Weekly Media clarification: Sony And Viacom Ink A Deal in favor of net Based Television Service
Carry on week proverb a development in the sphere of the television industry with Sony poignant a step closer to Web-based television. The company signed an agreement with media farmhouse Viacom to convey 22 channels. While the economic details of the deal were not disclosed, it is a step in the sphere of the real direction in favor of Viacom, the same as it would offer one more help yourself to of revenues in favor of the content it creates. On with the aim of hint, we discuss lower than a little basis developments around this story.
Viacom and Sony maintain reached an agreement to offer streaming of Viacom’s indoctrination on Internet based television. Sony is working on a bundle with other than 100 channels with the aim of it diplomacy to offer on its gaming consoles and Internet connected television sets. Viacom is to your house to a little standard networks such the same as Nickelodeon and MTV with the aim of strength of character be present to be had on Sony’s television service.
Sony is not on your own to offer Internet based television. Dish exchange ideas diplomacy to roll dazed the fresh television service this time and has already inked a deal with Disney. Singly, it has been learned with the aim of Disney and Twenty at the outset Century hoodwink are in addition in the sphere of discussions to supply Sony with their content. It would be present sensible to execute so, the same as it strength of character not lone enlarge the revenues in favor of these media giants but in addition provide bigger audience in favor of their content, the same as these services target younger audience and the cord-cutters.
We estimate revenues of around $14.41 billion in favor of Viacom in the sphere of 2014 and EPS of $5.71. We continue a $92 fee estimate in favor of Viacom’s shares, which is around 15% beyond the current marketplace fee.