BroadLight Capital, the investment firm founded by entertainment attorney Kevin Yorn, talent manager Rick Yorn and investment banker David Dorfman is launching a $225 million debut fund targeting growth stage consumer and tech companies.
BroadLight Capital, the investment firm founded by entertainment attorney Kevin Yorn, talent manager Rick Yorn and investment banker David Dorfman is launching a $225 million debut fund targeting growth stage consumer and tech companies.
Dade Hayes Finance EditorThe video game sector is seeing double-digit growth during COVID-19 and is poised for another shot in the arm by year’s end when Microsoft and Sony launch new consoles, according to industry reports by two Wall Street media analysts.The strong performance of gaming at a moment when so many other segments of media are reeling, combined with major tech firms booming in 2020, could be setting the stage for major consolidation, they note.Tim Nollen of Macquarie Capital wrote
Macquarie Capital analyst Tim Nollen has upgraded his rating on the stock of Fox Corp. to "neutral" and boosted his price target by $9 to $31, citing improving advertising trends that led him to increase his financial estimates, among other things.
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