3 Media Stocks Worth Buying From a Prospering Industry [Yahoo! Finance]
Edgio, Inc. (EGIO)
Company Research
Source: Yahoo! Finance
Major players like Madison Square Garden Entertainment MSGE, Sinclair SBGI and Reservoir Media RSVR are aggressively investing in developing original music, shows and fresh content to captivate and retain Gen Z and millennial subscribers. Moreover, the industry's prospects are bolstered by the availability of cost-effective alternative packages, such as skinny bundles, designed to entice consumers with lower prices compared to traditional offerings. Conversely, the industry is grappling with waning broadcast television ratings and diminishing demand for home entertainment sales of theatrical content. Furthermore, advertisers' tepid spending amid rampant inflation and elevated interest rates poses a formidable concern for industry players. Industry Description The Zacks Media Conglomerates industry encompasses companies engaged in creating and distributing various content forms, from entertainment to educational materials. These firms also offer travel and consumer products. The in
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EGIO
News
- Apollo-Backed Software Maker Edgio Seeks Bankruptcy Protection [BNN Bloomberg (Canada)]BNN Bloomberg
- Edgio launches strategic financial restructuring to facilitate sale and strengthen operations [Seeking Alpha]Seeking Alpha
- Apollo-Backed Software Maker Edgio Seeks Bankruptcy Protection [Yahoo! Finance]Yahoo! Finance
- Edgio, Inc. Launches Strategic Financial Restructuring to Facilitate Sale and Strengthen Operations [Yahoo! Finance]Yahoo! Finance
- Edgio, Inc. Launches Strategic Financial Restructuring to Facilitate Sale and Strengthen OperationsBusiness Wire
EGIO
Sec Filings
- 9/13/24 - Form 4
- 9/13/24 - Form 8-K
- 9/9/24 - Form 8-K
- EGIO's page on the SEC website