Tag Archives: dis

Dish Contract Renewal Critical For Bruised Viacom

A programming contract renewal with Dish Network (DISH) is “critical” for Viacom, says Deutsche Bank, which lowered its price target on the media and entertainment company. Viacom (VIA) stock has been beaten up since Walt Disney (DIS), when reporting earnings, warned about slowing revenue growth from affiliate fees, the payments that media firms garner from pay-TV companies. In response to competition from Netflix (NFLX) and complaints over rising

Media Stocks Torched As Pay-TV Day Of Reckoning Nears

Media stocks continued their collapse Thursday, with investors worried that a day of reckoning is at hand for the pay-TV ecosystem. Walt Disney’s (DIS) warning late Tuesday over slowing revenue growth from affiliate fees, the payments media firms garner from pay-TV companies, set the sell-off in motion. Generally soft media earnings didn’t help. Disney shares fell 1.8% after losing 9% Wednesday. Over the past two sessions,

Peacock Turns Mouse: Comcast Talks Film, Theme Parks

The Peacock is turning into a Mouse, judging by Comcast’s stellar Q2 results at its NBCUniversal’s film division and theme parks. Cable TV leader Comcast (CMCSA) — which audaciously tried to buy Walt Disney (DIS) in 2004 and was rebuffed, only to acquire NBCU from General Electric (GE) in 2011 — saw its diversification strategy pay off in its June-quarter results. Comcast revenue rose 11.3%, topping analyst views, as NBCUniversal sales popped 20%