For Immediate Release
Chicago, IL—October 14, 2016—Zacks Friday Finish Line is a podcast hosted weekly by Zacks Editor Maddy Johnson and Content Writer Ryan McQueeney that takes on the week’s biggest news from the financial and investment world.
Forget Netflix: Will YouTube, Twitter, and Facebook Kill TV?
Welcome to Episode #16 of the Zacks Friday Finish Line Podcast!
Mylan Settles One EpiPen Charge
The first story of the week included a resolution to the ongoing drama with Mylan (MYL - Analyst Report) regarding its price hikes on the EpiPen. On Monday, shares of the controversy-ridden pharmaceutical company gained around 8.5% after settling to pay $465 million to the U.S. government over claims that it overcharged federal programs for the allergy medication.
No One Loves Twitter
Maddy and Ryan also updated listeners about the current state of the Twitter (TWTR - Analyst Report) buyout rumors. New reports indicate that several previously-interested suitors, including Salesforce (CRM - Analyst Report) , Alphabet Inc. (GOOGL - Analyst Report) , and Disney (DIS - Analyst Report) , are no longer interested in the company.
Tesla & SolarCity Investors Set to Vote
While Twitter may not have found a match, the hosts filled us on in the budding relationship between Tesla (TSLA - Analyst Report) and SolarCity (SCTY - Snapshot Report) . Tesla announced this week that shareholders will have an opportunity to vote on its proposed buyout of SolarCity next month.
YouTube Crushes Live Streaming
Finally, the featured story of the week surrounded the viewership of the most recent presidential debate. Interestingly enough, a new report indicated that YouTube’s livestream smashed the total television numbers for overall views. Twitter and Facebook (FB - Analyst Report) also got into the action with livestreams of their own.
Maddy and Ryan talked about what this new surge in livestreaming means for the cord-cutting market. Is this just another death signal for traditional television? Should Netflix (NFLX - Analyst Report) and Amazon (AMZN - Analyst Report) be looking to add live events to their libraries?
Want More Zacks Friday Finish Line?
Check back every Friday for a new episode that looks at each week’s biggest financial and investment news. You can follow the Zacks Friday Finish Line Podcast on iTunes, Soundcloud, and ZacksInvestmentNews on YouTube.
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