Where will fuboTV stock be in 5 years?
Superficially, streaming TV equipment fuboTV (NYSE:FUBO) looks like a winner. Traditional cable TV is expensive, but streaming the same programs over a broadband connection is a cheaper alternative. Each of Fubo’s pricing plans also offers access to more sports channels…
Foxtel TV boss Patrick Delaney apologises for Adolf Hitler’s Nazi salute
The head of an Australian cable television company has apologised after a picture of him appeared on the Internet giving the Nazi salute and imitating Adolf Hitler. Patrick Delaney, CEO of Foxtel, a majority-owned television operator by News Corp, said…
Cable TV networks have lost nearly $15 billion in value this year due to cord cuts
Cable television has been hit hard by cable cancellations this year, with Paramount and Warner Bros. Discovery reportedly writing down the value of their cable television networks by nearly $15 billion. In a sobering second-quarter earnings report released yesterday, Warner…
Warner Bros. Discovery writes down the value of its TV assets by $9 billion
Warner Bros. Discovery announced on Wednesday that it had written down the value of its TV assets due to uncertainty about cable and satellite distribution fees and the renewal of sports rights. The company’s shares subsequently lost almost 10 percent…
