Seeking Alpha

All eyes on media industry's Upfront meetings

  • Broadcast network dollar volume ordered at the media industry's Upfront meetings will fall 2% this year, forecasts JP Morgan.
  • Cable network revenue is expected to rise 3%.
  • Last year, Upfront broadcast revenue fell 2.1% to $9.1B and cable revenue rose 5% to $9.8B.
  • Stratification within the cable sector will benefit the top-rated networks, according to buyers.
  • Related stocks: DIS, FOXA, CBS, CMCSA, DISCA, SNI, MSG, AMCX, VIAB, CRWN, TWX, OUTD
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