[ad_1] CNBC’s Jim Cramer on Thursday updated his ranking of major media stocks, putting Fox at the top of the list, trailed closely by Disney. Five months ago, Cramer ranked Disney as the best, with Fox in second, followed by Warner Bros Discovery and then Paramount. But according to him, …
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FuboTV sues Disney, Fox, Warner Bros. over sports joint venture
[ad_1] Sports streaming platform FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced joint venture, citing what the company calls “extreme suppression of competition in the U.S. sports-focused streaming market,” according to a copy of the lawsuit obtained by CNBC. The joint venture, announced earlier this …
Read More »New sports streaming bundle could be a ‘monster’ — or a dud. Here are the biggest remaining questions
[ad_1] Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. Jevone Moore | Icon Sportswire | Getty Images The U.S. media world was rushing — or panicking? — …
Read More »Wall Street is overreacting to new sports joint venture, says EW Scripps CEO
[ad_1] EW Scripps CEO Adam Symson Source: EW Scripps Local TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after Disney, Warner Bros. Discovery and Fox announced a new sports joint venture set to launch this fall. Sinclair dropped 12% Wednesday, TEGNA fell …
Read More »ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year
[ad_1] The Disney+ website on a laptop in Brooklyn, New York, on July 18, 2022. Gabby Jones | Bloomberg | Getty Images Walt Disney‘s ESPN, Fox and Warner Bros. Discovery plan to launch a joint sports streaming service this fall, giving consumers a new way to access marquee live sports …
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