A report on the video games sector from investment bank Berenberg says that q-o-q that there has been some improvements in sales and revenues but that the “market remains soft”. “While global video game sales declined slightly y-o-y in Q3 2022, sales grew q-o-q, helping stem the double-digit declines seen earlier in 2022. PC and […]
A report from analysts at investment bank Berenberg says that advertising revenues at German broadcasting giant ProSiebenSat.1 Media are softer and weaker than anticipated. Indeed, the report says that advertising assumptions for the Germany, Austria and Switzerland markets might be too optimistic. “While the guidance from March 2022 reflected an assumption of DACH advertising revenues […]
LADbible’s social media brands have an audience of around 1 billion, with 262 million followers globally and claims 28 billion content views every year. Investment bank Berenberg has compared and contrasted the progress of LADbible, part of LBG Media, against some heavyweight peers including Google, Amazon, Criteo, Snap and ITV, and importantly, online and video […]
Investment bank Berenberg issued a negative report on ITV, the UK’s main free-to-air commercial broadcaster, saying that while ITV’s interim results were strong, the bank expects there to be declines in ad revenue, a severe decline in viewing numbers and greater competition from US streamers which will tap into ITV’s traditional advertising revenues. Berenberg admits […]
Ubisoft Entertainment’s latest set of results revealed delays to some key game releases and a cut to the company’s future guidance. But investment bank Berenberg maintained its ‘Hold’ advice to investors in its July 22nd Flash Note. The company has a number of well-known games in its portfolio, such as Assassins Creed. Ubisoft says an […]
Berenberg Bank has issued a report on the state of the video games sector, and says that demand is “soft” but anticipates improvements in the second-half of this year. The report comes as Sony has paid $250 million for a 1.4 per cent stake in Epic Games (owner of Fortnite), joining Tencent and Disney as […]
A report from investment bank Berenberg suggests that the “hopefully shallow” recession is definitely coming and will affect advertising – but that agencies will not be hit as badly as media. Berenberg expects 2023 to suffer a full-year decline in ad-spend. “Our economics team now forecasts negative economic growth in major Western markets in 2023 […]
LBG Media is a UK-based multi-brand, multi-channel digital content publisher. At its core, LBG creates and distributes bespoke content through its 10 own brands, as well as content from third parties, to generate interactions with its global audience. It has an immense global audience of some 264 million followers, and a report from investment bank […]
Games producer Devolver Digital Games, based in Texas, has had a bad week. It issued a profits warning for the year and suffered a 50 per cent crash in its share price. The concerns drove a sell-off across many PC and console video games as it raised concerns over market congestion, softening market demand and […]
Analysts at Berenberg Bank has issued a positive note to clients on satellite operator SES, saying that while its business is doing well – and its share price reflects this – it still has three key challenges over the next two years. The bank has reiterated its ‘Buy’ rating on SES and raised its target […]