slumped Monday amidst a broader market recovery as a few Wall Streeters a suggested a wait-and-see attitude to the company’s merger.“ViacomCBS is clearly in the ‘show-me’ category, with a need to prove out merger execution and synergies as well as show [that] its ramp in Hollywood content spending … will produce greater future
Other keys, he said, will be: renewing its NFL package at a reasonable price despite potential competition from Disney, which is crucial for CBS distribution leverage; fending off increased competition as Turner shifts to an unscripted strategy; getting Hulu and YouTube distribution;services will ramp to the point they offset investors’ traditional networks concerns; and how M&A and capital return strategies evolve.He said ViacomCBS will generate less cash than it used to.
The merger closed in December. Late last week, Viacom announced that former NBCUniversal executive George Cheeks will be coming on in March as CEO of CBS Entertainment group – the head of CBS-branded assets at the combined company – replacing Joe Ianiello.investment in 2020 at ViacomCBS may more than offset any continuing merger synergy benefits. “We expect the streaming wars to maintain pressure on media operating margins for the foreseeable future,” he said.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Tech stocks, upbeat U.S. factory data help Wall Street reboundU.S. stocks rose on Monday, with gains in Amazon and technology stocks as well a... The only reason for a rebound is the fact that the gov is propping it up. They think everyone is stupid.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
Stocks rise on Wall Street, but China's main market divesTechnology companies led U.S. stocks higher in early trading Monday as global markets mostly calmed down following a sharp sell-off last week over worries about the spreading virus outbreak that began in China Thank you President Trump!! Mnuchin is pumping our borrowed tax money into the markets to prop them up before the State of the Union. When the back door government meddling stops, what goes up, will come tumbling down. Trumps economy is Boooooming..... Winning
Herkunft: ABC - 🏆 471. / 51 Weiterlesen »
Wall Street strategists stick by their bullish 2020 market forecasts despite coronavirus fearsMorgan Stanley, JPMorgan, UBS and Credit Suisse are all sticking with their bullish year-end target on the S&P 500, seeing the Chinese virus as a short-term risk. They were bullish in early 2000 also 😉 Despite there’s no clue how to stop it yet?
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Wall Street is quietly retreating from its enthusiasm for Tesla's self-driving car plans - Business InsiderThe transportation narrative has shifted to self-driving. Tesla is working on an autonomous solution, but the likes of Waymo and Cruise are far ahead. that's because self-drive cars will be not be a viable invest for years. they are simply too dangerous when combined with the unpredictability of other drivers Huh. No surprise. I don’t think the system is ready and won’t be for years yet. They could speed things up by having a transponder on every car so they could automatically be aware of eachother. A tonne of stuff goes on on surface roads that isn’t even car related.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »