Advanced Television

BNP Paribas

Bank: “Another transitional year for ProSiebenSat.1″

Analysts at investment bank BNP-Paribas suggest that 2024 remains another transitional year for German broadcaster ProSiebenSat.1 (PSM). It says that PSM’s increased investment in local content is the right strategic move “but is painful for shareholders”. The bank says that management will increase that local content to support its digital offering. That extra investment on […]

January 4, 2024By Chris Forrester

Bank: “Vivendi split likely to help crystallise value”

French media giant Vivendi is planning to split itself into three separate listed entities. Analysts at investment bank BNP/Paribas have looked closely at the plan. The three businesses are Canal+, ad-agency Havas and a holding company managing the remaining equity stakes in listed and non-listed companies. The bank says that Vivendi has long traded at […]

December 15, 2023By Chris Forrester

Bank upgrades Universal Music

Investment bank BNP Paribas has carried out a detailed examination of the prospects for Universal Music Group (UMG). The bank has upgraded UMG to ‘Neutral’ as far as its investment advice is concerned and has given a Target Price for its shares of €23 (currently trading at about €24.70). Its results are due on October […]

October 20, 2023

Eutelsat buys back 59k shares

Eutelsat’s board of directors, just days away from the company’s merger with OneWeb (on September 28th), has approved the repurchase of some of its shares. Eutelsat can spend up to €381,804 on 58,739 shares representing less than 5 per cent of Eutelsat’s share capital. The purchase takes advantage of the current ultra-low value of Eutelsat’s […]

September 21, 2023

Bank: “EU LEO decision to impact satellite share prices”

Analysts at investment bank BNP/Paribas, in a report on the media sector and satellite activity, suggest that the existing market (notably Europe’s two satellite giants SES and Eutelsat) could be affected by the EU’s decision on plans for a European-financed Low Earth orbiting constellation. The bank says: “In 2022, the EU is likely to make […]

January 13, 2022

Bank: “Google a top pick for 2022”

A report from investment bank BNP Paribas forecasts that Google’s Alphabet will grow this year by 4 per cent despite suffering threats over potential iOS privacy events. The bank also suggests that Google Search could even prove to be a beneficiary as marketers shift their advertising budgets to other verticals (e.g. Search and Android-based OS […]

January 13, 2022By Chris Forrester