Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Amazon.com    AMZN

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Amazon com : NBA's Silver sees win-win in bidding war for Fox

share with twitter share with LinkedIn share with facebook
share via e-mail
07/12/2018 | 04:57am CEST
NBA: Finals-Cleveland Cavaliers at Golden State Warriors

SUN VALLEY, Idaho (Reuters) - NBA Commissioner Adam Silver said he expected the league to benefit from a battle between Comcast Corp and Walt Disney Co. for Twenty-First Century Fox Inc, regardless of which suitor pulls ahead.

"I think whatever happens will be positive for us," the head of the National Basketball Association (NBA) told reporters on Wednesday in Sun Valley, Idaho, where investment bank Allen & Co is hosting an annual get-together for technology, telecommunications and media executives.

Last month, pay-TV provider Comcast attempted to intrude on Disney's agreement to acquire Fox with a $65 billion (49.26 billion pounds) cash bid. Disney has since raised its agreed upon price to around $71 billion in cash and stock.

Silver hinted that in the fight for Fox, he was rooting for Disney, which pays his league richly to carry its games. The NBA struck a more than $20 billion deal with Disney and Turner Broadcasting in 2014 for its games to appear on ABC, ESPN and TNT.

"I am a big (Disney CEO) Bob Iger fan of course. Disney is one of our partners so in a way I'm rooting for them," Silver said.

He added that Comcast CEO Brian Roberts "is a superb executive as well," and that the cable company's regional sports networks carries its basketball games.

Silver said he is also looking forward to working with pay-TV provider AT&T Inc, the new home of its games on Turner, as it integrates the acquisition of Time Warner Inc.

Silver said that interest from technology companies such as Amazon in sports rights is also "positive" and that tech is giving fans a better experience watching media across devices such as smartphones and tablets.

Live sports remains valuable for advertisers because viewers are willing to pay and watch it for long periods in real-time.

While there is increasing competition between broadcasters, technology companies and cable operators for live sports, analysts have said sports rights could face pressure in the future as media firms consolidate and get more pricing power.

Last month, the NBA extended Silver's contract until the 2023-24 season and under his leadership it has become one of the most business savvy sports leagues.

The NBA has found new revenue streams in recent years such as selling advertising on its players' jerseys.

(Reporting by Carl O'Donnell in Sun Valley, Idaho; Editing by Liana B. Baker and Darren Schuettler)

By Carl O'Donnell

Stocks treated in this article : Silver, Amazon.com
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM 0.04% 1813.7 Delayed Quote.55.09%
SILVER 1.15% 15.495 Delayed Quote.-9.45%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on AMAZON.COM
01:36aAMAZON COM : Five Kindle Direct Publishing Authors Win Top Romance Writing Award
07/20Honeywell eyes supplier shift to avoid tariff hit
07/20AMAZON COM : Announces New Fulfillment Center in Spokane
07/20Microsoft shares at all-time high after bumper results
07/20Microsoft shares at all-time high after bumper results
07/20TECH POINT : Blue Origin, Amazon, Tesla, Google, Microsoft, Cryptos
07/20AMAZON COM : Fakes Hit Brands on Amazon -- WSJ
07/20MICROSOFT : Revenue Pushed Up By Cloud -- WSJ
07/20AMAZON PUBLISHING : ’s Abigail Strom, author of Tell Me, Wins Romance Writ..
07/20Microsoft beats Wall Street targets on cloud services revenue
More news
News from SeekingAlpha
08:59aSTOCKS TO WATCH : FANGs Out In Tech 
07/20The 'Making Money While I Sleep' Portfolio - Introduction And July Purchases 
07/20Alibaba Is Good, But This Company Is Even Better - And It's Not Amazon 
07/20DEUTSCHE BANK : Amazon top internet pick with 21% upside 
Financials ($)
Sales 2018 237 B
EBIT 2018 8 334 M
Net income 2018 6 209 M
Finance 2018 14 406 M
Yield 2018 -
P/E ratio 2018 146,91
P/E ratio 2019 93,66
EV / Sales 2018 3,65x
EV / Sales 2019 2,92x
Capitalization 880 B
Duration : Period :
Amazon.com Technical Analysis Chart | AMZN | US0231351067 | 4-Traders
Technical analysis trends AMAZON.COM
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 48
Average target price 1 861 $
Spread / Average Target 2,6%
EPS Revisions
Jeffrey P. Bezos Chairman, President & Chief Executive Officer
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Patricia Q. Stonesifer Independent Director
Tom A. Alberg Independent Director
Thomas O. Ryder Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AMAZON.COM55.09%879 702
START TODAY CO.,LTD.34.62%13 150
WAYFAIR INC57.59%11 188
QURATE RETAIL INC-11.14%10 337
MONOTARO CO.,LTD.50.83%6 058