DirecTV and Disney have reached a deal to end the blackout of Disney’s ESPN and other channels on DirecTV, allowing customers to access college football, the Emmy Awards, and other programming. The deal includes market-based pricing and the ability for DirecTV to offer genre-specific bundles, including Disney’s streaming services. The blackout highlighted the importance of…
The companies in our stock portfolio had a strong quarter, with many reporting good-to-great earnings. Economic growth, a resilient consumer, and increasing business confidence contributed to the positive results. Technology companies led the way, with health care and financials also performing well. While these earnings reports are important, they are not the only factor to…
Here’s a rundown of the latest analyst calls on Wall Street for Wednesday: Goldman Sachs downgraded Morgan Stanley to neutral, citing better value elsewhere in the market. Goldman upgraded Evercore to buy, praising the investment banking firm as “best in class.” Rosenblatt initiated Canaan as a buy, highlighting the bitcoin miner’s position in the market….
DirecTV has filed a complaint against Walt Disney with the FCC, accusing them of unfair negotiation tactics and anticompetitive behavior. They claim Disney is imposing unreasonable demands for their distribution agreement, including bundling and penetration requirements that a court ruled unlawful. DirecTV also says Disney is forcing them to offer less popular programming in a…