On media stocks like Zee and Sun
I have been bullish on Sun and I maintain my bullish stance on Sun. The ad revenues are going up significantly. With the election season approaching it will boost ad revenues down south, particularly in Tamil Nadu, which is a large market for Sun. The challenge in terms of the OTT platform launched by Sun was visible but the kind of library Sun has, will definitely give it an edge in the Tamil OTT space. Overall, I have been bullish on Sun and it can be purchased even at current levels.
As far as Zee is concerned, again the business per se is doing good. The programmes are doing good. The ad revenues are improving but the challenge remains in terms of governance and in terms of ownership structure and the need for a strong promoter to be behind the venture. The challenges with the Subhash Chandra exiting but still maintaining some kind of control and no simple large investor emerging to control the business are concerns. Till the time these are addr
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opened under pleasure and boeing and caterpillar sold off. watch media stocks after at&t closed purchase of time warner. comcast put up a $65 billion cash offer for most of 21st century fox disney and fox other possible targets for oney. mergers, cbs and viacom and lion s gate and discovery. they could rule on an important case, wayfair versus south dakota will determine whether a state can force online retailers to collect sales tax. the ruling won ting a huge deal for amazon because they already do collect state sales tax but will affect smaller online stores and businesses and companies like etsy in new york. coming up, first lady melania trump weighing in on the immigration crisis taking place at america s borders. what she s saying about the practice of separating families under her husband s administration. (baby crying)
overlook the source of north korea s decades of political and economic isolation reports of human rights abuses including flavor labor prison camps and torture are among the reasons the country s been shot off international diplomacy. or u.s. stocks h.r. on tuesday with help from media stocks is a vest as look past and start us north korea summit have focused on the federal reserve policy meeting at the fed s widely expected to raise interest rates for the second time this year when it concludes its two day policy meeting on wednesday investors are especially looking at. whether it will raise rates three or four times this year. so let s go straight to yen score to you standing by for us in new york and what are you hearing there on the trading floor about that meeting. well it s certainly pretty much
monopolies as the government was trying to argue? the judge did not buy that argument. he said essentially this. technology we have to read the decision. if he approves, he s saying this. technology is such that they don t have the pricing power that they used to. you have other options out there. i ll tell you, neil, we have to see the conditions of this thing. if there s no conditions, tomorrow will be a wild day for deal making. it starts neil: judge has approved the merger of at&t and time-warner including all of the keyia properties including cnn, the turner network, which was the genesis for some of the concerns in the trump administration that didn t make much sense to them. we were talking and charlie was mentioning as well that other media stocks inc comcast and fox entertainment, our parent company, have been seen to be in play here given the