Federal Communications Commission Approves Foreign Funding For Paramount Warner Brothers Merger Deal
https://www.fcc.gov/document/media-bureau-grants-paramount-global-section-310b4-pdr
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Barclays analyst Kannan Venkateshwar reinstates Warner Bros. Discovery (NASDAQ:WBD) with a Equal-Weight and announces $29 price target.
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https://www.fcc.gov/document/media-bureau-grants-paramount-global-section-310b4-pdr
Apple TV has gone from losing money to being one of the most award-winning streaming services in the sector.
Netflix stock has pulled back over 40% from its June 2025 record high of $133.91 to around $77, facing challenges including slowing revenue growth (expected 11.7% YoY in Q3), market saturation, negative free cash flow, and tough year-over-year comparisons from 2025 hits. However, the analyst views the pullback as a potential buying opportunity, noting Netflix's reasonable valuation at 21x next year's earnings, 300+ million subscribers, and expected 12% revenue and 22% EPS growth through 2028, though future gains likely won't match the past decade's 670% rally.