Ouch. As of Wednesday, Snap Inc.’s shares had sunk to 10% below its initial $17 IPO price, selling at just over $15 per share. The dip followed a Tuesday research note from analysts at Morgan Stanley (one of Snap’s primary IPO underwriters) which downgraded their target price from $18 to $16 per share. Led by […]
The 88th Mid-Summer Classic scored gains over its 2016 counterpart as the Major League Baseball All-Star Game snagged a combined 9.442 million viewers across FOX, FOX Deportes and FOX Sports GO, marking a 7% rise over last year’s combined audience of 8.829 million viewers. The FOX broadcast drew a 5.5/11 in Nielsen fast-nationals. Numbers also […]
Less than a month before the 2017-18 Premier League season, NBC Sports Group unveiled its TV slate for the first two months of the season starting Aug. 11 at 2:45p on NBCSN. The NBCUniversal family of networks will showcase at least five games each week in the season’s first two months with the action opening […]
Activision Blizzard made its first group of founding teams official, announcing yesterday the sale of the first seven Overwatch League teams with franchises set to be based in Boston, New York, Los Angeles, Miami-Orlando, San Francisco, Seoul and Shanghai. New team owners include: Robert Kraft, Chairman and CEO of the Kraft Group and the New […]
Saturday will see Disney dive deep into the world of gaming and esports with the debut of D|XP, a daily summer programming block dedicated to the industry that runs from 9p-3a on Disney XD, showcasing a diverse lineup of games, publishers, events and personalities across the landscape of both entertainment gaming and esports, courtesy of […]
Michael Jackson’s Halloween, a new one-hour animated special with the King of Pop’s music as its soundtrack, will air this fall on CBS. Created and produced by Optimum Productions, the Michael Jackson company owned by his estate, the show will feature the voices of actors Christine Baranski, Kiersey Clemons, Alan Cumming, George Eads, Brad Garrett, […]
Megyn Kelly’s NBC morning show has finally got a launch date: Monday, September 25 at 9a. Unlike the Today lineup before and after it, Kelly’s slot will be taped in front of a live studio audience.
Twitter has named Ned Segal as its new Chief Financial Officer. Segal most recently served as SVP of Finance at Intuit; previously, he’d held various roles at Goldman Sachs for close to 17 years. Segal didn’t come cheap; according to an SEC filing, in addition to a $500,000 annual salary and $300,000 signing bonus, Twitter […]
Starting yesterday, Facebook began showing ads inside its Messenger app. That’s a lot of potential consumers: Facebook says the app now has 1.2 billion monthly active users. The ads will be shown in-between users’ messages.
ESPN’s 2017 edition of the T-Mobile Home Run Derby was a hit with auds, ranking as the most-watched since 2008 and the second-most watched since 1999, according to Fast Nationals from Nielsen. Overall, ESPN generated an average total live audience of 8,689,000 viewers, for a 55% markup over last year when adding in ESPN2’s Spanish-language […]
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