Here's what Wall Street wants to see from Hollywood this year
Publishing timestamp: 2024-01-10 08:47:40
Summary
The article discusses how legacy media companies are struggling to find a profitable model in the streaming industry. Wall Street is looking for a credible vision of a sustainable business model, but collaboration and regulatory issues make it difficult. The article also mentions the challenges faced by the theatrical industry and the potential for investments in premium screens.
Sentiment: MIXED
Tickers: AAPL, WBD, NFLX, CMCSA, PARA, VZ, AMZN,
Keywords: warner bros discovery inc, verizon communications inc, cable television services, comcast corp, business, netflix inc, entertainment, business news, breaking news: business, apple inc, movies, media, paramount global, amazon.com inc, life, cable television, streaming media technology,
Source: https://www.cnbc.com/2024/01/10/what-wall-street-wants-to-see-from-hollywood-in-2024.html