tl;dr
Amazon (NASDAQ:AMZN) and Google's (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube are vying for a new streaming package from the National Basketball Association, the Wall Street Journal reported, citing people familiar with the discussions. Discussions are ongoing for the NBA's next round of media packages, wh...
Amazon (NASDAQ:AMZN) and Google's (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube are vying for a new streaming package from the National Basketball Association, the Wall Street Journal reported, citing people familiar with the discussions. Discussions are ongoing for the NBA's next round of media packages, which will be effective after the 2024-2025 season. Announcing all the deals could take several weeks, and competition is heating up. Amazon's (AMZN) Prime Video is reportedly viewed by NBA and media executives as the front-runner, although YouTube is still in the mix. Meanwhile, Comcast's (CMCSA) NBCUniversal has set its sights on a major TV deal currently held by Disney's (DIS) ESPN and Warner Bros. Discovery's (WBD) TNT. Disney (DIS), which pays about $1.6B a year for TV rights, and Warner (WBD), which pays around $1.2B a year, carry around 165 games combined under their current deal. For the new pact, both companies have pitched paying much more while airing fewer games. An exclusive negotiating window for Disney (DIS) and Warner (WBD) to renew their contracts has expired, allowing NBA to negotiate with other suitors. NBCUniversal is in talks with NBA to air regular-season and playoff games on NBC and its streaming platform Peacock. It is also seeking rights for NBC to share the NBA Finals with Disney's (DIS) ABC, according to the report.
More about Amazon.com Inc
Amazon.com Inc Summary Amazon.com Inc Summary
Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Sector: TRADE & SERVICES
Industry: RETAIL-CATALOG & MAIL-ORDER HOUSES
Market Cap: $1.837 trillion
Current Price: $3,701.27
Dividend Yield: 0.60%
Price/Earnings Ratio: 2.90
52-Week Low: $3,701.27
52-Week High: $3,701.27
Price/Book Ratio: 0.0529
Shares Outstanding: 574,784,995
EPS: $211.65
Beta: 50.69
Volatility: 0.139
More about Alphabet Inc Class C
Alphabet Inc Class C Summary Alphabet Inc Class C Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Key Information:
Sector: Technology
Services: Computer Programming, Data Processing, etc.
Market Cap: $1.99 trillion
Dividend Yield: 0.56%
Price to Earnings (P/E) Ratio: 27.78
EPS: $24.34
Beta: 0.24
Volume: 307,393,987
Market Cap (Intraday): $1.65 trillion
Forward Annual Dividend Rate: $5.80
Forward Annual Dividend Yield: 0.135%
More about Comcast Corp
Comcast Corporation is an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the second-largest broadcasting and cable television company in the world by revenue (behind AT&T), the largest pay-TV company, the largest cable TV company, and the largest home Internet service provider in the United States. Additionally, it is the nation's third-largest home telephone service provider. Comcast provides services to U.S. residential and commercial customers in 40 states and in the District of Columbia. As the parent company of the international media company NBCUniversal since 2011, Comcast is a producer of feature films and television programs intended for theatrical exhibition and over-the-air and cable television broadcast, respectively.
Sector: Technology, Cable & Other Pay Television Services
Market Cap: 159.71 billion
Price: 10.84
Change: 1.16
Change (%): 3.71
Volume: 29.49
Dividend Yield: 0.127
Revenue: 121.57 billion
EPS: 50.14
P/E Ratio: 0.144
Forward P/E (1y): 0.023
More about Walt Disney Company
Walt Disney Company Stock Analysis Summary
Company: The Walt Disney Company
Description: American diversified multinational mass media and entertainment conglomerate
Sector: Trade & Services
Industry: Services-Miscellaneous Amusement & Recreation
Market Cap: 208.96 billion
Current Price: $69.89
Price Change: 0.3 ( 1.63%)
52-Week Range: $48.6 - $124.87
PE Ratio: 0.0336
Volume: 88,934,998
EPS: $0.486
Dividend Yield: 0.002
More about Warner Bros Discovery Inc
Warner Bros Discovery Inc Analysis Warner Bros Discovery Inc - Technical Analysis Summary
Warner Bros Discovery Inc is headquartered in New York, New York. It operates in the Technology and Cable & Other Pay Television Services sectors.
Market Cap: $20.53B
Revenue: $41.32B
PE Ratio: -1.28
EPS: $16.96
Profit Margin: -0.0757
EBITDA: $41.32B
Dividend Yield: 13.33%
Beta: 2.267
Volatility: -0.066
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