Benzinga Buzz: Drew Barrymore Buckles, Opts Not To Return — Plus: Method Man, Disney & Barbie
Portfolio Pulse from Anthony Noto
Drew Barrymore has announced that she will not continue with new episodes of her daytime talk show until the WGA and SAG-AFTRA strikes are resolved. This decision has been met with mixed reactions. Meanwhile, Barbie sales were up 25% in July and August, which could have implications for Mattel (NASDAQ:MAT). Discussions about a potential sale of ABC and its TV stations from Walt Disney (NYSE:DIS) to Nexstar Media Group Inc (NASDAQ:NXST) have begun. Bud Light (NYSE:BUD) is also mentioned in the context of a potential Super Bowl ad.
September 17, 2023 | 5:27 pm
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POSITIVE IMPACT
Barbie sales were up 25% in July and August, which could positively impact Mattel's financial performance.
The increase in Barbie sales directly contributes to Mattel's revenue, which could lead to a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Bud Light is mentioned in the context of a potential Super Bowl ad.
The mention of Bud Light in relation to a potential Super Bowl ad could have an impact on the brand's visibility and potentially its sales, but it's unclear how this would directly affect the stock price.
CONFIDENCE 60
IMPORTANCE 20
RELEVANCE 30
NEUTRAL IMPACT
Early discussions about a potential sale of ABC and its TV stations from Walt Disney to Nexstar Media Group Inc have begun.
The potential sale of ABC could impact Disney's assets and revenues, but it's too early to predict the direction of the impact on the stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Nexstar Media Group Inc is in early discussions to potentially acquire ABC and its TV stations from Walt Disney.
The potential acquisition of ABC could impact Nexstar's assets and revenues, but it's too early to predict the direction of the impact on the stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70