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AMC Networks' Sales Drop As Analyst Warns Of 'Continued Pressure' On Revenue
Monday, May 12, 2025 - 11:46am | 306AMC Networks Inc (NASDAQ:AMCX) on Friday reported a decline in first-quarter sales. The company witnessed "continued pressure to core revenue streams," according to JPMorgan. The AMC Networks Analyst: Analyst David Karnovsky maintained an Underweight rating, while reducing the price target...
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Lions Gate Entertainment: Starz, Lionsgate Studios Split Should Unlock Value
Monday, March 31, 2025 - 11:39am | 287The separation of Lions Gate Entertainment Corp's (NYSE:LGF) Starz and Lionsgate Studios businesses "looks set to shortly follow a shareholder vote on April 23," according to JPMorgan. Lions Gate Entertainment Analyst: Analyst David Karnovsky upgraded the rating from Underweight to Neutral while...
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Box Office Set For $9.5 Billion 2025 Comeback As Netflix Reshapes Industry, Analyst Says
Friday, January 17, 2025 - 5:17pm | 754Analysts turn their focus to the 2025 movie season, offering box office predictions as the industry grapples with the continued rise of streaming platforms. JPMorgan 2025 Outlook: The movie theater industry could be normalizing after facing the COVID-19 pandemic disruption and labor stoppages,...
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Streamers Max, Paramount+ Won November: Here's Why Analyst Expects Netflix, Amazon To Win December
Wednesday, December 18, 2024 - 5:05pm | 807A new analyst report that looks at downloads and user data could show the winners and losers and what's ahead for the streaming sector. The Media and Internet Report: JPMorgan analysts led by David Karnovsky released a report on streaming downloads and user data using data from Sensor Tower, the...
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Sphere Entertainment Expands Beyond Las Vegas, CEO Calls New Venue In Abu Dhabi 'Significant Milestone'
Wednesday, October 16, 2024 - 10:21am | 527Sphere Entertainment Co. (NYSE:SPHR) is building a new venue in Abu Dhabi, the capital of the United Arab Emirates. The Details: The Sphere venue in Abu Dhabi would be the second in the world after the Sphere's Las Vegas location opened in 2023. Abu Dhabi's Sphere will echo the scale of the 20,...
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Sphere Entertainment Upgraded On 'Proven Out' Model: Global Franchise Potential Not Yet Priced In
Monday, August 19, 2024 - 8:31am | 460The Las Vegas Sphere has captured the hearts of music, movie and sports fans since opening in 2023. An analyst has upgraded shares of the company behind the iconic Las Vegas venue, citing the early success of its business model. The Sphere Entertainment Analyst: JPMorgan analyst David Karnovsky...
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Disney Analysts Tackle Theme Park Weakness, Streaming Profits: 'The Upside In The Entertainment Units More Than Offsets The Parks Miss'
Thursday, August 8, 2024 - 11:58am | 734The Walt Disney Company (NYSE:DIS) stock analysts see concerns for the company’s theme park business weighing on financials and offsetting profitability shown for streaming in the third quarter. The Disney Analysts Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating and...
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JPMorgan Slams WWE's Stock With Another Downgrade, Concerned About Network's Future
Tuesday, February 11, 2020 - 1:40pm | 468World Wrestling Entertainment, Inc. (NYSE: WWE) shares traded mostly flat on Tuesday after yet another high-profile Wall Street analyst downgraded the stock after a horrendous start to 2020 for the company. The WWE Analyst JPMorgan analyst David Karnovsky downgraded WWE from Overweight to Neutral...
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WWE's Stock Slammed On Big Q1 Earnings Miss
Thursday, April 25, 2019 - 11:28am | 376World Wrestling Entertainment, Inc. (NYSE: WWE) stock is down more than 9 percent Thursday after the company’s first-quarter earnings report fell short of market expectations. What Happened WWE reported a first-quarter EPS loss of 11 cents on revenue of $182.4 million. Both numbers were well...
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JPMorgan Raises WWE's Price Target, Bullish On 'Smackdown' Future
Tuesday, April 23, 2019 - 1:49pm | 462World Wrestling Entertainment, Inc. (NYSE: WWE) has been red hot in the past year on optimism about the company’s global TV content deals. Despite the stock’s 150-percent gain in the past year, one Wall Street analyst said it’s too early to get off the WWE train. The Analyst...
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JPMorgan Buying New York Times Stock As More Consumers Buy Digital Subscriptions
Monday, April 30, 2018 - 4:52pm | 368New York Times Co (NYSE: NYT) is up nearly 24 percent year-to-date against a relatively flat S&P 500. JPMorgan thinks the outperformer has more room to run. The Rating Analysts Alexia Quadrani, Julia Yue and David Karnovsky upgraded the New York Times to Overweight and increased their price...
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WWE Bringing 'Mixed Match Challenge' Series Exclusively To Facebook Watch
Wednesday, December 13, 2017 - 12:17pm | 518Facebook, Inc. (NASDAQ: FB) is partnering with World Wrestling Entertainment, Inc. (NYSE: WWE) to bring new exclusive streaming content to Facebook Watch. WWE announced Facebook will have exclusive rights to WWE’s new series “Mixed Match Challenge,” a weekly show that will begin...
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WWE Could Be A Big Winner Amid A Fragmenting TV Landscape; Network Has Room For Growth
Wednesday, December 6, 2017 - 4:03pm | 393World Wrestling Entertainment, Inc. (NYSE: WWE) stock is up 58.5 percent in 2017, but one Wall Street analyst isn’t ready to tap out on the rally just yet. The Analyst JPMorgan analyst David Karnovsky initiated coverage of WWE with an Overweight rating and $37 price target. The Thesis...