ViacomCBS, Fox Corp. And Discovery See Improving Advertising Business

Three major TV network companies -- ViacomCBS, Fox Corp. and Discovery -- will see slightly improving advertising business over the next few months. Results are from MoffettNathanson Research insights, from a recent Credit Suisse media investor event.  In its analysis of remarks from company executives at the event, the research group says: “On a national TV basis, updated commentary from Discovery, Fox and ViacomCBS points to a rebound off the lows in the market in April with May seeing nice improvements and June so far seeing similar trends. ”The research group now expects a 14% decline in 2020 advertising revenues -- the total of U. S.

Read more at:

What do you think?

50 points
Upvote Downvote

Written by Media Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Services Like Instacart Created As A Result Of Pandemic Are Here To Stay

Guinness reverses decision to strip Billy Mitchell’s Pac-Man and Donkey Kong records