Shares of streaming company fuboTV Inc (NYSE: FUBO) are trading sharply higher after beating first-quarter revenue estimates and raising guidance for the full fiscal year.
What Happened: FuboTV reported a record first-quarter revenue of $119.7 million, a 135% year-over-year increase, and beat. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Online Entertainment Market Size Could Exceed $650 Billion By 2027
FinancialNewsMedia.com News Commentary
Share this article
Share this article
PALM BEACH, Fla., May 6, 2021 /PRNewswire/ Online entertainment involves accessing entertainment material, including music, videos, books, and games over internet. Surge in internet penetration and increase in adoption of smart devices such as smartphones, smart TVs, and laptops have boosted the number of netizens who have shifted their preference toward online entertainment. Presently, online social media entertainment has gained major popularity, as people are getting increasingly involved in producing videos, music, and images on various social media platforms such as Instagram, Facebook, Tumblr, LinkedIn, and WhatsApp. Thus, an increase in popularity of social media platforms is expected to boost the growth of the online entertainment market during the forecast period. A report from Allied Market Research projected that the online e
Even if you’re not actively in crypto, you deserve to know what’s actually going on.
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Sponsored
Fubo Sports Network to Premiere Terrell Owens and Matthew Hatchette’s Getcha Popcorn Ready as Vodcast, New Season of No Chill with Gilbert Arenas.
It opened the trading session at $20.18, the shares rose to $20.39 and dropped to $19.51, the range by which the price of stock traded the whole day. The daily chart for FUBO points out that the company has recorded 44.87% gains over the past six months. However, it is still -143.35% lower than its most recent low trading price.
WATERTOWN â The parent company of WWNY-TV 7 News and WNYF-TV Fox 28 is acquiring another group of television stations for $2.7 billion.
Gray Television Inc., Atlanta, announced Monday that it has agreed to acquire all outstanding shares of Meredith Corp., Des Moines, Iowa, for about $14.50 per share, or $2.7 billion total.
Under the deal, Meredithâs National Media Group will be spun out to shareholders as a standalone publicly traded company retaining the Meredith name. At closing, Gray will acquire Meredithâs other operating division, Local Media Group, which consists of 17 TV stations in 12 markets across the country.
Gray, a publicly traded company, acquired the two TV Watertown stations, as well as third station in Minnesota, from United Communications Corp., Kenosha, Wis., in 2019 for $45 million total.
StreamingMedia.com provides this section as a service to its readers and customers.
Press releases are subject to approval by the editorial staff of StreamingMedia.com and may be edited or altered for length and clarity, or to remove unsubstantiated and unverifiable claims.
All content presented within the press release section is that of the submitter. StreamingMedia.com does not necessarily endorse such content and bears no responsibility or liability for its accuracy. fuboTV Announces Launch of Branded Content Studio at 2021 IAB Newfronts Signs Soccer Greats Pablo Zabaleta, Melissa Ortiz to Lead Original Programming for South American Qatar World Cup 2022 Qualifying Matches; Fubo Sports Network to Premiere Terrell Owens and Matthew Hatchette’s Getcha Popcorn Ready as Vodcast, New Season of