CFRA research director of equity research Ken Leon joins Catalysts to discuss the state of the streaming industry and some of the challenges traditional...
"Advertisers follow where viewership is growing, which is the continued pivot from legacy networks," Leon says. He notes that advertising is increasingly digital, making it"very agile in terms of turning it on and turning it off." Therefore, traditional media giant s are now competing against platforms like Google's stake in Hulu, Leon explains that CEO Bob Iger is"looking at streaming besides sports and saying we need general entertainment.
I'm curious just your reaction to that and how big of an overhang is that going to be an overhang year for the stock moving forward? Out of the Box Counseling, Coaching, and Consulting Announces New Book Release by Its Founder Dr. Olivia West
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