Pink's Bottom Line on Media, Money and Sports

A new streaming news network, a volatile stock market and the College Football Playoff and the SEC

In today’s newsletter, I discuss a new streaming news network, a volatile stock market and the College Football Playoff and the SEC.

MEDIA: New Streaming News Network

Univision, the largest Spanish-language broadcaster in the United States, last week launched a new 24-hour news network called Noticias Univision 24/7.

The new news network is available on PrendeTV, Univision’s free streaming service that includes a wide range of Spanish-language content beyond just news.

Pink's Bottom Line

The launch of Noticias Univision 24/7, which will be featured on PrendeTV, indicates the focus for nearly all major media companies on development of content for streaming platforms.

Look for that trend to persist throughout the next year as media companies and their streaming services look to differentiate their product offerings from their counterparts in a brutally competitive streaming marketplace.

MONEY: Volatile Stock Market

Last week was a wild ride for the S&P 500 index, a broad measure of the US stock market.

That index gained or lost at least one percent in value every day last week but Friday, according to data compiled by the Bespoke Investment Group.

Pink's Bottom Line

Additionally, according to data compiled by Bespoke, twelve individual stocks declined in value by at least 2% every day last week.

Notably, four of those 12 stocks to show those declines were retailers or retail-related, and three were biotech or pharmaceutical stocks, according to that Bespoke Data.

SPORTS: College Football Playoff and the SEC

The College Football Playoff (CFP) became clear after yesterday’s games — Alabama, Michigan, Georgia and Cincinnati will be the four teams competing for the national title this year.

According to FanDuel Sportsbook, Alabama at +120 and Georgia at +135 are the decided favorites to win the national championship.

Pink's Bottom Line

If either Alabama or Georgia does win the national title this year, it would mark the third consecutive season and the 12th time in the past 16 seasons that a team from the SEC has been crowned national champs.

It is a truly remarkable run of excellence for the conference, and the SEC will grow even stronger with the planned additions of Oklahoma and Texas to the conference in 2025.

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Jeremy Pink is currently an advisor to media and fintech companies around the world. He is the former CEO of private-equity backed Broadcast Sports International where he helped lead the company to a successful sale and exit during his tenure there. He is also a former CNBC television executive in New York, London and Singapore.

The information contained in this communication is strictly for general informational and entertainment purposes and is not meant to be construed as financial, investment, tax, or legal advice. This communication is not a solicitation to buy or sell any securities. I am not a financial advisor or offering professional advice of any kind. Users should not act upon the content or information found within this communication without first seeking professional advice appropriate for their individual situation. Decisions based on information contained in this communication are the sole responsibility of the user, and use of this communication and its contents constitutes an explicit understanding and acceptance of the foregoing disclaimers.

(Newsletter Editor: Karina Pink)