018 - 9:38am | 443Read More...Telecommunication infrastructure company Commscope Holding Company Inc (NASDAQ: COMM) confirmed Thursday it reached an agreement to acquire entertainment and communications solutions company Arris International plc (NASDAQ: ARRS) for $7.4 billion. Arris shares gained 11 percent Wednesday after...
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Comcast CEO: The Most Disappointing Part Of Losing Fox Is What Came Next
Friday, September 7, 2018 - 11:40am | 440Read More...A media bidding war pitted Comcast Corporation (NASDAQ: CMCSA) against Walt Disney Co (NYSE: DIS), with the winner acquiring most of Twenty-First Century Fix Inc (NASDAQ: FOXA)'s assets. Disney ultimately emerged with a superior bid, but Comcast CEO Brian Roberts said the aftermath was the...
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Twenty-First Century Fox's $100M Investment In Caffeine: What You Need To Know
Wednesday, September 5, 2018 - 2:04pm | 347Read More...From investments to acquisitions, Twenty-First Century Fox Inc. (NASDAQ: FOXA) has recently taken huge steps toward market expansion and diversification. What Happened On Wednesday, 21st Century Fox announced a $100-million investment in Caffeine, a next-generation social...
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Jefferies Finds Multiple Reasons To Turn Bullish On Discovery
Tuesday, August 21, 2018 - 1:06pm | 346Read More...The bullish case for Discovery Communications Inc. (NASDAQ: DISCA) can be made for multiple reasons that are being overlooked by the Street, according to Jefferies. The Analyst Jefferies' John Janedis upgraded Discovery from Hold to Buy with a price target lifted from $26 to $34. The Thesis The...
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Madison Square Garden Trading At Discount To Intrinsic Value, Imperial Capital Says In Bullish Initiation
Tuesday, August 21, 2018 - 9:14am | 438Read More...Shares of sporting and entertainment company Madison Square Garden Co (NYSE: MSG) have gained more than 10 percent since the announcement of a split into two entities, but the stock remains undervalued, according to Imperial Capital. The Analyst Imperial Capital's David Miller initiated...
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KeyBanc On Comcast: Uncertainty, Cheap Valuation Makes This A Buying Opportunity
Thursday, May 17, 2018 - 4:09pm | 428Read More...Comcast Corporation (NASDAQ: CMCSA) boasts a broadband business that's underappreciated by the market to the point where shares are trading at a near five-year low valuation, according to KeyBanc. The Analyst KeyBanc Capital Markets' Brandon Nispel assumed coverage of Comcast with an...
