Coronavirus 2020: UBS analyzes sports, news TV networks - Business Insider

📆 17-03-20 02:05:00
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The sports TV industry will 'go from bad to abysmal' in the coming months, but analysts say NBCUniversal and Fox are best poised to weather the coronavirus

A new note from investment firm UBS breaks down how TV networks will fare under new pressure from the coronavirus.

The analysts said that the news viewing bump would insulate Fox, Comcast and AT&T from the drop in sports programming.2020 is turning out to be tough for TV networks, with the coronavirus cancelling sporting events like March Madness that bring big viewership numbers and the risk of a postponed Tokyo Summer Olympics threatening to pull at least $1.

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