-
Why SmileDirectClub Is Suing NBCUniversal For $2.8B
Monday, May 18, 2020 - 8:35pm | 371Read More...SmileDirectClub Inc (NASDAQ: SDC) said Monday afternoon it's seeking approximately $2.8 billion in damages from Comcast Corporation's (NASDAQ: CMCSA) NBCUniversal. What Happened At NBC News At the heart of the lawsuit is NBC's Feb. 13 episode of "Nightly News", which...
-
NBCUniversal Releases Movies On-Demand Same Time As Theaters Due To Coronavirus
Tuesday, March 17, 2020 - 1:10am | 443Read More...Comcast Corporation (NASDAQ: CMCSA) subsidiary NBCUniversal is bypassing the theatrical window for its movie releases as the coronavirus (COVID-19) outbreak forces social distancing. What Happened Universal Pictures' upcoming release "Trolls World Tour" will become the first...
-
NBCUniversal Got Rid Off Its Entire Stake In Snap In 2019: Report
Tuesday, March 10, 2020 - 2:46am | 297Read More...Comcast Corporation (NASDAQ: CMCSA) subsidiary NBCUniversal sold off its entire stake in social media company Snap Inc. (NYSE: SNAP) in 2019, according to its 10-K filing with the Securities and Exchange Commission. What Happened NBCUniversal had acquired the $500 million in Snap during the latter...
-
What To Expect From Comcast's Peacock Launch
Thursday, January 16, 2020 - 1:58pm | 458Read More...Media giant Comcast Corporation (NASDAQ: CMCSA) and NBCUniversal will unveil Thursday afternoon the much-anticipated details of its new streaming video service dubbed "Peacock." Ahead of the presentation, several experts discussed what they're hoping to see. Details Matter Axios media...
-
Citi Raises WWE Price Target Based On Free Cash Flow Outlook
Monday, August 27, 2018 - 1:51pm | 412Read More...It’s been an exceptional year so far for World Wrestling Entertainment, Inc (NYSE: WWE) stock and its investors, but one Wall Street analyst says there’s still WWE shares deserve their lofty valuation. The Analyst Citi analyst Jason Bazinet reiterated his Neutral rating and raised...
-
Over The Top? Morgan Stanley Bumps WWE's Price Target To $100
Friday, July 13, 2018 - 11:30am | 451Read More...The Heavyweights and Cruiserweights of World Wrestling Entertainment, Inc. (NYSE: WWE) have helped strengthen the stock as an Overweight contender on the Street. WWE is up more than 130 percent year-to-date, but Morgan Stanley still considers it a buy. The Rating Analyst Benjamin Swinburne...
-
Booking The Territory: 4 Reasons Why BTIG Sees More Upside For WWE
Friday, July 6, 2018 - 9:30am | 550Read More...Shares 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...
-
WWE Spikes On Reports 'Smackdown Live' Will Move To Fox Following A 'Massive Offer'
Monday, May 21, 2018 - 1:25pm | 576Read More...After a huge run last week, World Wrestling Entertainment, Inc. (NYSE: WWE) stock spiked higher by more than 12 percent Monday after ESPN and other outlets reported that WWE has agreed in principle to a deal that would move “SmackDown” from Comcast Corporation (NASDAQ: CMCSA)'s USA...
-
3 Ways Snapchat Is Responding To Slow User Growth
Thursday, May 25, 2017 - 10:19am | 918Read More...After several months of poor daily-active-user figures by Snap Inc (NYSE: SNAP), Evan Spiegel, Snapchat CEO and co-founder, is determined to drive user-engagement. The DAU decline occurred right after Facebook Inc (NASDAQ: FB)'s Instagram Stories launched, and Spiegel has taken notice. Specifically...
-
Which Media Firms Are Benefiting Most From President Trump?
Thursday, May 25, 2017 - 8:47am | 774Read More...In spite of stunted political access since President Donald Trump took office, or perhaps because of information barriers and the repeated denunciation of media firms, sector players have recently done well for themselves. “In an odd way, the Trump administration has been the media’s...
-
Here's What NBC Understands About Advertising In The Age Of Snapchat
Tuesday, April 4, 2017 - 2:42pm | 346Read More...Loop Capital Markets analyst Blake Harper praised the traditional media giant NBC Tuesday for adequately adjusting its advertising strategy to reflect the demands of the time. NBC and owner Comcast Corporation (NASDAQ: CMCSA) proved their 21st-century savviness through a recent deal with Snap Inc (...
-
Net Neutrality Opponent To Head The FCC; Who Benefits?
Tuesday, January 24, 2017 - 1:08pm | 1073Read More...President Donald Trump has named Ajit Pai as the chairman of the Federal Communications Commission. Pai, a FCC commissioner, has been elevated to the top position at the commission following the resignation of Tom Wheeler last month. In a statement acknowledging the offer, Pai said he looks...
-
A 'Safe Haven' If The Trump Rally Collapses: Comcast
Tuesday, November 29, 2016 - 11:18am | 309Read More...Wunderlich’s Matthew Harrigan views Comcast Corporation (NASDAQ: CMCSA) as a relatively “safe haven,” even in the event that the stock’s current Trump rally ends, given the superior execution of the company’s cable business, as well as NBCUniversal. Harrigan...
-
NBCUniversal Close To Investing $200 Million In BuzzFeed
Friday, October 21, 2016 - 8:54am | 354Read More...Comcast Corporation (NASDAQ: CMCSA)'s NBCUniversal segment is close to finalizing a deal in which it will invest $200 million in BuzzFeed. According to Recode, NBCUniversal is attracted to BuzzFeed's fast-growing digital content, which is in a better position itself to target younger audiences. A $...
-
Former Dreamworks Shareholders Might Look To Lions Gate Shares As A Replacement Position
Wednesday, August 24, 2016 - 3:46pm | 343Read More...DreamWorks Animation and NBCUniversal, a division of Comcast Corporation (NASDAQ: CMCSA), announced their intent to merge in April and the deal was officially completed on Monday. DreamWorks shareholders will receive $41 in cash for each share owned and investors who are bullish on the studio...
