Will Fox Sports 1 Be News Corp's (NWSA) Next Multibillion Dollar Touchdown?
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Fox Sports 1 Could be a Winner for News Corp (NWSA) - Barclays
March 6, 2013 1:45 PM ESTBarclays raised their price target on Overweight-rated News Corp (NASDAQ: NWSA) after the company company revealed the "world's worst kept secret" national sports channel Fox Sports 1.
"We note that while ESPN has built up a strong competitive moat as the leader in national sports programming, we continue to believe that... More
News Corp's (NWSA) Fox Sports 1 a 'Worthy Adversary' to ESPN (DIS) - Needham & Company
March 6, 2013 10:57 AM ESTNeedham & Company reiterated their Buy rating and $38 price target on News Corp. (NASDAQ: NWSA) following news the company's national sports network Fox Sports 1 will begin broadcasting on 8/17/13.
The analyst thinks Fox Sports 1 will get $0.60-$0.75/sub/month, which is up 100 percent from the rate they were getting before reprogramming Speed-TV into the new station. This, however, is a small fraction of ESPN's $6/sub/month.
"Virtually every... More
