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Hollywood stocks from Walt Disney and Fox to Warner Bros. Discovery had a mixed 2023, while shares of Netflix, Spotify and Lionsgate rose sharply.
Challenges like cord cutting, a tough ad environment, and more pressure to turn profits may prompt companies to reevaluate their portfolios.
Challenges like cord cutting, a tough ad environment, and more pressure to turn profits may prompt companies to reevaluate their portfolios.
Disney’s strong quarterly results ease pressure on the company to take more drastic measures to improve its bottom line, such as fully offloading ESPN, according to analysts.
The new week kicked off with a downgrade to the world's largest lithium producer and an upgrade to one of the best-known car brands in the world.