Connyct, an exclusive social media app for college students, emerges amid potential TikTok ban [TechCrunch]
Warner Music Group Corp. - Class A (WMG)
Company Research
Source: TechCrunch
Connyct closely resembles the popular short-form video app, providing all the features you would expect, such as a personalized content feed, private chatting, as well as video creation and editing tools, including the ability to add music, filters, stickers, and more. It also has an event discovery section and community channels to help students stay connected and bond over common interests. Starting today, the new app is available to more college students after initially only offering early access. The launch of Connyct follows a recent unanimous decision by a federal appeals court to uphold a law that might ban TikTok in the U.S. unless it separates from Chinese ownership. Connyct appears to be capitalizing on the possibility of a ban to fuel its growth as younger users seek alternatives. The main draw to the app is that it has gated access, requiring users to register with a student .edu email to join. Each institution has its own private network for students to chat and sh
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News
- Experian Accelerates Identity and Activation Capabilities With Acquisition of Audigent [Yahoo! Finance]Yahoo! Finance
- Warner Music Group Corp. (NASDAQ: WMG) had its "buy" rating re-affirmed by analysts at Guggenheim. They now have a $44.00 price target on the stock.MarketBeat
- Warner Music Group Corp. (NASDAQ: WMG) had its price target raised by analysts at Citigroup Inc. from $31.00 to $34.00. They now have a "neutral" rating on the stock.MarketBeat
- A Look Back at Media Stocks' Q3 Earnings: Warner Music Group (NASDAQ:WMG) Vs The Rest Of The Pack [Yahoo! Finance]Yahoo! Finance
- K-POP SUPERSTAR ROSÉ SIGNS GLOBAL PUBLISHING DEAL WITH WARNER CHAPPELL MUSIC [Yahoo! Finance]Yahoo! Finance
WMG
Earnings
- 11/21/24 - Miss
WMG
Sec Filings
- 12/11/24 - Form 144
- 12/10/24 - Form 144
- 12/9/24 - Form 144
- WMG's page on the SEC website