에 대한 최신 뉴스 Fox (NASDAQ:FOXA) 주식

Fox operates in two segments: cable networks and television. Cable networks primarily includes Fox News, Fox Business, and several pay-TV sports stations. Television primarily includes the Fox broadcast network, 29 owned and operated local television stations, of which 18 are affiliated with the Fox network, and streaming platform Tubi, which is not subscription-based and is completely ad-supported. Fox effectively sold most of its entertainment assets to Disney in 2019, so it no longer creates entertainment content and relies heavily on live news and sports, with nearly all tied to the pay-TV bundle. The Murdoch family controls Fox.

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무소속 대선 후보 로버트 F. 케네디가 제3자 후보로는 보기 드문 두 자릿수 투표를 받고 있지만, 11월에 열릴 대선에서 조 바이든 대통령 및 도널드 트럼프 전 대통령과 경쟁하려면 아직 해야 할 일이 많다. 화요일 일론 머스크의 X에 게시된 한 게시물에서 케네디는 현재 토론 일정에서 벗어나 이 플랫폼에서 대통령 토론을 제안했다.

RFK 주니어, 일론 머스크에게 X에서 대선 후보 토론 주최를 요청, 머스크는 1단어로 응답

Fox Corp

FOX CL A ORD

Colin Cowherd, the <a href="https://www.benzinga.com/sports">sports </a>commentator known for his elaborate analogies, dropped a new one on his listeners earlier this week: the Detroit Lions are like your relative that won't <a href="https://www.benzinga.com/crypto">stop talking about cryptocurrency</a>. 
Here's how Cowherd arrived at this take.
Cowherd, on his show The Herd, explained that Lions head coach Dan Campbell has turned the team around by being a "rah-rah" guy. Now it's time for him to transition into being a "situationally elite guy.&#8221; 
Now that the Lions are winning, Campbell may need to adjust his coaching style, Cowheard added. 
"You're like the family member that finally got their act together," Cowherd said. "Everybody's happy for him, but you still wouldn't trust him taking your kids to Disneyland. That&#8217;s what the Lions have become. Hey, congratulations, you're not vaping anymore. But I would appreciate it if everytime you come over you don't go into a 30-minute lecture on crypto."
See below.
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When Campbell took over as head coach of the Lions in 2021, he quickly became one of the most aggressive coaches in the league. When the Lions started 0-10-1 in Campbell's first season, he didn't have much to lose. Fake punts and going for it on fourth down became the norm in Detroit. But, since the team's turnaround, the Lions find themselves in unfamiliar territory. They&#8217;re the favorites in nearly every one of their games. "Detroit's in this transition stage like Dan Campbell created a tough culture and deserves respect," Cowherd said. "But he has to transition from rah-rah guy to situationally elite guy like an [Kansas City Chiefs&#8217;] Andy Reid."
Campbell's aggressive play calls were in focus last season when the Lions lost in the NFC Championship game against the San Francisco 49ers. At the end of the first half, Campbell elected to kick a field goal from San Fran's 3-yard line to go up 24-7. The conservative call to take the points seemed rare for Campbell. But, in the second half, Campbell went for it twice on fourth down, failing to convert each time. The Lions ultimately fell to the 49ers by 3 points. 
Cowherd finished the clip saying that he's rooting for the Lions, but doesn't trust them.
Cowherd left Walt Disney Co&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) ESPN in 2015 to join Fox Corp&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NYSE">FOXA</a>) Fox Sports.
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Image: Shutterstock

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General

Detroit Lions Are Like Your Relative That Won't Stop Talking About Crypto: Colin Cowherd

The highly anticipated vice-presidential debate between J.D. Vance and Tim Walz was watched by 43.2 million as one of the key television events ahead of the <a href="https://www.benzinga.com/topic/2024-election">2024 presidential election.</a>
Here's a look at how the viewership compares to other debates and which media networks had the highest figures.
What Happened: Tuesday night's<a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41107455/walz-vs-vance-vp-debate-betting-odds-what-candidate-is-favored-plus-how-to-watch-likely-to"> vice-presidential debate </a>could be the final debate for the presidential and vice-presidential candidates, with just over a month until voting day.
Hosted by Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) owned CBS News, the debate was 90 minutes with several commercial breaks.
According <a href="https://www.hollywoodreporter.com/tv/tv-news/vance-walz-vp-debate-tv-ratings-1236022692/">to </a>The Hollywood Reporter, 43.15 million people watched the vice-presidential debate across 15 networks.
Tuesday's viewership was down 25.2% from the total of 57.92 million for the 2020 vice presidential debate, which featured Mike Pence and Kamala Harris.
The official viewership figure could be bad news for those who bet on the total on prediction market Polymarket. The odds for 40 million to 45 million viewers stood at 14%, while the odds for under 40 million were 18%. When combined, this gave a 32% chance that the debate would draw 45 million or fewer viewers, making it a less likely outcome compared to higher estimates like 60 million and above.
On Polymarket, users can deposit funds using USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) via the Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/matic/usd">MATIC</a>) network, or directly from a crypto account with Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>). In each betting market, the winning option pays out at $1.
The last 11 vice-presidential debates (1976 through 2020) have averaged around 46.5 million viewers, with no debate taking place in 1980. This year's vice-presidential debate ranked below the historical average.
The 2008 vice-presidential debate between Joe Biden and Sarah Palin was the most watched, with 69.9 million viewers. The 1996 vice-presidential debate between Al Gore and Jack Kemp saw a low of 26.6 million viewers.
Two presidential debates have taken place in 2024 with a <a href="https://www.benzinga.com/general/politics/24/06/39563409/heres-how-many-people-watched-the-2024-presidential-debate-and-how-fox-beat-cnn-at-its-own-game">June debate between</a> Biden and Donald Trump having 51.3 million viewers and a September debate between Harris and Trump <a href="https://www.benzinga.com/general/entertainment/24/09/40840076/trump-vs-harris-presidential-debate-viewership-tops-trump-biden-total-but-falls-short-of-re">having 67.1 million viewers.</a>
The 2024 viewership failed to reach the same levels as the 73.1 million viewers who tuned in for the only 2020 presidential debate between Biden and Trump.
The first debate between Hillary Clinton and Trump in 2016 set a record with 84 million viewers. Two additional debates saw 66.5 million and 71.6 million viewers, respectively, ranking among the most-watched presidential debates ever.
Did You Know?
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent100324">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Media Winners: The report said the majority of the 43.15 million viewers came from the Big Four broadcast networks and the three largest cable news outlets.
Around 90% of the viewers were split between FOX, CBS, ABC, NBC, CNN, Fox News and MSNBC.
While CBS was the host of the debate, they allowed simulcasting of the event.
Here's a look at some of the viewership figures by network:
<ul>
<li>CBS: 9.57 million viewers</li>
<li>Fox News, owned by Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>): 7.93 million viewers</li>
<li>ABC, owned by The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>): 6.35 million viewers</li>
<li>NBC, owned by Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>): 5.67 million viewers</li>
<li>MSNBC, owned by Comcast: 4.88 million viewers</li>
<li>CNN, owned by Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>): 3.37 million viewers</li>
<li>Fox, owned by Fox: 2.48 million viewers</li>
<li>Fox Business, owned by Fox: 276,000 viewers</li>
</ul>
The rest of the viewership was split between various media outlets, according to the report.
CBS was the likely winner of the debate as the host and with the highest viewership. With the commercial breaks, the media network was likely able to charge a premium for advertising space.
The media network could also benefit from an upcoming "60 Minutes"<a href="https://www.benzinga.com/general/entertainment/24/09/41011819/trump-harris-could-appear-in-back-to-back-60-minutes-interviews-could-paramount-stock-be-a-"> election special airing </a>Monday Oct. 7 at 8 p.m. ET. The special will feature an interview with Harris, with <a href="https://www.benzinga.com/news/24/10/41133540/trump-backs-out-of-planned-60-minutes-interview-ex-presidents-campaign-says-cbs-asked-for-unpreceden">Trump backing out</a> of an appearance on the episode.
Fox could also be a winner, as it has not hosted any of its own debates, but its viewership figures for the simulcast broadcasts on Fox News and the Fox broadcast channel have performed well.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/10/41151403/walz-vs-vance-who-won-vp-debate-and-could-the-outcome-shift-2024-election-for-harris-or-trump">Walz vs. Vance: Who Won VP Debate, And Could The Outcome Shift 2024 Election For Harris Or Trump?</a></li>
</ul>
Photo: Shutterstock

Entertainment

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Vance Vs. Walz: Here's How Many People Watched VP Debate

The 2024 National Football League season enters Week 4 with five of the 32 teams holding a perfect 3-0 record, including the Kansas City Chiefs, hoping to become the first NFL team to win <a href="https://www.benzinga.com/general/sports-betting/24/07/39752864/bettors-favor-kansas-city-chiefs-for-super-bowl-three-peat-heres-a-look-at-how-states-are-">three straight Super Bowls.</a>
Here's a look at the weekly betting odds, trends to watch and the media companies benefiting from strong viewership.
Week 4 Betting Odds: Week 4 features 16 <a href="https://www.benzinga.com/topic/nfl">NFL games </a>across Thursday, Sunday and Monday before bye weeks kick in that will see fewer weekly games.
Here are the week 4 matchups and the betting odds from sportsbook DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) with the team's records in parentheses.
<ul>
<li>Dallas Cowboys (1-2) -5 at New York Giants (1-2)</li>
<li>New Orleans Saints (2-1) at Atlanta Falcons (1-2) -2.5</li>
<li>Cincinnati Bengals (0-3) -4.5 at Carolina Panthers (1-2)</li>
<li>Los Angeles Rams (1-2) at Chicago Bears (1-2) -3</li>
<li>Minnesota Vikings (3-0) at Green Bay Packers (2-1) -3</li>
<li>Jacksonville Jaguars (0-3) at Houston Texans (2-1) -6.5</li>
<li>Pittsburgh Steelers (3-0) -1.5 at Indianapolis Colts (1-2)</li>
<li>Denver Broncos (1-2) at New York Jets (2-1) -7.5</li>
<li>Philadelphia Eagles (2-1) -1.5 at Tampa Bay Buccaneers (2-1)</li>
<li>Washington Commanders (2-1) at Arizona Cardinals (1-2) -3.5</li>
<li>New England Patriots (1-2) at San Francisco 49ers (1-2) -10.5</li>
<li>Kansas City Chiefs (3-0) -7 at Los Angeles Chargers (2-1)</li>
<li>Cleveland Browns (1-2) at Las Vegas Raiders (1-2) -2</li>
<li>Buffalo Bills (3-0) at Baltimore Ravens (1-2) -2.5</li>
<li>Tennessee Titans (0-3) at Miami Dolphins (1-2) -1</li>
<li>Seattle Seahawks (3-0) at Detroit Lions (2-1) -3.5</li>
</ul>
A quick look at the betting odds shows three of the five undefeated 3–0 teams are underdogs in Week 4 with the Vikings, Bills and Seahawks all predicted to lose by sportsbooks. The other undefeated teams, the Steelers and Chiefs, are favored by 1.5 and 7 points in their respective matches.
With no 3–0 teams playing each other, the week could once again end with five unbeaten teams.
There are three 0-3 teams (Titans, Jaguars and Bengals). None of the three teams play each other, which means each NFL team could have a win after Week 4. The Bengals are the only favorite of the three teams this week.
The Cowboys&#8217; and Giants&#8217; opening game stands out to bettors based on one interesting trend. Starting Giants quarterback Daniel Jones, a first-round pick in the 2019 NFL Draft, has never won a non-Sunday NFL game. Jones is 0-5 on <a href="https://www.statmuse.com/nfl/ask/daniel-jones-record-on-thursday-night-football">Thursdays </a>and 0-7 on <a href="https://www.statmuse.com/nfl/ask/daniel-jones-record-on-monday-night-football">Mondays</a>. Jones is also 1-13 in NFL Primetime games.
Two big betting trends have emerged for the current NFL season: heavy favorites are unable to cover the spread, and the public's favorite bets are struggling.
Sports betting reporter Ben Fawkes <a href="https://x.com/BFawkes22/status/1839329630991343875">said </a>underdogs of 5.5 points or more are against the spread and 10-4 overall. The Jets, 49ers, Texans and Chiefs are all favored by more than six points.
The public's favorite bets for the week with DraftKings, according to Fawkes,<a href="https://x.com/BFawkes22/status/1838904442592047375"> </a>are the following:
<ul>
<li>Cowboys -6 (79%)</li>
<li>Steelers -1.5 (79%)</li>
<li>Rams +3 (74%)</li>
<li>Vikings +2.5 (67%)</li>
<li>Eagles -2.5 (67%)</li>
</ul>
Bettors should also be aware that <a href="https://www.benzinga.com/general/sports/24/09/41053573/hurricane-helene-disrupts-flights-sports-events-disney-operations-affected-regions-stocks-to-watch">Hurricane Helene could impact</a> several NFL games with high winds and heavy rain. The Tampa Bay Buccaneers, Atlanta Falcons, Carolina Panthers and Miami Dolphins all host games and could be in the storm's path.
Read Also: <a href="https://www.benzinga.com/general/sports-betting/24/09/40720484/which-4-teams-have-never-reached-the-super-bowl-betting-payouts-if-history-is-made-in-2024">Which 4 Teams Have Never Reached The Super Bowl? Betting Payouts If History Is Made In 2024 NFL Season</a>
Media Stocks on Watch: NFL games are averaging 18.6 million viewers per game through the first three weeks, up 10% year-over-year, as <a href="https://x.com/NFLMedia/status/1838941532608696336">reported </a>by the league. This marks the highest average through the third week since 2015.
Here are the national primetime television games for the fourth week of the NFL season:
<ul>
<li>Thursday, Sept. 26, 8:15 p.m. ET: Cowboys, Giants on Prime Video, a unit of Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</li>
<li>Sunday, Sept. 29, 8:20 p.m. ET: Bills, Ravens on NBC, Peacock, units of Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>)</li>
<li>Monday, Sept. 30, 7:30 p.m. ET: Titans, Dolphins on ESPN, a unit of The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>)</li>
<li>Monday, Sept. 30, 8:15 p.m. ET: Seahawks, Lions on ABC, ESPN+, units of The Walt Disney Company</li>
</ul>
The Sunday 1 p.m. ET and 4 p.m. ET games will be broadcast by Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) unit CBS and Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) unit FOX.
Through the first three weeks, Fox and NBC each have two of the top five most-watched NFL games, with CBS having one. The season kickoff game between the Chiefs and Ravens ranks first with 28.0 million viewers for NBC.
The Chiefs have three of the five most-watched NFL games on the season, while the Cowboys have two of the five most-watched games.  
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41034849/fox-stock-thrives-on-sports-politics-strategy-analyst-says-it-will-weather-secular-">Fox Stock Thrives On Sports, Politics Strategy: Analyst Says It Will &#8216;Weather Secular Headwinds&#8217;</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Sports Betting

AMZN

DKNG

NFL Week 4 Betting Odds, National TV Games: Will Daniel Jones Stay Winless On Thursdays, How Many 3-0 Teams Will Stay Perfect?

Media company Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) could benefit from its focus on sports and politics, with the Super Bowl LIX broadcast and 2024 election acting <a href="https://www.benzinga.com/topic/2024-election">as major catalysts. </a>
The Fox Analyst: Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating on Fox and raised the price target from $45 to $50.
Read Also: <a href="https://www.benzinga.com/general/entertainment/24/09/40948190/nfl-week-3-betting-odds-national-tv-games-can-disney-win-with-two-monday-night-football-gam">Rupert Murdoch&#8217;s Family Court Battle Over Fox Control Mirrors &#8216;Succession&#8217; Drama</a>
The Analyst Takeaways: Sports, news, and politics are likely to help Fox in the first fiscal quarter and future quarters, Ehrlich said in an investor note Wednesday.
"Fox's portfolio of sports and news has positioned the company well to weather secular headwinds in linear relative to peers," Ehrlich said.
The analyst said the 2024 election is helping Fox see strong growth in advertising and viewership trends.
"Political should pick up in F2Q. Last presidential cycle, Fox local TV stations did $230mn in political advertising and are on track to exceed this '24."
Fox will also air Super Bowl LIX on Feb. 9 in the third quarter, the analyst added.
"Indications are that Super Bowl demand is extremely strong and inventory is almost sold out."
As a reminder, Fox is <a href="https://www.benzinga.com/general/entertainment/24/05/38625265/heres-how-much-a-super-bowl-lix-commercial-will-cost-how-fox-corporation-stock-could-benefi">seeking $7 million</a> for each 30-second advertisement during Super Bowl LIX.
NFL viewership through the first two weeks of the 2024 season averages 19.7 viewers, up 12% year-over-year. Fox had the third most-watched NFL game during the first two weeks, with Week 1's matchup between the Dallas Cowboys and Cleveland Browns watched by an average of 23.9 million viewers.
The analyst said Fox has the lowest exposure to entertainment advertising, with a strong presence across sports and news.
The analyst said linear trends continuing to weaken could cause Fox to migrate content to streaming. With a joint venture facing litigation, Fox could have to consider other options, including a standalone direct-to-consumer product for sports and news.
FOX Price Action: Fox stock trades at $38.44 versus a 52-week trading range of $25.82 to $39.00. Fox stock is up 36.5% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/08/40196641/fox-q4-earnings-profit-beat-forecasts-growth-in-affiliate-fees-and-tv-segment-upcoming-presidential">Fox Q4 Earnings: Profit Beat, Forecasts Growth In Affiliate Fees and TV Segment, Upcoming Presidential Election, Next Super Bowl In Focus</a></li>
</ul>
Photo: rafapress/Shutterstock.com

Analyst Color

Price Target

Reiteration

Analyst Ratings

Fox Stock Thrives On Sports, Politics Strategy: Analyst Says It Will 'Weather Secular Headwinds'

CFRA analyst Kenneth Leon downgrades Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) from Hold to Sell.

News

Downgrades

CFRA Downgrades Fox to Sell

JP Morgan analyst David Karnovsky maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Neutral and raises the price target from $38 to $41.

JP Morgan Maintains Neutral on Fox, Raises Price Target to $41

B of A Securities analyst Jessica Reif Ehrlich maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Buy and raises the price target from $45 to $50.

B of A Securities Maintains Buy on Fox, Raises Price Target to $50

Guggenheim analyst Michael Morris maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Buy and raises the price target from $44 to $45.

Guggenheim Maintains Buy on Fox, Raises Price Target to $45

The 2024 National Football League season enters Week 3 with nine of the 32 teams holding a perfect 2-0 record, including the Kansas City Chiefs, hoping to become the first NFL team to win<a href="https://www.benzinga.com/general/sports-betting/24/07/39752864/bettors-favor-kansas-city-chiefs-for-super-bowl-three-peat-heres-a-look-at-how-states-are-"> three straight Super Bowls.</a>
Here's a look at the betting odds and media companies that could benefit in the third week of the 2024 NFL season.
Week 3 Betting Odds: Week 3 features 16 <a href="https://www.benzinga.com/general/entertainment/24/09/40886493/nfl-games-dominate-week-1-ratings-start-week-2-with-a-bang-here-these-companies-might-benef">NFL games </a>across Thursday, Sunday and Monday and will see two matchups of 2-0 perfect teams.
Here are the week 3 matchups and the betting odds from sportsbook DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) with the team's records in parentheses.
<ul>
<li>New England Patriots (1-1) at New York Jets (1-1) -6</li>
<li>Denver Broncos (0-2) at Tampa Bay Buccaneers (2-0) -6.5</li>
<li>Los Angeles Chargers (2-0) at Pittsburgh Steelers (2-0) -1.5</li>
<li>New York Giants (0-2) at Cleveland Browns (1-1) -6.5</li>
<li>Houston Texans (2-0) -2 at Minnesota Vikings (2-0)</li>
<li>Philadelphia Eagles (1-1) at New Orleans Saints (2-0) -2.5</li>
<li>Green Bay Packers (1-1) at Tennessee Titans (0-2) -2</li>
<li>Chicago Bears (1-1) at Indianapolis Colts (0-2) -1.5</li>
<li>Carolina Panthers (0-2) at Las Vegas Raiders (1-1) -5</li>
<li>Miami Dolphins (1-1) at Seattle Seahawks (2-0) -4.5</li>
<li>Detroit Lions (1-1) -3 at Arizona Cardinals (1-1)</li>
<li>Baltimore Ravens (0-2) -1 at Dallas Cowboys (1-1)</li>
<li>San Francisco 49ers (1-1) -7 at Los Angeles Rams (0-2)</li>
<li>Kansas City Chiefs (2-0) -3.5 at Atlanta Falcons (1-1)</li>
<li>Jacksonville Jaguars (0-2) at Buffalo Bills (2-0) -5</li>
<li>Washington Commanders (1-1) at Cincinnati Bengals (0-2) -7.5</li>
</ul>
A quick look at the betting odds shows five of the away teams favored, down from the six away teams favored in week two and up from two away teams favored in the first week.
The third week features the 2-0 matchups between the Chargers and Steelers and the Texans vs. the Vikings. BetMGM's John Ewing <a href="https://x.com/johnewing/status/1836214185673248852">notes </a>that in the last 10 years, underdogs are 35-20-1 against the spread when undefeated teams play each other.
None of the Week 3 matchups are between 0-2 teams, which means there could still be nine 0-3 teams after the week is over as these teams fight to get a win on their record.
Bettors may focus on 0-2 teams desperate for a win. Ewing noted that 0-2 teams are 52-33-1 against the spread in Week 3 over the past decade.
Thursday night's game kicks off with a big spread of six points, and sports betting reporter Ben Fawkes <a href="https://x.com/BFawkes22/status/1836766403648483476" target="_blank" rel="noopener">notes </a>that it will be the first time the Jets are favored against the Patriots in 25 games. This will end the longest active head-to-head streak of two teams against each other.
Sports betting reporter Evan Abrams <a href="https://x.com/EvanHAbrams/status/1835526810903138789">notes </a>that underdogs of 6+ points are 8-0 against the spread through the first two weeks, marking the best start for big underdogs in NFL history.
According to Fawkes, at DraftKings, the most bets on teams against the spread are the Chiefs -3.5 (81% of bets), Saints -2.5 (78%), Bengals -7.5 (77%), Raiders -5.5 (77%), and 49ers -7 (76%).
Sportsbooks have been<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40885110/draftkings-sportsbooks-could-benefit-from-week-2-nfl-underdogs-winning"> benefitting from underdogs </a>covering the spread and winning outright, and the public is 11-20-1 against the spread through the first two weeks, according to <a href="https://x.com/BFawkes22/status/1836526740220579887">Fawkes</a>.
Read Also: <a href="https://www.benzinga.com/general/sports-betting/24/09/40720484/which-4-teams-have-never-reached-the-super-bowl-betting-payouts-if-history-is-made-in-2024">Which 4 Teams Have Never Reached The Super Bowl? Betting Payouts If History Is Made In 2024 NFL Season</a>
Media Stocks on Watch: NFL games are averaging 19.7 million viewers per game through the first two weeks, up 12% year-over-year, as <a href="https://x.com/NFLMedia/status/1836495412649509024">reported </a>by the league. This marks the second-highest average through the second week in league history.
Here are the national primetime television games for the third week of the NFL season:
<ul>
<li>Thursday, Sept. 19, 8:15 p.m. ET: Patriots, Jets on Prime Video, a unit of Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and NFL+</li>
<li>Sunday, Sept. 22, 8:20 p.m. ET: Chiefs, Falcons on NBC, Peacock, units of Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>)</li>
<li>Monday, Sept. 23, 7:30 p.m. ET: Jaguars, Bills on ESPN, a unit of The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>)</li>
<li>Monday, Sept. 23, 8:15 p.m. ET: Commanders, Bengals on ABC, ESPN+, units of Disney</li>
</ul>
The Sunday 1 p.m. ET and 4 p.m. ET games will be broadcast by Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) unit CBS and Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) unit FOX.
Disney could be the big winner for the week with two Monday Night Football games across its networks. Comcast also stands to benefit with a primetime matchup featuring the Chiefs. While Taylor Swift could be in attendance to watch boyfriend Travis Kelce, the Chiefs remain a popular team for viewership regardless. 
The Chiefs&#8217; first two games of the season are the most-watched NFL games, drawing 28 million viewers in Week 1 and 27.9 million in Week 2.
Comcast has two of the top five most watched NFL games through the first two weeks, with CBS, Fox and Disney each having one game on the list.
Read Next: 
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<li><a href="https://www.benzinga.com/general/sports-betting/24/08/40555085/sports-illustrated-predicts-detroit-lions-to-win-super-bowl-heres-how-much-100-bet-could-p">Sports Illustrated Predicts Detroit Lions To Win Super Bowl: Here&#8217;s How Much $100 Bet Could Pay If History Is Made</a></li>
</ul>
Photo: Shutterstock

NFL Week 3 Betting Odds, National TV Games: Can Disney Win With Two Monday Night Football Games? How Many 2-0 Teams Will Stay Perfect?

Two weeks of the 2024 National Football League season are almost in the books with soaring interest from fans around the world, which could benefit media companies that <a href="https://www.benzinga.com/general/entertainment/23/10/35320588/nfl-viewership-dominates-ratings-for-broadcast-streaming-with-or-without-taylor-swift-fans-">have NFL rights.</a>
What Happened: Viewership figures are in for the first week of the NFL season along with the first "Thursday Night Football" game from Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) streaming platform Prime Video, which kicked off<a href="https://www.benzinga.com/general/entertainment/24/09/40841727/nfl-week-2-betting-odds-media-stocks-to-watch-will-josh-allen-stay-perfect-on-thursdays-can"> the second week.</a>
The first week saw NFL games average 21 million viewers, setting the highest opening-week average on record for the league.
Among the media companies that benefitted from the opening week of the NFL season were Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>), Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>), Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) and The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>).
Comcast had three prime-time games during the first week with the opening game on Sept. 5, a Peacock streaming exclusive on Sept. 6 and the opening weekend's Sunday Night Football game. Viewership for the opening kickoff game was 29.2 million, up 9% to last year's kickoff game, as <a href="https://www.hollywoodreporter.com/tv/tv-news/tv-ratings-nfl-returns-in-dominating-form-1236001230/">reported </a>by The Hollywood Reporter.
The Friday night Peacock exclusive game had an average of 14 million viewers. The opening Sunday Night Football game was watched by an average of 22.8 million people across NBC and Peacock.
Disney saw 20.5 million viewers for the first Monday Night Football game of the season across ABC, ESPN, ESPN2 and streaming platforms.
CBS and Fox also saw strong viewership for the Sunday afternoon games with Fox averaging an impressive 23.9 million viewers for the late Sunday afternoon national game between the Dallas Cowboys and Cleveland Browns, which was Tom Brady's Fox broadcast debut for broadcasting.
The second week of the NFL season kicked off with a ban with Amazon's first 2024 game seeing an average of 14.96 million viewers. The figure was the third largest Thursday Night Football game for Amazon ever and significantly ahead of the company's 2023 season average viewership of 11.8 million viewers.
Read Also: <a href="https://www.benzinga.com/general/entertainment/24/09/40776084/kendrick-lamar-to-perform-super-bowl-lix-halftime-could-apple-fox-and-universal-music-get-a">Kendrick Lamar To Perform Super Bowl LIX Halftime: Could Apple, Fox And Universal Music Get A Boost?</a>
Why It's Important: Media companies continue to shell out millions of dollars for national sports rights, especially the NFL.
The strong opening week viewership show exactly why, as having the rights to key NFL games can help with advertising revenue and also boost streaming subscribers.
In 2023, 93 of the top 100 most watched shows were NFL games, according to data from Nielsen. A <a href="https://variety.com/2023/tv/news/most-watched-shows-2023-ncis-oscars-blue-bloods-super-bowl-yellowstone-1235854795/">report </a>from Variety showed that 45 of the top 100 most watched primetime broadcasts in 2023 were NFL games.
While Disney, Fox and Paramount have benefitted from NFL rights for many years, Comcast could be one of the biggest beneficiaries for the 2024 season with the extra primetime game in the first week and the potential boost to its Peacock streaming platform.
Amazon signed a big streaming-only deal with the NFL that has benefitted the company with additional branding boost for Prime Video and also led to more sign-ups for the streaming platform.
The streaming company's NFL deal also led to other streaming companies ready to commit more to live sports rights, including rival streaming platform Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>).
After years of focusing on what it calls sports adjacent programming of sports docuseries and specials, Netflix is now investing more in live sports content. The streaming giant will air its first NFL games in the 2024 season with two highly anticipated Christmas day matchups.
Netflix will stream the Kansas City Chiefs at Pittsburgh Steelers at 1 p.m. ET and the Baltimore Ravens at Houston Texans at 4:30 p.m. ET on Christmas Day. The games could provide a boost to Netflix's subscriber count, particularly its ad-supported plan which has been a large company focus.
For the NFL, media partners mean big dollars. For media partners, the NFL means big viewership and advertising money. A potential win-win for all parties involved.
Read Next: 
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<li><a href="https://www.benzinga.com/general/sports-betting/24/05/38909548/2024-nfl-schedule-unpacked-media-partners-win-taylor-swift-tour-dates-considered-new-betti">2024 NFL Schedule Unpacked: Media Partners Win, Taylor Swift Tour Dates Considered, New Betting Odds And More</a></li>
</ul>
Image: Shutterstock

Trading Ideas

NFLX

NFL Games Dominate Week 1 Ratings, Start Week 2 With A Bang: These Companies Might Benefit

FOX Nation Launches New Series "Truths with Vivek Ramaswamy" On September 22, Alongside One-Hour "Just Ask" Forum Moderated By Pete Hegseth; Series To Feature Ramaswamy Addressing Conservative Ideals And National Issues

Award-winning HBO series "Succession," which centered on a media company's patriarch struggle to find a successor for his company was a work of fiction that was <a href="https://www.benzinga.com/general/entertainment/23/07/33208010/hbo-netflix-apple-and-streaming-dominate-emmy-award-nominations-the-last-of-us-succession-t">well loved by viewers.</a>
The real-life story that inspired the hit show is set to play out in court beginning this week.
What Happened: A battle for control of Fox News and other assets of Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) will take center stage in a Nevada trial this week that could impact one of the largest<a href="https://www.benzinga.com/topic/media-stocks"> publicly traded media companies.</a>
Media mogul Rupert Murdoch, who helped build Fox to what it is today, is seeking to change the succession plan for his company.
The family trust currently will see Murdoch's children share control of the company when the 93-year-old media mogul passes away, as <a href="https://www.npr.org/2024/09/15/nx-s1-5113155/murdoch-family-trust-fox-news-succession">reported </a>by NPR. Murdoch is looking to revise the trust structure to ensure his eldest son, Lachlan Murdoch, who currently holds the roles of executive chairman and CEO of Fox Corporation and chairman of News Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWS#NASDAQ">NWS</a>), assumes full control of the company.
Murdoch's other children oppose the trust amendment.
The court battle pitting Murdoch against his children may also spark a dispute over the future direction of Fox News, particularly whether it should remain partisan, as it currently leans toward right-wing viewpoints. Son James Murdoch has been critical of Fox News' pro-Donald Trump stance in recent years.
While Lachlan and his father have battled over the years, much like the characters on "Succession," Murdoch now believes that the eldest son could best position Fox and News Corp for the future.
Murdoch set up a family trust that would hand equal share and equal control to his holdings after his death as part of an agreement when he left his second wife Anna Torv Murdoch Mann. The trust and a $110 million payout to Murdoch Mann helped the media mogul avoid a fight over his media holdings.
Recent tensions between Rupert Murdoch&#8217;s children and their father have led to several of them skipping his wedding to his fifth wife, Elena Zhukova, earlier this year.
The Murdoch succession court battle is scheduled to begin on Monday and will remain private. A motion by NPR and other media outlets to make the trial public was denied by the probate official. Murdoch and his four oldest children are expected to appear in court.
Read Also: <a href="https://www.benzinga.com/general/entertainment/24/09/40776084/kendrick-lamar-to-perform-super-bowl-lix-halftime-could-apple-fox-and-universal-music-get-a">Kendrick Lamar To Perform Super Bowl LIX Halftime: Could Apple, Fox And Universal Music Get A Boost?</a>
Why It's Important: A change of Fox News could impact the large media company and take years to recover in viewership and advertising revenue as it charts a new path.
"If they were to change the direction and move into the direction of a CNN format, or go down the middle, it will lose its identity, lose viewers and lose revenues," former Fox News president Joe Peyronnin said, as shared by NPR.
James Murdoch has pushed for Fox News to be more similar to Sky News in Europe, a media company he previously ran when it was owned by Fox. James has been critical of the Murdoch family businesses coverage of topics like global warming and the 2020 election.
In 2023, Fox paid a <a href="https://www.benzinga.com/news/23/04/31870703/fox-dominion-reach-787-5m-settlement-in-defamation-case-over-2020-presidential-election-falsehoods">record $787.5 million settlement </a>in a defamation lawsuit from Dominion Voting Systems over allegations that Fox News falsely claimed the voting machines were fraudulent in the 2020 election.
With Fox and News Corp both publicly traded companies, the family battle will draw interest from investors and analysts, as the succession planning could determine what the future direction of the companies looks like.
FOX, NWS Price Action: Fox shares are up 0.4% to $36.91 on Monday, versus a 52-week trading range of $25.82 to $38.52. Fox stock is up 30% year-to-date in 2024.
News Corp stock is up 0.2% to $27.43 on Monday versus a 52-week trading range of $20.01 to $29.59. News Corp stock is up 7% year-to-date in 2024.
Read Next: 
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40779322/fox-sees-political-ad-surge-but-growth-concerns-prompt-analyst-downgrade">Fox Sees Political Ad Surge, But Growth Concerns Prompt Analyst Downgrade</a></li>
</ul>
Photo: Shutterstock

Legal

Rupert Murdoch's Family Court Battle Over Fox Control Mirrors 'Succession' Drama

The 2024 National Football League season continues with a second week featuring three primetime games and all 32 teams in action, including the Kansas City Chiefs, who are hoping to become the first NFL team to win<a href="https://www.benzinga.com/general/sports-betting/24/07/39752864/bettors-favor-kansas-city-chiefs-for-super-bowl-three-peat-heres-a-look-at-how-states-are-"> three straight Super Bowls.</a>
Here's a look at the betting odds and media companies that could benefit in the second week of the 2024 NFL season.
Week 2 Betting Odds: The Chiefs remain the<a href="https://www.benzinga.com/general/entertainment/24/09/40694176/nfl-week-1-betting-odds-national-tv-games-can-comcast-win-will-home-teams-have-the-spotligh"> betting favorite to win</a> Super Bowl LIX as the top NFL team for the season after an impressive opening week win over the Philadelphia Eagles.
Here are the week 2 matchups and the betting odds from sportsbook DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) with the teams records in parentheses.
<ul>
<li>Buffalo Bills (1-0) at Miami Dolphins (1-0) -2.5</li>
<li>Tampa Bay Buccaneers (1-0) at Detroit Lions (1-0) -7.5</li>
<li>Las Vegas Raiders (0-1) at Baltimore Ravens (1-0) -8.5</li>
<li>San Francisco 49ers (1-0) -5 at Minnesota Vikings (1-0)</li>
<li>Los Angeles Chargers (1-0) -6 at Carolina Panthers (0-1)</li>
<li>New Orleans Saints (1-0) at Dallas Cowboys (1-0) -6</li>
<li>Indianapolis Colts (1-0) -2.5 at Green Bay Packers (1-0)</li>
<li>New York Jets (0-1) -4 at Tennessee Titans (0-1)</li>
<li>Cleveland Browns (0-1) at Jacksonville Jaguars (0-1) -3</li>
<li>New York Giants (0-1) at Washington Commanders (0-1) -2</li>
<li>Seattle Seahawks (1-0) -3.5 at New England Patriots (1-0)</li>
<li>Los Angeles Rams (0-1) at Arizona Cardinals (0-1) -1.5</li>
<li>Cincinnati Bengals (0-1) at Kansas City Chiefs (1-0) -5</li>
<li>Pittsburgh Steelers (1-0) -2.5 at Denver Broncos (0-1)</li>
<li>Chicago Bears (1-0) at Houston Texans (1-0) -6.5</li>
<li>Atlanta Falcons (0-1) at Philadelphia Eagles (1-0) -6.5</li>
</ul>
A quick look at the betting odds shows that sportsbooks are giving away teams more love this week, with six away teams favored. This compares to Week 1 where only two away teams were favored, and five away teams ended up winning.
The second week also features four matchups between teams that failed to win their opening games, with each team fighting to avoid an early 0-2 start to the season.
At DraftKings, these are the top five teams getting the most action against the spread, <a href="https://x.com/BFawkes22/status/1833845967872819268">according </a>to sports betting writer Ben Fawkes:
<ul>
<li>Chargers -6.5%, 90%</li>
<li>Eagles -6.5, 87%</li>
<li>Commanders -1.5, 86%</li>
<li>Ravens -9, 84%</li>
<li>49ers -6, 83%</li>
</ul>
In week 1 several of the most bet on teams lost against the spread with top favorite the Bengals -8.5 losing outright. BetMGM's John Ewing <a href="https://x.com/johnewing/status/1833520555670311427">said </a>teams with 50% or more bets on them went 6-10 against the spread in week 1.
For Thursday night's opening game featuring the Bills and Dolphins, Ewing <a href="https://x.com/johnewing/status/1834256907374096601">said </a>Bills quarterback Josh Allen is 6-0 overall and 4-2 against the spread in Thursday games.
Read Also: <a href="https://www.benzinga.com/general/sports-betting/24/09/40720484/which-4-teams-have-never-reached-the-super-bowl-betting-payouts-if-history-is-made-in-2024">Which 4 Teams Have Never Reached The Super Bowl? Betting Payouts If History Is Made In 2024 NFL Season</a>
Media Stocks on Watch: NFL viewership was up 12% year-over-year in the first week of the season, as <a href="https://frontofficesports.com/nfl-week-1-sets-viewership-record-with-an-average-of-21-million/">reported </a>by FrontOfficeSports.
A rare Friday game between the Packers and Eagles was watched by 14 million people, with the game being exclusive on the Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) Peacock streaming platform.
The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) recorded 20.4 million viewers for the first Monday Night Football game, which was down 10% from last year's record-setting debut, but was the second most-watched Week 1 Monday Night Football game since 2006.
Here are the national primetime television games for the second week of the NFL season:
<ul>
<li>Thursday, Sept. 12, 8:15 p.m. ET: Bills, Dolphins on Prime Video, a unit of Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</li>
<li>Sunday, Sept. 15, 8:20 p.m. ET: Bears, Texans on NBC, Peacock</li>
<li>Monday, Sept. 16, 8:15 p.m. ET: Falcons, Eagles on ESPN</li>
</ul>
Of the six teams featured in the primetime games, five won their first week game, setting up some highly anticipated week 2 matchups. 
The Sunday 1 p.m. ET and 4 p.m. ET games will be broadcast by&nbsp;Paramount Global&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) unit CBS and Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) unit FOX.
Coverage will vary by location. In Week 1, CBS and Fox games averaged 18.4 million viewers per game—the highest opening-week Sunday afternoon figure since 2016 and a 21% increase over last year&#8217;s opening week.
Read Next: 
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<li><a href="https://www.benzinga.com/general/sports-betting/24/08/40555085/sports-illustrated-predicts-detroit-lions-to-win-super-bowl-heres-how-much-100-bet-could-p">Sports Illustrated Predicts Detroit Lions To Win Super Bowl: Here&#8217;s How Much $100 Bet Could Pay If History Is Made</a></li>
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Photo: Shutterstock

NFL Week 2 Betting Odds, Media Stocks To Watch: Will Josh Allen Stay Perfect On Thursdays? Can Viewership Continue To Climb?

Tuesday's presidential debate between Donald Trump and Vice President Kamala Harris saw increased viewership from the 2024 debate between Trump and President Joe Biden, with viewers tuning in for the first in-person meeting of <a href="https://www.benzinga.com/general/politics/24/09/40782598/harris-vs-trump-how-to-watch-2024-presidential-debate-rule-disputes-and-key-topics-for-voters">the two candidates.</a>
What Happened: The presidential debate between Trump and Harris was watched by 67.1 million people Tuesday, topping the <a href="https://www.benzinga.com/general/politics/24/06/39563409/heres-how-many-people-watched-the-2024-presidential-debate-and-how-fox-beat-cnn-at-its-own-game">51.3 million total</a> from the June debate between Trump and Biden.
ABC, a unit of Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), hosted the debate and saw 19.05 million viewers, as reported by <a href="https://deadline.com/2024/09/trump-harris-debate-ratings-1236085057/">Deadline</a>.
The presidential debate was simulcast by more than a dozen media companies. Here's a look at how other media networks fared:
<ul>
<li>NBC News: 10.1 million viewers</li>
<li>Fox News: 9.1 million viewers</li>
<li>MSNBC: 6.4 million viewers</li>
<li>CBS News: 6.2 million viewers</li>
<li>Fox Broadcasting: 4.9 million viewers</li>
<li>CNN: 4.4 million viewers</li>
</ul>
Fox Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) trailed the leaders in a potential surprise as the media company topped the last debate viewership over host CNN thanks to a strong political viewership fan base for Fox News.
A total of 21.3 million people in the 25-54 age demographic watched the debate. ABC won this demographic with 6.6 million viewers followed by NBC News at 3.7 million and Fox News at 1.9 million.
Did You Know?
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</ul>
Why It's Important: For Disney, the strong viewership figure could help the company in the current quarter for market share in the media space and the company also likely benefitted from strong advertiser demand during the event. Tuesday&#8217;s debate was 90 minutes in length and featured two commercial breaks.
The viewership figure for Tuesday's debate topped the earlier 2024 debate, but fell short of past presidential debates from other election years.
The first presidential debate between Biden in Trump in the 2020 election was watched by 73.1 million people. The first presidential debate between Trump and Hillary Clinton in the 2016 election was watched by 84 million people, setting a new record.
Tuesday's debate is currently the only presidential debate scheduled between Trump and Harris and could be the last with less than two months until the election. Other media companies have reached out in attempts for debates. Several polls point to Trump <a href="https://www.benzinga.com/general/politics/24/09/40824831/harris-vs-trump-swing-state-voters-pick-presidential-debate-winner-share-thoughts-on-immigration">losing the debate </a>and his recent commentary seems more reluctant to debate again.
A vice-presidential debate between J.D. Vance and Tim Walz, hosted by CBS News, is currently scheduled for Oct. 1.
Check This Out:
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<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent091224">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Photo: Courtesy ABC News

Trump Vs. Harris Presidential Debate Viewership Tops Trump, Biden Total But Falls Short Of Records: Here's How Many People Watched

- Goldman Sachs Communacopia &amp; Technology Conference&nbsp;&nbsp;&nbsp;&nbsp;

Guidance

Fox CEO Expects To See Record Political Advertising Revenue This Year

Tuesday&#8217;s presidential debate between Donald Trump and Kamala Harris will be one of the biggest events of the election cycle, with less than two months until the<a href="https://www.benzinga.com/topic/2024-election"> 2024 presidential election.</a>
How to Watch the Presidential Debate: While it's the first debate between Harris and Trump, this week's presidential debate will be the second for Trump as he previously faced off against President Joe Biden, who <a href="https://www.benzinga.com/general/politics/24/07/39874057/biden-drops-out-of-2024-race-in-bombshell-announcement-it-has-been-the-greatest-honor-of-my-life">stepped down from the 2024 </a>race after the last debate.
On Tuesday, Harris and Trump will meet for a live debate in swing state Pennsylvania. The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) unit ABC News is hosting the debate, with World News Tonight anchor David Muir and ABC News Live anchor Linsey Davis serving as moderators.
The presidential debate airs at 9 p.m. ET Tuesday and will be 90 minutes in length with a scheduled end time of 10:30 p.m. ET. The debate will have two scheduled commercial breaks.
While the debate will be hosted by ABC News and air on ABC and stream on Hulu, ABC is allowing simulcasting, making the debate available on all major broadcast channels and several streaming options.
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Debate Rules: One of the key items discussed ahead of the debate between Trump and Harris was the rules, including one on whether the mics of the two candidates would be muted.
Harris wanted unmuted mics, with Trump wanting muted mics. The original rules for the debate, which had a date and network set previously by Biden and Trump, are being used with muted mics. The mics may be unmuted if there is crosstalk between candidates.
There will be no opening statements from the contestants. The moderators will ask questions with candidates getting two minutes to answer questions, two minutes for rebuttals and one minute for follow-ups and clarification.
Candidates can not have prewritten notes on stage, and their campaign teams can not interact with them during commercial breaks. The contestants will have a pen and notepad and a bottle of water with them on stage.
There is no live audience for Tuesday's presidential debate.
Key Items to Watch: Trump won a coin toss before the debate and chose to give the last closing statement. Harris chose to have her lectern on the left of the stage, which will place her on the right-hand side of screens for viewers.
The presidential debate between Harris and Trump will serve as their first in-person meeting, with no previous interactions due to Trump skipping the 2021 presidential inauguration.
Potential voters could tune in to see how the two candidates differ on key topics and also to hear more about Harris' platform, which has been the subject of debate. Some voters think Harris hasn't done enough to share her policy with minimal interviews and public speeches since being named the Democratic Party candidate after Biden stepped down.
Harris may face scrutiny over shifting positions on key issues, while Trump is likely to be questioned about his alleged ties to Project 2025 and his felony convictions from earlier this year.
Tuesday's debate could prove important to undecided voters and also serve as the only debate for the two candidates. There are currently no additional debates scheduled ahead of the 2024 election for Harris and Trump, with the potential for another debate in September or October still being hashed out.
The vice-presidential running mates of J.D. Vance and Tim Walz will face off in a CBS News hosted debate on Oct. 1.
Viewership for Tuesday's debate is expected to be high, with viewers set to tune in and watch the two candidates face off for the first time. The first 2024 presidential debate between Trump and Biden <a href="https://www.benzinga.com/general/politics/24/06/39563409/heres-how-many-people-watched-the-2024-presidential-debate-and-how-fox-beat-cnn-at-its-own-game">set several records</a> for CNN and was watched by 48 million viewers.
One item for investors to watch will be viewership by network due to the simulcasting. While ABC is hosting the event, they could get beat out by Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) when it comes to viewership, as CNN did earlier this year.
Since Trump and Biden had already faced off in previous debates, viewers may have been less interested in the first debate, which had lower viewership than the first debates of 2020 and 2016. The 2016 first presidential debate between Trump and Hillary Clinton was watched by a record 84 million viewers.
Harris is launching a new political ad on Tuesday that will air nationally on Fox News and in the key markets of Philadelphia and near Mar-a-Lago. The ad features past Trump administration members who have gone on to publicly say they will not endorse him in the 2024 election, as <a href="https://www.politico.com/news/2024/09/09/kamala-harris-ad-donald-trump-00177916?utm_source=briefing&amp;utm_medium=email&amp;utm_campaign=washington_am&amp;utm_content=090924">reported </a>by Politico.
"In 2016 Donald Trump said he would choose only the best people to work in his White House. Now those people have a warning for America: Trump is not fit to be president," a voiceover in the ad says.
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Photo: Shutterstock

Harris Vs. Trump: How To Watch 2024 Presidential Debate, Rule Disputes And Key Topics For Voters

Seaport Research analyst David Joyce downgraded the rating on Fox Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) to Neutral from Buy. The typical September seasonality in the market led to the downgrade.
The analyst observed the political and TV station landscape to derive where the most significant amount of political ad spending may take place, driven by races likely to be competitive, from Presidential swing states to Senate, House, and Gubernatorial races.
With Fox Corp&#8217;s business model focused on the U.S. and with a primarily traditional media footprint that is most impacted by political ad spending, from its Fox News Channel to its local TV stations that cover 39% of the country, Joyce stacked up Fox&#8217;s exposure to that of other public and private key TV station owners.
While that sets up a healthy cyclical cash flow backdrop, the analyst acknowledged that Fox Corp shares have now exceeded his prior price target of $40 for roughly a week, which might already be reflecting the political ad spend enthusiasm. As such, he moved his recommendation to the sidelines, downgrading his rating.
The stock currently reflects a fiscal 2025 levered free cash flow yield of 10.0% or 11.8% unlevered, which is relatively attractive but a 7.0x EV/EBITDA multiple for a company with ~1% net growth on a compound basis through 2027 due to the cyclical nature of political and SuperBowl advertising in their respective years facing the subsequent year&#8217;s growth challenges, Joyce noted.
The analyst continues to like the consistent capital returns through stock buybacks and dividends but remains skeptical over the type of tuck-in or complementary acquisition activity on the horizon, given Fox has the industry&#8217;s strongest balance sheet at ~0.8x net leverage.
Price Action: FOX stock is up 0.11% at $37.40 at the last check on Monday.
Photo by rafapress on Shutterstock

Fox Sees Political Ad Surge, But Growth Concerns Prompt Analyst Downgrade

Rapper Kendrick Lamar is back as a Super Bowl halftime performer, following last year's performance from Usher that was part of a<a href="https://www.benzinga.com/general/space/24/02/37109382/super-bowl-lviii-sets-modern-day-viewership-record-how-did-nfl-championship-compare-to-apollo-11-mo"> record-breaking NFL championship game.</a>
Super Bowl LIX occurs in New Orleans, Louisiana at the Caesars Superdome on Feb. 9, 2025. The game will be broadcast on Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) and feature the top two NFL teams who win the AFC and NFC Championship games.
Lamar was part of a group of rap artists who performed at Super Bowl LVI in 2022, which included Dr. Dre, Snoop Dogg, Eminem and Mary J. Blige as well.
"Rap music is still the most impactful genre to date. And I'll be there to remind the world why. They got the right one," Lamar <a href="https://www.nfl.com/news/kendrick-lamar-to-perform-at-apple-music-super-bowl-lix-halftime-show-in-new-orleans">said</a>.
NFL head of music Seth Dudowsky said the league is excited to collaborate with Kendrick and Super Bowl halftime sponsor Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) on "another unforgettable Halftime Show."
"Few artists have impacted music and culture as profoundly as Kendrick Lamar. Time and time again, Kendrick has proven his unique ability to craft moments that resonate, redefine, and ultimately shake the very foundation of hip-hop," Dudowsky said.
Lamar is a 17-time Grammy Award winner and became the first non-classical, non-jazz musician to win a Pulitzer Prize.
The rapper has often dominated the charts with "Like That" spending three weeks at number one on the Billboard Hot 100 chart earlier this year, followed by "Not Like Us" also topping the charts this summer.
Read Also: <a href="https://www.benzinga.com/general/sports/24/02/37076429/super-bowl-commercials-2024-complete-list-of-super-bowl-lviii-ads-and-companies-behind-them">Super Bowl Commercials 2024: Complete List Of Super Bowl LVIII Ads And Companies Behind Them</a>
The Winners: Apple <a href="https://www.benzinga.com/news/22/09/28980683/nfl-wins-multiyear-deal-with-apple-music-apple-music-to-sponsor-super-bowl-halftime-show">signed a deal</a> with the NFL in 2022, which kicked off with the Super Bowl Halftime Show in 2023 featuring Rihanna.
"Apple is thrilled to bring the show, starring the absolutely incomparable Kendrick Lamar, to fans worldwide with Apple Music's industry leading Spatial Audio quality along with tons of exclusive videos, interviews, playlists and so much more across Apple Music," Apple's Vice President of Apple Music Oliver Schusser said, as <a href="https://variety.com/2024/music/news/super-bowl-2025-halftime-performer-1236136777/">reported </a>by Variety.
The Apple Music Super Bowl Halftime Show featuring Usher earlier this year was the-most watched halftime show ever and earned three Emmy nominations. The Super Bowl LVII Halftime Show with Rihanna earned five Emmy nominations, becoming the first Super Bowl Halftime Show to win the Outstanding Directing for a Variety Special Emmy.
With another globally recognized artist, Apple could score big with cross-promotions of its music features and the ability to launch exclusive content for Apple subscribers.
Fox will broadcast Super Bowl LIX in 2025 and could get a boost from the halftime show. While many viewers tune in for the big game, the amount of fans tuning in for Super Bowl halftime performances is often a big factor in viewership and advertisement rates.
Super Bowl LVIII was watched by 123.4 million viewers, a Super Bowl record and figure that was up 7% year-over-year. A total of 202.4 million viewers watched a portion of the game with the halftime show seeing record viewership for any Super Bowl.
Another potential winner is Universal Music (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UNVGY#OTC">UNVGY</a>)(UMGNF), which has had a hand in four of Lamar's five studio albums. 
Lamar's last album was released in 2022 and many are eagerly awaiting a new studio album. The timing of a release or announcement around the Super Bowl Halftime Show could come with potential peak interest in Lamar.
Super Bowl Halftime performers often see a substantial spike in songs and albums around the big game.
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Image via Wikimedia Commons

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무소속 대선 후보 로버트 F. 케네디가 제3자 후보로는 보기 드문 두 자릿수 <a href="https://www.benzinga.com/news/24/05/38983344/2024-election-cliffhanger-biden-leads-trump-by-just-a-point-in-latest-poll-as-overwhelming-majority">투표</a>를 받고 있지만, 11월에 열릴 대선에서 조 바이든 대통령 및 도널드 트럼프 전 대통령과 경쟁하려면 아직 해야 할 일이 많다.
화요일 일론 머스크의 X에 <a href="https://x.com/elonmusk/status/1793091770441748712" target="_blank" rel="noopener">게시</a>된 한 게시물에서 케네디는 <a href="https://www.benzinga.com/general/politics/24/05/38849634/biden-signals-intent-to-debate-trump-in-june-make-my-day-pal" target="_blank" rel="noopener">현재 토론 일정</a>에서 벗어나 이 플랫폼에서 대통령 토론을 제안했다.
사건의 전말 (What Happened): 머스크는 X에 케네디가 바이든과 트럼프 사이의 토론에 참여하도록 허용되어야 한다고 게시했다. 제3자 후보는 전통적으로 토론에 포함되지 않는다.
이에 케네디는 머스크에게 &#8220;너가 주최하고 싶니?&#8221;라고 물었다.
머스크는 &#8220;그럼(sure)&#8221;이라고 답했다.
케네디는 &#8220;X에서 토론이 열려야 한다. CNN의 시청자 수보다 100배는 많은 새로운 공공 광장이다. @realDonaldTrump, 네가 할 수 있을 거라고 나는 알고 있다. 너가 @POTUS에게 연락할래? 아니면 나가 할까?&#8221;라고 케네디가 <a href="https://x.com/RobertKennedyJr/status/1793337250714878285">말했다</a>.
중요한 점 (Why it Matters): 첫 번째 대통령 선거 토론은 1960년 케네디의 삼촌 존 F. 케네디와 리처드 M. 닉슨 사이에서 열렸다. 특히 이 토론은 TV로 <a href="https://www.jfklibrary.org/asset-viewer/archives/tnc-172">중계</a>되었다.
밸롯피디아(Ballotpedia)에 <a href="https://ballotpedia.org/Presidential_debates,_2024">따르면</a>, 2024년 현재 대통령 선거 토론 일정은 6월에 워너 브라더스 디스커버리(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>)의 자회사 CNN에서 실시되며, 9월에는 월트 디즈니(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>)의 자회사 ABC에서 실시된다. 지난 토론은 컴캐스트 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>)의 자회사 NBC와 폭스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>)에서도 진행되었다.
하지만 X에서의 토론은 수십 년 동안 방송된 TV 토론의 우선 순위를 회피하게 된다.
과거에도 정치적 이벤트들이 X에서 중계된 바 있다. 플로리다 주지사인 론 디샌티스는 X에서 2024년 대선에 대한 입후보를 <a href="https://www.benzinga.com/general/politics/23/05/32564924/desantis-announces-2024-presidential-run-lauds-elon-musks-commitment-to-free-speech">선언했다</a>. 이 이벤트는 연결 문제, 결함 및 지연으로 인해 수신이 제대로 이루어지지 않았다. 디샌티스는 그 후 대선 후보 경선을 <a href="https://www.benzinga.com/news/24/01/36709808/ron-desantis-ends-presidential-race-backs-donald-trump-ahead-of-new-hampshire-primaries">포기했다</a>.
다른 기사: <a href="https://www.benzinga.com/news/24/05/38987299/majority-of-americans-fear-political-violence-after-2024-biden-trump-rematch-poll">투표결과 대통령 선거 투표결과</a>
Midjourney의 인공지능을 사용하여 생성된 이미지

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Fox

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에 대한 최신 뉴스 Fox (NASDAQ:FOXA) 주식

금요일, 5월 24, 2024

사람들이 또한 지켜본다

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