Stock down as much as 8% in early trading Thursday as MoffettNathanson lowers rating
MoffettNathanson warns that as younger viewership shifts to direct-to-consumer streaming services, cable sports could wither
Television advertising bounced back and showed growth in the third quarter, according to analyst Michael Nathanson of MoffettNathanson Research, who called the result a surprising development.
Nathanson predicts 50 million U.S. subs for Disney Plus by 2024, 155 million worldwide
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