Here's which entertainment companies will outperform, according to analysts and industry insiders.
Four industry veterans Insider spoke with unanimously agreed that unless the strikes are resolved soon, the movie industry's much-needed revival will fizzle out.
In a mid-July note about the movie industry, Reese and Pachter highlighted three theater-related companies that are best positioned to survive in this difficult environment.
FuboTV should be a winner since it's a solid alternative for cord cutters who still need news and sports coverage, which aren't impacted by the strikes, Pachter noted.
Netflix is perhaps the most fascinating company in the media industry right now.
Persons:
Barbie, Oppenheimer, Paul Dergarabedian, Alicia Reese, David A, Gross, Strikes, Reese, Michael Pachter, Dergarabedian, Pachter, Richard Gelfond, JPMorgan's David Karnovsky, Wedbush's Pachter, aren't, it's
Organizations:
Hollywood, Wedbush Securities, Entertainment Research, Alliance, Television Producers, Consumers, Netflix
Locations:
Hollywood, creatives