Alibaba Stock Will Gain From Falling Digital Media Losses

| October 3, 2019

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When is a money-losing segment not a concern for a company? When it brings something else to the table. Alibaba (NYSE:BABA) has reported single-digit revenue growth in its digital media segment in the latest quarter. The digital media segment had revenue of RMB 6.3 billion compared to RMB 5.97 billion in the year-ago quarter. This equals to 6% growth in that segment, which was the slowest among all Alibaba stock’s parts. However, Alibaba also reported a steep reduction of 30% in EBITA loss from this segment. Improvement in margins in this segment should increase the overall EPS and boost the sentiment towards Alibaba stock.

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MEDIA AND BROADCASTING

Music and podcasts are competing for the same time

Article | April 8, 2020

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Power The Entertainment

Power The Entertainment is a development company specializing in partnerships for: Producers, Broadcasters, Publishers, Brands, Sponsors, Promoters, Event Organizers, Venue Operators, Resort and Real Estate Developers.

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