Latest news with #UCIMountainBikeWorldSeries
Business Insider
14-08-2025
- Business
- Business Insider
New Streaming Bundle in Southeast Asia Sends Warner Bros. Discovery Stock (NASDAQ:WBD) Blasting Up
Entertainment giant Warner Bros. Discovery (WBD) had an absolute winner of a day today. The biggest point that gave Warner the advance it did was establishing a new streaming bundle partner in Southeast Asia, which gave Warner access to quite a few new potential customers. The move was tremendous for Warner, and investors responded accordingly. They sent Warner shares up nearly 8% in the closing minutes of Wednesday's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Warner is getting together with Viu, a major streaming service in Southeast Asia that will give Warner access to the Philippines, Indonesia, and Malaysia. This means that Viu's standard streaming packages will also come with HBO Max available, and give Warner potentially a major new influx of customers from three different countries. That should be especially welcome, as recent reports suggested that Warner's latest upfront was essentially tainted by Warner's loss of NBA games. In fact, the reports note that things got so bad that Warner did not reveal advertiser commitments, despite the fact that most of its competitors have already revealed the commitments on their end. While Warner did talk about the upfront in general terms, like '…strong pricing and resilient demand for sports programming, and firm pricing for general entertainment,' points like how 2025 compared to 2024 were noticeably absent. Sound Coverage Meanwhile, on the topic of Warner's sports coverage, reports offered a recent look into, of all things, audio transmission for the UCI Mountain Bike World Series. We know that the deal between Warner and Union Cycliste Internationale has been in play for quite some time—since 2023 at last report—but less well-known is what Warner has done to make for immersive coverage through audio. Reports note that Warner has merged drone footage with audio tracks to provide insight into '…how the bike sounds and how the crowd sounds….' It also increased the total number of microphones on the field to capture sound, and has plans to start incorporating audio directly from the athletes themselves. Is WBD Stock a Good Buy? Turning to Wall Street, analysts have a Moderate Buy consensus rating on WBD stock based on 10 Buys and eight Holds assigned in the past three months, as indicated by the graphic below. After a 61.21% rally in its share price over the past year, the average WBD price target of $13.57 per share implies 12.47% upside potential. Disclosure
Globe and Mail
04-04-2025
- Business
- Globe and Mail
Packed Slate Cannot Stop Warner Bros Discovery Stock (NASDAQ:WBD) Plummet
The news for entertainment giant Warner Bros. Discovery (WBD) really should have been better than it was. At least, better than investors reacted to it. Warner has been ramping up its sports programming with new deals, and the reports out of CinemaCon suggest a whole lot of new movies afoot. But despite all this, Warner got thoroughly shellacked, and investors panicked, sending shares plunging over 11% in Friday afternoon's trading. Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. Warner is getting behind its sports content in a grand fashion these days. First, it inked a new deal with Amazon (AMZN) Web Services, which will see its debut with the 2025 UCI Mountain Bike World Series. The deal brings out a new system called Cycling Central Intelligence, which offers a wide array of new informational tools for cycling commentators. It will, noted the vice president of cycling events at WBD Sports, Chris Ball, effectively set '…new standards for how mountain bike events are brought to life…' For those less concerned about cycling, though, Grant Hill is going to be stepping into an expanded role with the organization. While Hill is currently a lead game analyst—and he will continue to be so—he will also be part of coverage for Big 12 and Big East games as well. Warner will be bringing those games out starting this year, and Grant Hill will be along for that particular ride. Coming Soon, a Better Shot We know that Warner's film slate has not exactly been a ball of fire lately. So much so that the studio is reconsidering just who runs the film sector anyway. But when Warner hit CinemaCon, they had quite a bit to offer that was coming out fairly soon. In fact, Warner put particular focus on properties that were set to hit in the next few weeks. Warner showed off Sinners, coming in a couple weeks, followed by Final Destination: Bloodlines, in May. F1 was set for June, and Warner kept the one-big-movie-a-month train going with Superman this July. Zach Cregger's horror epic Weapons will hit in August, but September will apparently be quiet as Mortal Kombat II hits in October. Warner is likely trying to gin up short-term interest, by focusing on the projects set to have the most impact immediately. That left a lot of big announcements—Jason Momoa as Lobo, or the villain for The Batman Part II— quiet for now. Is WBD Stock a Good Buy? Turning to Wall Street, analysts have a Moderate Buy consensus rating on WBD stock based on 10 Buys and six Holds assigned in the past three months, as indicated by the graphic below. After a 2.04% loss in its share price over the past year, the average WBD price target of $13.33 per share implies 62.96% upside potential. See more WBD analyst ratings Disclosure
