ESPN, Fox, Warner Bros to launch sports streaming platform; Citi 'incrementally' bullish

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Here's what the new sports streaming bundle means for broadcast - Deutsche Bank

February 8, 2024 7:00 PM EST

Analysts at Deutsche Bank discussed what the new sports streaming bundle would mean for broadcast in a note this week, saying they believe the market overreacted to the news.

On Tuesday, Walt Disney (NYSE: DIS), Fox Corporation (NASDAQ: FOX), and Warner Bros. Discovery... More

Walt Disney (DIS) PT Raised to $104 at Macquarie

February 8, 2024 8:58 AM EST

Macquarie analyst Tim Nollen raised the price target on Walt Disney (NYSE: DIS) to $104.00 (from $94.00) while maintaining a Neutral rating.

The analyst comments "F1Q results were just about in line on revenue at $23.5bn and ahead on segment OI at $3.9bn... More

Walt Disney (DIS) PT Raised to $128 at Wells Fargo, 'EPIC Quarter'

February 8, 2024 6:48 AM EST

Wells Fargo analyst Steven Cahall raised the price target on Walt Disney (NYSE: DIS) to $128.00 (from $115.00) while maintaining a Overweight rating.

The analyst comments "EPIC results. DIS's F1Q24 segment OI beat Street by 12% and Adj. EPS was ahead by... More

The new ESPN joint venture will add value for Walt Disney (DIS) shareholders - Needham & Company

February 7, 2024 11:11 AM EST

The new ESPN joint venture (JV) adds value for Walt Disney (NYSE: DIS) shareholders, according to Needham & Company analyst Laura Martin on Wednesday.

DIS's ESPN, Warner Bros. Discovery (NASDAQ: WBD) and Fox Corporation (NASDAQ:... More

Ford, Snap report; ESPN, Fox, Warner's sports streaming JV - what's moving markets

February 7, 2024 5:50 AM EST

Investing.com -- Ford shares climb after the carmaker outlines plans to deliver a supplemental dividend to shareholders, while Snap's stock tumbles on weaker-than-anticipated fourth-quarter revenue at the social media firm. ESPN, Fox, and Warner Bros. Discovery (NASDAQ: WBD) unveil a sweeping joint venture to create a new sports streaming platform. New York Community Bancorp (NYSE: NYCB)'s overall credit rating is cut to "junk" status by Moody's (NYSE:... More

ESPN (DIS), FOX (FOXA) and Warner Bros Discovery (WBD) Enter JV to Launch Streaming Sports Service in the US

February 6, 2024 5:02 PM EST

ESPN, a subsidiary of The Walt Disney Company (NYSE: DIS), FOX (Nasdaq: FOXA, FOX) and Warner Bros. Discovery (Nasdaq: WBD) have reached an understanding on principal terms to form a new Joint Venture (JV) to build an innovative new platform to house a compelling streaming sports service. The platform brings together the companies portfolios of sports networks, certain direct-to-consumer (DTC) sports services and sports rights including content from all the major professional sports leagues and college sports. The formation of the pay service is subject to the negotiation of... More