Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
Author: Shirley Pelts
The Walt Disney Company’s (DIS) ESPN recently announced its partnership with Sirius XM (SIRI) to launch ESPNU Radio. ESPNU Radio, which debuted on August 31, covers college sports and is available 24/7.
Advertising is a key source of revenues for companies like Time Warner (TWX), 21st Century Fox (FOXA), and Comcast’s (CMCSA) NBCUniversal.
The highlight of Disney’s fiscal 3Q17 earnings release was the company’s announcement regarding the launch of two streaming services.
On July 31, 2017, Discovery Communications (DISCA) announced the acquisition of Scripps Networks Interactive (SNI) for $14.6 billion, or $90 per share.
Viacom (VIAB) is undergoing a transition toward a focus on its core flagship brands.