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Tag: TV

  • GrupoTelevisa (TV) stock popped in the recent trading session; find out why

    GrupoTelevisa (TV) stock popped in the recent trading session; find out why

    GrupoTelevisa S.A.B. (TV) stock was rising 21.54% to trade at $12.30 in the current market at the time of writing. TV stock closed the previous session at $10.12. The TV stock volume traded 23.45 million shares, which was higher than the average daily volume of 1.9 million shares within the past 50 days. In the past week, the TV stock had moved up by 5.97%. In the past 12 months rose by 82.34%. Over the past three months, the stock has gained 10.96%, while over the past six months, it has added 39.78%. Further, the company has a current market of $5.79 billion and its outstanding shares stood at 537.00 million.

    The four operational segments of GrupoTelevisa

    GrupoTelevisa, S.A.B. is a media company that operates for the Spanish media and is based in Mexico City, Mexico. Grupo is considered Mexico’s largest broadcaster. TV stock has its operation in four segments.

    Cable segment deals with the operation of multi-system for cable and telecommunication facilities. The business model of this segment is around basic and premium television subscriptions, pay-per-view, ad-revenue generation, internet subscription, installation, and telephonic services.

    Sky segment deals with the satellite broadcasting television services that directly broadcast to home. This service also includes installation, ad-sales, and rental services to subscribers in the Dominican Republic, Central America and Mexico.

    Content segment deals with the production of TV programs and broadcasting certain channels, timed program-based advertisement sales, licensing provision and internet services.

    Other Businesses segment deals with sports and show businesses as well as their promotion. This segment includes specifically soccer, gaming, feature film production and publishing distribution services.

    The recent news about content merging between Univision and Televisa

    On 25th March, GrupoTelevisa mentioned in an announcement that it is considering a merge of contents and is in talks with Univision. Univision is considered in the US as the largest Spanish-language broadcaster. The meetings with both companies are happening in order to discuss going forward with a business combination of specific content assets.

    On 14th April 2021, GrupoTelevisa confirmed that it is combining content with Univision. The aim is to create a new Spanish-language media company that will be a platform for global-scale streaming. The new combined company will be known as Televisa Univision and will operate contents from both prior companies.

    Prior to this news, Televisa mentioned in the statement that it is not discussing any sort of merger with Univision Communications Inc, saying that both companies have partnered in the past years to work together on several projects. One aspect of this partnership is through the distribution of exclusive content by Televisa to Univision including Telenovelaswhich are signature Spanish soap operas.

    Financial details of this merger

    The transaction for the merger of content will be financed partially by a $1 billion Series C preferred investment which will be managed by SoftBank Latin American Fund. ForgeLight, Google and The Raine Group will participate in the financing.

    Televisa Univision will have Televisa as the single largest shareholder and will distribute content asset valued at $4.8 billion to the new company. Univision will pay $3.0 billion in cash while it will provide $750 million in Series B preferred equity and another $750 million in Univision common equity. The annual dividend would be 5.5%.

  • 10 Trending Stocks In Broadcasting Industry You Should Invest In

    10 Trending Stocks In Broadcasting Industry You Should Invest In

    The global broadcasting industry is rapidly changing with the emergence of new technology and new consumer trends. The broadcasting industry is best known for its ability to adapt to and reflect quickly changing consumer tastes. This industry consists of those networks that create content and has acquired the right to broadcast. This industry is embracing and trying to exploit the opportunities new technological advancements will provide.

    There are various trends that will storm the broadcasting industry in the coming few years. These trends include Mobile TV, 5G, Voice interaction, and the merger of social broadcasting with artificial intelligence. The new upcoming changes in the artificial industry will also provide a lot of opportunities for the broadcasting industry.

    Here are the top ten leading companies in the broadcasting industry that need your attention right now:

    Sirius XM Holdings Inc. (NASDAQ: SIRI)

    Sirius XM Holdings Inc. (NASDAQ: SIRI) shares were trading up 5.41% at $5.65 at the time of writing on Thursday. Sirius XM Holdings Inc. (NASDAQ: SIRI) share price went from a low point around $4.11 to briefly over $7.40 in the past 52 weeks, though shares have since pulled back to $5.65. SIRI market cap has remained high, hitting $24.43B at the time of writing, giving it a price-to-sales ratio of more than 3.

    Sirius has earlier revealed that it has decided to share the third quarter 2020 financial and operating results on Thursday, October 22, 2020. If we look at the recent analyst rating SIRI, The Benchmark Company upgraded coverage on SIRI shares with a Buy rating and a $6.84 price target, which implies room for 1.19% upside momentum this year.

    Fox Corporation (NASDAQ: FOXA)

    Fox Corporation (NASDAQ: FOXA) last closed at $28.02, in a 52-week range of $19.81 to $39.74. Analysts have a consensus price target of $28.84. Fox Corporation (FOXA) has earlier revealed that its performance in this summer period from June’20 to Aug’20 is very strong.  Furthermore, the network recorded double-digit increases versus the prior year across all key metrics, including multiplatform unique visitors, multiplatform views, and total multiplatform minutes.

    AMC Networks Inc. (NASDAQ: AMCX)

    AMC Networks Inc. (NASDAQ: AMCX) Shares headed falling, lower as much as -1.82%. The most recent rating by Macquarie, on August 07, 2020, is at an Outperform. AMC Networks Inc. (AMCX) earlier disclosed that on September 16, 2020, it plans to start a ‘modified Dutch auction’ tender offer to purchase up to $250 million in value of its outstanding Class A common stock, par value $0.01 per share, at a price per Class A Share of not less than $22.50 and not greater than $26.50.

    News Corporation (NASDAQ: NWSA)

    News Corporation (NASDAQ: NWSA) rose 1.14% after gaining more than $0.16 on Thursday. News Corporation (NWSA) Chief Executive Robert Thomson has talked about the announcement of Google regarding partnerships with news publishers. If we look at its profitability, it has return on assets, an equity investment of -8.30%, -15.30%, and -17.50%, respectively. News Corporation’s market cap has remained high, hitting $8.29 billion at the time of writing.

    TEGNA Inc. (NYSE: TGNA)

    TEGNA Inc. (NYSE: TGNA) stock drop by -2.38% to $11.47. The most recent rating by Wells Fargo, on August 11, 2020, is at an Overweight. TEGNA Inc. (TGNA) is scheduled to host a conference call to discuss its third quarter 2020 earnings results on Monday, November 9, 2020. TEGNA’s earnings announcement will be released to news outlets and wire services before the market opens on November 9.

    Sinclair Broadcast Group Inc. (NASDAQ: SBGI)

    Sinclair Broadcast Group Inc. (NASDAQ: SBGI) Shares headed falling, lower as much as -3.69%. The most recent rating by The Benchmark Company, on August 06, 2020, is at a Buy. Sinclair Broadcast Group Inc. (SBGI) has earlier announced that the company and several employees have received Cynopsis’ Media Awards. The Cynopsis Awards honor individual talent and companies who push the media industry forward, consistently empowering and inspiring viewers.

    Urban One Inc. (NASDAQ: UONE)

    Urban One Inc. (NASDAQ: UONE) stock drop by -14.66% to $4.89. Urban One Inc. share price went from a low point around $0.95 to briefly over $54.16 in the past 52 weeks, though shares have since pulled back to $4.89. It has moved up 415.50% from its 52-weeks low and moved down -90.97% from its 52-weeks high. UONE market cap has remained high, hitting $7.74 million at the time of writing.

    Grupo Televisa S.A.B. (NYSE: TV)

    Grupo Televisa S.A.B. (NYSE: TV) last closed at $6.36, in a 52-week range of $4.65 to $12.60. Analysts have a consensus price target of $8.28. Grupo Televisa S.A.B ) has moved up 36.77% from its 52-weeks low and moved down -49.54% from its 52-weeks high. This company market capitalization has remained high, hitting $3.64 billion at the time of writing.

    Formula One Group (NASDAQ: FWONK)

    Formula One Group (NASDAQ: FWONK) rose 2.43% after gaining more than $0.88 on Thursday. Formula One Group (FWONK) stock has fluctuated between the 52-weeks low range of $18.31 and a high range of $48.95. has moved up 102.89% from its 52-weeks low and moved down -24.11% from its 52-weeks high. This company market capitalization has remained high, hitting $7.56 billion at the time of writing.

    Urban One Inc. (NASDAQ: UONEK)

    Urban One Inc. (NASDAQ: UONEK) last closed at $1.14, in a 52-week range of $0.56 to $6.84. Urban One Inc. (UONEK) has moved up 102.85% from its 52-weeks low and moved down -83.33% from its 52-weeks high. This company market capitalization has remained high, hitting $34.13 million at the time of writing.

     

  • Top 12 Trending Stocks In Broadcasting Industry That Need Your Attention

    Top 12 Trending Stocks In Broadcasting Industry That Need Your Attention

    Technology advancements will definitely continue this year in a host of industries and it seems like the broadcasting industry is one of them. This technology will accept and utilize those opportunities that these technologies will provide. The world is dynamic and so is the technology. It has brought various changes in almost every industry.

    The broadcasting industry is best known for its ability to adapt to and reflect quickly changing customer tastes. The trend which has gained attention in this industry is the merger of social broadcasting with Artificial Intelligence. If AI continues to grow, the two-way communication will hold a lot of promises for the broadcasting industry.

    Let’s take a quick look at the top best-performing companies in the broadcasting industry and see how they adopt new trends:

    Sirius XM Holdings Inc. (NASDAQ: SIRI)

    Sirius XM Holdings Inc. (NASDAQ: SIRI) shares were trading down -2.14% at $5.02 at the time of writing on Wednesday. Sirius XM Holdings Inc. (NASDAQ: SIRI) share price went from a low point around $4.11 to briefly over $7.40 in the past 52 weeks, though shares have since pulled back to $5.02. SIRI market cap has remained high, hitting $22.42B at the time of writing, giving it a price-to-sales ratio of more than 2.

    SiriusXM and The National Football League (NFL) have expanded their satellite broadcasting agreement to include additional streaming rights starting this 2020 season. If we look at the recent analyst rating SIRI, The Benchmark Company upgraded coverage on SIRI shares with a Buy rating and a $6.84 price target, which implies room for 1.82% upside momentum this year.

    AMC Networks Inc. (NASDAQ: AMCX)

    AMC Networks Inc. (NASDAQ: AMCX) shares headed falling, lower as much as -2.82%. The most recent rating by Macquarie, on August 07, 2020, is at an Outperform. AMC Networks Inc. (AMCX) revealed that it has decided to start a ‘modified Dutch auction’ tender offer to purchase up to $250 million in value of its outstanding Class A common stock, par value $0.01 per share, at a price per Class A share of not less than $22.50 and not greater than $26.50. This company market capitalization has remained high, hitting $1.25 billion at the time of writing.

    Entercom Communications Corp. (NYSE: ETM)

    Entercom Communications Corp. (NYSE: ETM) last closed at $1.38, in a 52-week range of $0.75 to $5.22. Analysts have a consensus price target of $1.80. Entercom Communications Corp. (ETM) will broadcast the fourth annual “I’m Listening,” a live national program that brings together artists, athletes, and medical specialists to raise awareness and end the stigma of talking about mental health. This company market capitalization has remained high, hitting $187.83 million at the time of writing.

    Fox Corporation (NASDAQ: FOX)

    Fox Corporation (NASDAQ: FOX) stock drop by -3.60% to $25.98. Fox Corporation (FOX) FOX News Digital has experienced record-breaking engagement across all key performance indicators from Jun’20 to Aug’20. The digital network also completed the month with its strongest performance of any August on record and led the news competition in multiplatform minutes for the month.

    TEGNA Inc. (NYSE: TGNA)

    TEGNA Inc. (NYSE: TGNA) fall -1.79% after losing more than -$0.21 on Wednesday. TEGNA Inc. (TGNA) revealed today that its people and stations have received seven Broadcasting+Cable Awards, which recognize the local television industry’s most powerful, innovative, and engaging content and programming in news, public affairs, and community relations. This company’s market capitalization has remained high, hitting $2.52 billion at the time of writing.

    Sinclair Broadcast Group Inc. (NASDAQ: SBGI)

    Sinclair Broadcast Group Inc. (NASDAQ: SBGI) last closed at $19.35, in a 52-week range of $10.57 to $44.15. Analysts have a consensus price target of $23.81. Sinclair Broadcast Group Inc. (SBGI) honored President and Chief Executive Officer Christopher Ripley for being awarded The Daily Record’s Most Admired CEO Award. He has been recognized for his leadership and strong vision.

    News Corporation (NASDAQ: NWSA)

    News Corporation (NASDAQ: NWSA) stock drop by -3.39% to $14.24. The most recent rating by JP Morgan, on July 22, 2020, is at a Neutral. News Corporation (NWSA) share price went from a low point around $7.90 to briefly over $15.90 in the past 52 weeks. News Corporation’s market cap has remained high, hitting $8.14 billion at the time of writing.

    Grupo Televisa S.A.B. (NYSE: TV)

    Grupo Televisa S.A.B. (NYSE: TV) fall -1.12% after losing more than -$0.07 on Wednesday. Grupo Televisa S.A.B. (TV) stocks fluctuated between the 52-weeks low range of $4.65 and a 52-weeks high range of $12.60. It has moved up 34.52% from its 52-weeks low and moved down -50.38% from its 52-weeks high. If we look at its liquidity, it has a current ratio of $3.60 billion at the time of writing.

    Urban One Inc. (NASDAQ: UONE)

    Urban One Inc. (NASDAQ: UONE) stock soar by 9.52% to $4.14. Urban One Inc. (UONE) share price went from a low point around $0.95 to briefly over $54.16 in the past 52 weeks. It has moved up 306.92% from its 52-weeks low and moved down -92.87% from its 52-weeks high. Urban One Inc.’s market cap has remained high, hitting $6.55 million at the time of writing.

    Urban One Inc. (NASDAQ: UONEK)

    Urban One Inc. (NASDAQ: UONEK) Shares headed rising, higher as much as 1.56%. Urban One Inc. (UONEK) stocks fluctuated between the 52-weeks low range of $0.56 and a 52-weeks high range of $6.84. It has moved up 51.48% from its 52-weeks low and moved down -87.55% from its 52-weeks high. If we look at its liquidity, it has a current ratio of $1.70 billion at the time of writing.

    Fox Corporation (NASDAQ: FOXA)

    Fox Corporation (NASDAQ: FOXA) last closed at $25.91, in a 52-week range of $19.81 to $39.74. Analysts have a consensus price target of $28.84. This company’s market capitalization has remained high, hitting $16.08 billion at the time of writing.

    The Liberty SiriusXM Group (NASDAQ: LSXMK)

    The Liberty SiriusXM Group (NASDAQ: LSXMK) shares headed falling, lower as much as -2.32%. The most recent rating by Morgan Stanley, on March 15, 2019, is at an Overweight. The Liberty SiriusXM Group (LSXMK) market capitalization has remained high, hitting 7.44 billion at the time of writing.