By Jill Goldsmith
02.04.2020 - 17:13 / hollywoodreporter.com
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
.By Jill Goldsmith
There's no doubt about it, the coronavirus crisis is impacting businesses around the world and the latest to fall victim to it is our beloved Kmart.
LightShed Partners analyst Richard Greenfield has developed a reputation for being bearish on Walt Disney, and his Wednesday report initiating covering of its stock with a "neutral" rating reiterates his position. After all, he used the headline "Disney’s Unique Vulnerability to COVID-19 Should Keep Investors Away." Greenfield highlighted that Disney's stock, which had closed Tuesday above $106, reached an all-time high of $151.58 on Nov.
Two Manchester United players have seen their attributes change in FIFA 20, as EA SPORTS release their latest player database update.
"Artists in this country are under massive pressure."
By Nancy Tartaglione
Country music duo Big & Rich have released a new coronavirus-themed single encouraging everybody to “Stay Home”.
Amid the social, emotional, mental and economic effects that have impacted hundreds of millions of people around the world caused by the coronavirus, Asian people are also dealing with an evergreen threat to minorities in times of crisis: xenophobia.
Giving back. Prince Charles helped to open up a new coronavirus field hospital after his own brush with the infection.
Debt ratings agency S&P Global Ratings on Thursday reduced AMC Entertainment's credit ratings on liquidity concerns should the closure of the mega-exhibitor's theaters amid the COVID-19 crisis continue deep into the summer. The ratings agency said it expected AMC's theaters to remain closed beyond June.
By Jill Goldsmith
By Ted Johnson
Comcast and Fox Corp. have come to terms on a broad carriage agreement covering all of Fox’s cable channels, including Fox News, and its O&O local TV stations.
Crunchie Bars and Dairy Milk have been included in food parcels being sent to the UK's most vulnerable who are staying inside amid the Covid-19 pandemic.
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. Salmon moved his rating on the technology giant's shares from "market perform" to "outperform" after "a historic sell-off" that has seen the stock drop from a 52-week high above $1.530 in February to a 52-week low of $1,008.87 last week.
Welcome to the This Week in Billboard News podcast, where Jordyn Rolling, Billboard News host and producer, and Gary Trust, Billboard senior director of charts, dive into the week's biggest music news stories. This week, Jordyn and Gary delve further into the impact of the coro
Hoda Kotb broke down in tears this morning on Today.