Alphabet Analyst Upgrades Stock, Says Virus Crisis Could Boost Subscription Services

As Americans ordered to self-quarantine increasingly go online for TV fixes, MoffettNathanson analyst Michael Nathanson on Friday touted Netflix as the leader in Hollywood's streaming wars over peers Amazon Prime, YouTube, Hulu and Disney+. "The world is trapped indoors, live sports on TV is non-existent, theaters are closed, unemployment is spiking to terrible levels, and new content is impossible to produce.

I grew up going to farmer's markets on weekends with my grandparents, and during summer holidays in the south of Italy where my mom is from, an old grocery truck would drive by our house once a week to sell us fresh fruit and vegetables.

The WWE says that it is taking significant steps to reduce costs amid the coronavirus pandemic. While the company resumed its live wrestling matches this week on USA and Fox, like most media companies it is expecting the pandemic to impact its financial outlook.

Pay TV giant Dish Network has decided to cut an undisclosed amount of jobs and evaluate its business strategy amid the novel coronavirus pandemic. The company had 16,000 employees as of the end of 2019 and didn't say how many of them were affected by the job cuts.

Amid an unprecedented crisis, Bob Iger's hopes of finally stepping away from the Walt Disney Co. were all but totally dashed.

Australian pay TV giant leader Foxtel, which is majority-owned by Rupert Murdoch's News Corp, has laid off 200 employees and put 140 additional staffers on leave until June amid the new coronavirus pandemic. The company's sports unit, which has been lacking fresh content amid the novel coronavirus' spread that has led to sports events being postponed or canceled, was hardest hit.

China's television networks and streaming platforms benefited from an explosion of viewers after the world's most populous nation began practicing social distancing in late January to contain the new coronavirus, says a new report published Thursday by Beijing-based ticketing company Maoyan. The surging television and streaming consumption came amid reduced filmgoing, according to Maoyan.

U.K. broadcaster Channel 4 has unveiled a raft of budget-cutting measures to deal with the ongoing coronavirus pandemic.

I used to think of and as "that thing" to try once with a coupon—but signing up for the best subscription boxes for women feels like the safest, most reliable thing to do right now. And I'm not alone in thinking this way.

A butcher says his business will survive the pandemic despite losing 60 percent of his trade.

WarnerMedia owner AT&T on Tuesday said it has struck a deal for a $5.5 billion loan, boosting its liquidity amid the coronavirus crisis. It also said it expects to be "sizing our operations to economic activity," a sign of possible layoffs or reduced investment amid the crisis.

Amid the coronavirus pandemic, a few laughs could do the world good — and comedians including Adam Sandler, Howie Mandel, Whitney Cummings and more are offering just that during the Laugh Aid live stream. The six-hour charity event on Saturday focused on gathering donations for Comedy Gives Back's COVID-19 Emergency Relief Fund, which aims to assist comedians struggling during the virus crisis.

In a rare address to the nation, Queen Elizabeth II plans to exhort Britons to rise to the challenge of the coronavirus pandemic, drawing on wisdom from her decades as Britain's head of state to urge discipline and resolve in a time of crisis.

Guggenheim Securities analyst Michael Morris on Thursday upgraded his rating on Fox Corp.'s stock from "neutral" to "buy" and downgraded Walt Disney from "buy" to "neutral" in a report that updated his financial forecasts for entertainment industry companies "to better reflect the impact of COVID-19 behavioral changes on revenue drivers and additional diligence on key cost considerations." He highlighted that Fox's primary immediate risk was from advertising exposure, estimating that about 43

BMO Capital Markets analyst Daniel Salmon on Monday upgraded his stock rating on Google parent company Alphabet, arguing that more consumers would amid the coronavirus crisis look at paying for its subscription services, such as YouTube Premium.

We're in the middle of a deeply strange and challenging time, but wine subscription services make minding our business and at least mildly easier to endure. Protecting high-risk friends, family, and neighbors from coronavirus with is important, and consistent wine delivery will almost certainly make Zoom hangs with your crew more entertaining.