Company Notes
January 13, 2023
We would like to highlight a potential slowdown in M&E revenue growth as another variable worth watching. The drivers include shrinking room for monetization gains, a deceleration in SmartCast hours growth and spending rationalization at…
January 6, 2023
We think that for the the bull case to play out and WWE to get sold, the TV rights renegotiations will have to be completed first. Their outcome will determine the timing of the announcement…
January 4, 2023
Based on our recent conversation with industry sources we believe that digital advertising trends played out in Q4 generally in line with what the companies in our coverage universe expected when they reported Q3: no…
December 7, 2022
Media & Entertainment (M&E) revenue surprised both to the upside and downside in the last two years. In this note we argue that going forward, this revenue stream is likely to see a normalized rate…