Author: Chris Katje
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NBA Fans Rejoice: New $76B Deal From ESPN, Amazon, NBC Will Bring Games 7 Days A Week
in IdeasA new media rights deal for the National Basketball Association (NBA) is nearing the finish line and could be a slam dunk for fans and the new partners. Here’s a look at the latest. What Happened: A new NBA deal is expected to be 11 years in length and total $76 billion from three partners,…
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Disney, Comcast, Fox Get Top Ratings Among Media Conglomerates Thanks To Sports Rights, Streaming Strength: Analyst Prefers ‘Deep Competitive Moats’
in IdeasSeveral media stocks were sized up by an analyst as the sector saw ongoing changes from cord-cutting and the growth of streaming platforms. The Analyst Ratings: Goldman Sachs analyst Michael Ng initiated coverage on the following stocks with the following price targets. Walt Disney Co (NYSE:DIS): Buy rating, $125 price target Comcast Corp (NASDAQ:CMCSA): Buy…