Stock Market

UBS sees challenging backdrop for media & entertainment sector in H2 (NASDAQ:NFLX)

Netflix, Amazon Prime Video, Paramount+, Disney+, HBO Max and Hulu app icon on screen

Robert Way/iStock Editorial via Getty Images

UBS on Monday said it continued to see a challenging backdrop for the media and entertainment sector in H2 2023, citing “sustained pressures” on television, minimal direct-to-consumer (DTC) subscriber growth and the impact of sport rights inflation.

Sector leaders Netflix (improvingseeing

Source link