2 Media Stocks Set to Beat Estimates This Earnings Season

Media companies’ results this earnings season are likely to reflect consumers’ growing preference for over-the-top (OTT) content consumption. The rise of streaming platforms has resulted in audiences moving away from traditional cable and satellite subscriptions.The decline in ratings for broadcast television and the reduced demand for theatrical content sales pose significant challenges for industry participants. Advertisers' hesitant spending, driven by concerns over inflation and higher interest rates, h ...