Spotify CFO Paul Vogel said the company’s decision several weeks ago to cut 6% of its global workforce was a “a real positive” in terms of the company being willing to take a hard look at its operations and “evolve.”
Spotify CFO Paul Vogel said the company’s decision several weeks ago to cut 6% of its global workforce was a “a real positive” in terms of the company being willing to take a hard look at its operations and “evolve.”
Investors eyeing media stocks battered during the coronavirus pandemic from a TV ad recession and cord-cutting should tune into the streaming opportunities of TV networks for potential earnings growth, Morgan Stanley analyst Benjamin Swinburne argued Tuesday.
Morgan Stanley analyst Benjamin Swinburne on Wednesday dropped his price target for shares in The Walt Disney Company after the theme park giant said Disneyland and Walt Disney World will remain closed indefinitely.
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