We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Facebook (FB) Eyes Asian Market EPL Broadcasting Rights
Read MoreHide Full Article
Facebook is contending for broadcasting English Premier League (EPL) in Thailand, Cambodia, Laos and Vietnam, Bloomberg reports.
The company is said to be competing with BeIN Sports for acquiring the three-year deal. The Qatar-based broadcaster has reportedly paid about $250 million for screening all 380 matches per season in the region under the three-year deal, adds Bloomberg.
Facebook, by focusing on bringing highly popular sports tournament on the platform, is trying to lure users and improve the “time well spent” on the platform.
Live Streaming Gaining Traction
Streaming live sports is one of the most lucrative opportunities as it helps to boost engagement levels of users and bring more advertisers.
Notably, all social media sites are scrambling to get more and more sports oriented live streaming on their platform. Absence of streaming giant Netflix (NFLX - Free Report) in live sports streaming is a positive for them.
Facebook has signed a deal with Major League Baseball (MLB) to stream 25 games on Watch this season. Amazon (AMZN - Free Report) recently secured the live rights for 20 Premier League games a season in the UK starting 2019.
Twitter also announced more than 30 renewed and new deals for live and original programming. Notably, sports leagues including MLB and Major League Soccer are also included in the deal.
We note that Facebook is aggressively promoting “Live” in order to boost its top line further. It intends to capture the opportunity presented by ever increasing video viewing on social media platforms.
The company is trying to incorporate more and more video-oriented content to bring in more ad dollars as video ads generate more revenues than its photo and text-based substitutes. Ad revenues contribute over 98% to Facebook’s total revenues.
Facebook is looking to expand further in the Asian market as it accounts for the company’s fastest growing user base in terms of geography. Reportedly, the platform’s monthly active users in Asia have risen 54% in the past two years to 873 million.
Notably, despite the services being blocked in China, the region still makes up nearly 40% of the company's total user base.
Moreover, the company is experiencing better growth in the region compared to the United States. However, average revenue per user is significantly low in these regions compared with the United States, which is a concern.
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Image: Bigstock
Facebook (FB) Eyes Asian Market EPL Broadcasting Rights
Facebook is contending for broadcasting English Premier League (EPL) in Thailand, Cambodia, Laos and Vietnam, Bloomberg reports.
The company is said to be competing with BeIN Sports for acquiring the three-year deal. The Qatar-based broadcaster has reportedly paid about $250 million for screening all 380 matches per season in the region under the three-year deal, adds Bloomberg.
Facebook, by focusing on bringing highly popular sports tournament on the platform, is trying to lure users and improve the “time well spent” on the platform.
Live Streaming Gaining Traction
Streaming live sports is one of the most lucrative opportunities as it helps to boost engagement levels of users and bring more advertisers.
Notably, all social media sites are scrambling to get more and more sports oriented live streaming on their platform. Absence of streaming giant Netflix (NFLX - Free Report) in live sports streaming is a positive for them.
Facebook has signed a deal with Major League Baseball (MLB) to stream 25 games on Watch this season. Amazon (AMZN - Free Report) recently secured the live rights for 20 Premier League games a season in the UK starting 2019.
Twitter also announced more than 30 renewed and new deals for live and original programming. Notably, sports leagues including MLB and Major League Soccer are also included in the deal.
We note that Facebook is aggressively promoting “Live” in order to boost its top line further. It intends to capture the opportunity presented by ever increasing video viewing on social media platforms.
The company is trying to incorporate more and more video-oriented content to bring in more ad dollars as video ads generate more revenues than its photo and text-based substitutes. Ad revenues contribute over 98% to Facebook’s total revenues.
Facebook, Inc. Revenue (TTM)
Facebook, Inc. Revenue (TTM) | Facebook, Inc. Quote
Asia Holds Promise
Facebook is looking to expand further in the Asian market as it accounts for the company’s fastest growing user base in terms of geography. Reportedly, the platform’s monthly active users in Asia have risen 54% in the past two years to 873 million.
Notably, despite the services being blocked in China, the region still makes up nearly 40% of the company's total user base.
Moreover, the company is experiencing better growth in the region compared to the United States. However, average revenue per user is significantly low in these regions compared with the United States, which is a concern.
Facebook currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>